Mastercard sued for $19 bln in UK's biggest claim

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Mastercard is sued for $19 billion for allegedly charging excessive fees, according to court documents filed in London, in what could become Britain's biggest damages claim.

TPP faces defeat in US Congress

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U.S. House Speaker Paul Ryan says the Trans-Pacific Partnership trade deal still faces an uphill battle in Congress.

Under the hammer: Is the DIY industry screwed?

Every business has its season and for hardware its spring, but there's a pall hanging over home improvement's high season.

BMW executives pull out of Paris Motor Show

BMW's management board is skipping the Paris Motor Show to hold talks aimed at breaking a deadlock over whether to produce new electric cars, including a battery-powered Mini.

Who built Dick Smith's House of Cards?

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The scorecard in the Dick Smith game of deception versus incompetence is a hard one to read.

Green slip reforms would leave most motorists to fend for themselves

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Most people injured on the road face losing their common law rights to sue insurance companies for ongoing medical costs and lost wages.

Shoppers face less choice as Metcash culls product range

Grocery wholesaler joins the big chains in reviewing and slashing its product range.

Big four banks' heartland targeted by ING Direct

The new chief executive of ING Direct, Uday Sareen, is looking to take the fight to the big retail banks in their heartland by offering customers a wider range of products including credit cards, insurance.

Horror at 7-Eleven: no compensation and no goodwill for franchisees

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The alleged 'bullying' tactics waged against 7-Eleven franchisee Helen Ren by head office has sent chills through the convenience store giant’s franchise network.

7-Eleven 'bullying' tactics caught on camera

Franchisee Helen Ren had her store surrounded by fences while multiple 7-Eleven head office staff tried to persuade her to sign a termination contract.

The biggest mental health risk for bankers (and it's not robbers)

Banks should be required by law to ensure retail products such as home loans and credit cards are in a customer's best interests, the Finance Sector Union

Cashing in on the TitanTrade boiler room

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It was a balmy summer's day in late June when an Australian businessman checked into the opulent Hotel Augustus in the glitzy Tuscan seaside retreat of Forte dei Marmi.

The economic numbers game - it's not as bad as you might think

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Just about everyone who doesn't look at the numbers - which is most people - is convinced the economy is 'slowing'.

Childcare educators make their case for much higher pay

Low-paid childcare educators across the nation will converge in Canberra next week to fight for a major investment of federal funds into their wages.

Coalition's public service policy 'cruel': Labor

Labor comes to defence of public service strikers as workers are warned by govt to 'think carefully'.

ASX down for fourth week

Australian shares were weaker for a fourth consecutive week after the ECB failed to extend its monetary stimulus program.

How the banks made themselves an easy target

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Nobody cares if banks are getting a good kicking from politicians because nobody cares about defending them.

Hunger for home improvement

What drives our obsession with DIY projects and which jobs are better left to a professional tradie?

Markets Live: Draghi drags on ASX

Australian shares closed down for the fourth week in a row after the ECB failed to extend its monetary stimulus program and investors piled out of the big banks.

Genuine underperformance from ASX 200

In the last month the ASX 200 has strongly underperformed other global markets. IG Markets take a look at whether that will continue and what might drive the index.

Four main plastic personalites

All spenders are not created equal when it comes to credit cards. What should your card choice be?

Two costs that stress out Australians households the most

The economic concerns making Australian households anxious.

Stevens' parting shot – hosing down the $A emphasis

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There's more than a little irony in at least some of the Australian dollar's latest gyrations being attributed to Glenn Stevens' exit interview remarks. He actually dissed monetary policy's exchange rate power.

Origin's King to be replaced by Calabria; restructure on the cards

Origin Energy is replacing its longstanding chief executive, Grant King, with, Frank Calabria, rekindling the possibility of a restructure

Australia can't afford for you to relax on your RDO

• COMMENT

I question whether Australians should be having the days off that we do.

Airlines ban Samsung's Galaxy Note 7 use, charging

Qantas, Jetstar, Virgin Australia and Tiger Airways have banned passengers from using or charging Samsung Galaxy Note 7 smartphones on planes over concerns their batteries could explode or catch fire.

Here's how much 'Australia Tax' you'll pay on the new iPhone

Australians will pay significantly more for Apple's new iPhones than American customers.

RBA: Our one respected institution

It’s not entirely coincidental that for 20 of our 25 years of unbroken growth, Glenn Stevens has been a or the key player in our monetary policy.

Queensland Nickel was able to donate to Palmer's PUP: court

Clive Palmer had full authority to direct Queensland Nickel via a joint venture agreement in two parent companies he wholly owned, the Federal Court has been told.