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Mr Fahour surprisingly announced on Wednesday that he would resign just weeks after the revelation of his $5.6 million salary caused a national furore and drew the ire of Prime Minister Malcolm Turnbull.
Workplace reporter Nick Toscano contextualises the Fair Work Commission's announcement on Thursday that Sunday penalty rates paid in retail, fast food, hospitality and pharmacy industries will be reduced from the existing levels.
Four farmers forcibly evicted from their land in rural Cambodia by a land grab financed by ANZ have travelled to Melbourne on behalf of almost 700 Cambodian families seeking compensation from the bank.
Just when you think the risk of identity theft and cyber fraud means youâll have to leave your credit cards in a safe, here's another one. The scumbags are stealing your frequent flyer points.
"This segment of the population typically have a higher earning capacity so they may be in a better position to repay debt compared to retirees or those just starting out," money expert Bessie Hassan said.
The tipping point for Generation Y, or people born in the 80s or early 90s, was $3634.
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South Australian women between 18 and 34 were the biggest worrywarts, and started to panic when credit card debt hits $1629.
Queensland men between 35 and 54 were the most relaxed cohort, only worrying when the numbers reached $6387.
The bank will on Thursday cut its low rate platinum card by 2 per cent to 11.49 per cent and its low-rate classic card by 1 per cent to 12.49 per cent, which it says are the lowest rates since 2003.
AAP
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