Credit card surcharge crackdown a 'big win for consumers'

Credit card surcharge crackdown a 'big win for consumers'

Updated August 31, 2016 23:56:36 Companies that charge consumers excessive credit card fees will be hit with big fines under a ban that takes effect on Thursday. Key points: Limits come into force for large companies this month, smaller businesses next year Companies have been issuing fees 1,000pc above processing cost Consumers charged an excessive surcharge can contact the ACCC via its website The new law limits the amount businesses can charge customers to use payment methods such as EFTPOS, MasterCard, Visa and American Express cards issued by Australian banks….

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EU split one year after Merkel migrant offer (AFP)

EU split one year after Merkel migrant offer (AFP)

AFPon August 31, 2016, 11:16 pm EU split one year after Merkel migrant offer Brussels (AFP) – One year since Germany controversially opened its arms to Syrians fleeing war, the EU has tightened the borders of “Fortress Europe” but remains deeply divided over how to share the refugee burden. Angela Merkel justified her decision at the time by saying that the biggest migrant crisis since World War II “did not reflect well on Europe”, yet other countries furiously accused her of opening the floodgates. Since last year when one million…

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The changing face of Sydney's Kings Cross

The changing face of Sydney's Kings Cross

Updated August 31, 2016 22:52:34 Video: The changing face of Kings Cross with its gentrification, but is it for the better? (Lateline) Lockout laws have been blamed for the death of Australia’s leading red light district, Kings Cross, but as some of its most famous characters will tell you, it’s not all bad news. When Elizabeth Burton started her career on stage in the 60s as a go-go dancer, the Cross was the go-to destination for pimps, gangsters and late-night revellers. “There were clubs on either side of the street….

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Markets cautious ahead of US jobs data (AFP)

Markets cautious ahead of US jobs data (AFP)

AFPon August 31, 2016, 10:04 pm Asia markets mostly down but Tokyo soars on weak yen Hong Kong (AFP) – Caution reigned on most stock markets Wednesday as traders reacting to mixed regional data ahead of key US jobs numbers due later in the week. Wall Street stocks opened slightly lower after the ADP payrolls firm said Wednesday that US businesses added a solid 177,000 new staff in July. Analysts said the ADP data supports the consensus forecast that the Labor Department will report a 180,000 gain in public and…

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Day belongs to Hastings as Aussies win in Dambulla

Day belongs to Hastings as Aussies win in Dambulla

Posted September 01, 2016 08:11:18 Photo: John Hastings was the destroyer with six wickets in Australia’s series-sealing win over Sri Lanka in Dambulla.(AFP Photo: Ishara S.Kodikara) Related Story: Australia beats Sri Lanka, clinches ODI series He wouldn’t have been of the first 15 bowlers even considered three months earlier. This was the assessment of my esteemed colleague Jesse Hogan on the ABC Ashes podcast last September when reflecting on the unlikely rise of John Hastings. Then, it was the morning after the Victorian seamer had earned the man of the…

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