![Airport fees have grown dramatically over the past 10 years.](/web/20170325073844im_/http://www.watoday.com.au/content/dam/images/g/q/y/r/3/i/image.related.landscape.460x307.gv4t9m.png/1490268334090.jpg)
Airport profits are out of hand says Virgin Australia
Virgin Australia's second-in-command has joined the competition watchdog's criticism of Australia's privatised airports.
Reporter for The Age
Virgin Australia's second-in-command has joined the competition watchdog's criticism of Australia's privatised airports.
Australian domestic airfares have hit a five-year high, government data shows, as airlines draw a line under a price and capacity war.
Commonwealth Bank subsidiary Bankwest will shut its corporate banking services outside of its home state as it refocuses on its core customers in Western Australia.
The US and UK have implemented bans on electronic devices larger than phones being brought on board for travellers flying via several Middle Eastern airports.
Virgin Australia has confirmed Melbourne will be its Australian destination for a new service to Hong Kong starting mid-year.
Casino tycoon James Packer has an extra $100 million in his wallet after calling in a loan to his Crown Resorts empire.
Westpac has followed National Australia Bank's lead and hiked home loan interest rates for both owner occupiers and property investors.
National Australia Bank will tap the brakes on a resurgent investor market by hiking interest rates on variable home loans for property investors, while also increasing rates for owner occupiers.
Business groups have rounded on new ACTU secretary Sally McManus' comments condoning breaking "unjust" laws, calling them "grossly irresponsible" and a signal business will struggle to work constructively with the peak union body.
One of Australia's largest fund managers will divest more than half a billion dollar worth of shares from companies that make deadly landmines, cluster bombs and tobacco products as part of an ethical investment overhaul.
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