business
Investors consider class action over super scam
Investors who lost out in a superannuation scam are considering a potential class action. Source link
How rugby league became Australia's most valuable football code
A $5 billion-plus broadcast rights deal is expected to be announced this week, making rugby league Australia’s most valuable football code. Source link
Widow warns of shock ambulance bill after husband's unexpected death
Private health insurers can legally avoid ambulance bills because corpses are not considered patients, a loophole that left a grieving widow shocked. Source link
ASX gains ground, PEXA shares lose 20pc in value — as it happened
The ASX closed 1.37 per cent higher on Friday, but PEXA shares lost 20 per cent in value after an IPART draft report recommended cutting PEXA regulated revenue. Catch up on the day’s events and insights from our business reporters on the ABC News live markets blog. Source link
For decades Australian house prices have grown. This is what a fall could mean
After decades of growth, Australian house prices are slowing. Here’s what a fall could look like. Source link
Gina Rinehart and estranged kids liable for large legal costs after royalties trial
Mining billionaire Gina Rinehart and her two estranged children will have to pay a large chunk of the legal costs able to recovered from a mammoth trial that determined the payment of royalties from some of Australia’s most lucrative iron ore mines, a WA judge has ruled. Source link
Privacy Commissioner ordered to hand over report on Amex security failures
The Privacy Commissioner has been ordered by parliament to hand over a secret report detailing its investigation into American Express’s technology security failures, after using gag orders and legal threats to keep it confidential. Source link
Major milk company fined for misleading consumers about fresh milk
One of Australia’s largest milk providers has been fined by the consumer watchdog for misleading consumers with “fresh milk” labels on products that contained substantial amounts of powdered milk. Source link
Australia ranks third-highest for median wealth globally, UBS data shows
Australia holds the third-highest median wealth globally at $306,074, pipped at the post by Luxembourg and Belgium. Source link
Government moves to shore up fertiliser supply with $160m plant loan
Ryowa Group has received a loan for its outback Queensland Phosphate Hill asset as the federal and state governments move to ramp up domestic fertiliser production capability. Source link