Qantas frequent flyers are great at accumulating points – they always have been. But Qantas has to help them get better at spending the points to shore up its loyalty proposition.
A $820m deal that would see consumer credit data controlled by a duopoly of foreign companies is being examined by the competition regulator.
The deal, which closed on Friday, will see Mercury take a 60 per cent interest in Fyfe which has been around since the 1980s.
The fund promoter appeared in a Melbourne court on Tuesday. His group of companies has already been fined $30 million for misleading and deceptive conduct.
The self-styled wealth and property guru runs seminars for students on how to protect their assets, but has been pursued by the consumer watchdog.