Steven Münchenberg
Latest
Small business set to benefit from revised Code of Banking Practice
3:01AM | Friday, 15 MarchBanks will need to give at least 10 days’ notice before making any materially adverse changes to small business customers’ terms and conditions, as part of the revised Code of Banking Practice.
Online retail boom sees credit card fraud soar
7:10AM | Friday, 13 JulyThe Australian Bankers’ Association has issued a stark warning to merchants and consumers over payment fraud, with new data showing credit card fraud is surging as online retail booms.
THE NEWS WRAP: Swan hopes GDP growth figures will change economic conversation
6:18PM | Wednesday, 6 JuneFederal Treasurer Wayne Swan has claimed that yesterday’s strong GDP figures would put the “doomsayers” of Australia’s economy “back in their box.”
Industry groups cast doubt on Labor’s surplus pledge
11:04AM | Tuesday, 29 NovemberIndustry groups have thrown their support behind the Federal Government’s renewed promise to return the budget to surplus, but have raised doubts over the measures it will use to achieve this.
Australian Bankers’ Association rejects call for credit card surcharging cap
7:30AM | Tuesday, 26 JulyThe Australian Bankers’ Association has rebuffed a proposal to cap the surcharge fees imposed by credit card customers, much to the dismay of EFTPOS payment platforms.
Social media surge fuelling credit card scams: Report
6:39AM | Thursday, 23 JuneNew figures reveal online credit card scams are increasing, with social media attributed partial blame, but the Australian Bankers Association insists fraud rates are still low.
Scams double amidst evolving technology
3:11PM | Monday, 7 MarchA new report by the Australian Competition and Consumer Commission reveals scam-related reports more than doubled from 2009 to 2010, with online scams soaring.
ATM fees spark investor interest
2:41AM | Thursday, 17 FebruaryA new report has revealed that investors are seeing increased potential in the ATM market, prompting a renewed call for a cap on ATM fees.
Brisbane businesses begin clean up
1:46PM | Sunday, 16 JanuaryBusiness owners in Brisbane are beginning the enormous clean up operation as a result of the floodwaters which saw the Brisbane River break its banks.
Mixed response to Swan’s banking plan
12:16PM | Monday, 13 DecemberFederal Treasurer Wayne Swan’s proposed banking reforms have received mixed reviews from business and banking representatives.
Government to look at portable bank account number proposal
12:07PM | Sunday, 5 DecemberThe Federal Government will examine how to make it easier for borrowers to switch lenders, considering measures such as introducing portable bank account numbers.
Banking group hits back at Hockey over interest rates
2:46PM | Wednesday, 2 FebruaryThe Australian Bankers’ Association has hit back at shadow treasurer Joe Hockey’s insistence that the government should do more to force the banks to keep their interest rates down.
Ombudsman set to name and shame banks
12:34AM | Monday, 6 DecemberBusinesses will soon be on a better footing with banks and other lenders, with the Financial Ombudsman Service planning to publicly name and shame the worst offenders.
Government rules out small business bank idea
12:05AM | Monday, 6 DecemberThe government will not follow the UK and Canada and actively encourage the establishment of a bank specifically for small businesses, the new small business minister has told StartupSmart.
Greens to push ahead with bank fee cap plans
12:31AM | Monday, 6 DecemberThe Greens will continue to push for new regulation on banks to place caps on savings account charges and ban $2 ATM fees.
