Australia’s largest mobile virtual network operator is snapping up a privately owned competitor for $7.8 million. ASX-listed Amaysim says it will move Jeenee Mobile’s 41,700 recurring post-paid mobile subscribers to its own systems and retire the […]
The Federal Court has ordered Optus to pay $6.4 million in penalties for falsely telling customers of rival broadband services their home internet would soon be disconnected. The competition watchdog says the Singtel-owned firm emailed […]
Property prices rose at a breakneck pace in November as record-low interest rates and looser lending standards fuelled demand in a sector that has gone from bust to boom since mid-year. It was the fifth […]
The head of the prudential regulator says Westpac’s money laundering and child exploitation scandal has shown Australian banks haven’t spent enough on monitoring potentially suspicious transactions. Australian Prudential Regulation Authority chair Wayne Byres told MPs on Monday that […]
Woolworths has been slapped with an employee class action that alleges its underpayment scandal is far worse than the current $300 million estimate. The supermarket giant on Monday said it would “fully defend” itself against […]
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