National Australia Bank apologises to customers amid online banking outage
National Australia Bank (NAB) has apologised to its customers after an outage on Tuesday evening affected online banking.Customers trying to log in to online banking through the NAB app received the error message: "Sorry, something went wrong. Couldn't connect to internet banking." The error message appearing for users of NAB's smartphone app. Photo: Supplied The bank advised customers to log in using an internet browser instead, however some customers reported this still didn't work.UBa..>> view originalThis bank tribunal isn't a show trial, it's a farce
Far from being a show trial, the eagerly anticipated parliamentary banking tribunal was called out as a "farce" by one of its participants.Sadly, it was never going to be much else, given the limited amount of time made available to drill the big four bank bosses: an average of about 15 minutes for each politician. More Business Videos Previous slide Next slide Commbank attacked over suicide finding Bank chief won't sign ethics oath Are the banks 'tr..>> view originalWoolworths petrol sale under ACCC scrutiny
ACCC chairman Rod Sims will scrutinise Woolies' expected $1.6 billion sale of its petrol station network. Nic Walker Competition tsar Rod Sims is getting set to take the microscope to an expected $1.6 billion deal by Woolworths to sell its petrol station network to an existing player in what is already a fairly concentrated market.The Australian Competition and Consumer Commission chairman, for whom the petrol retailing market has long been a p..>> view originalRBA leaves cash rate steady, mixed on housing risks
Economists looked for signs that the RBA's new governor Philip Lowe had grown more concerned about housing. Bloomberg by Jonathan Shapiro and Vesna Poljak Reserve Bank governor Philip Lowe has assured a smooth transition from the Glenn Stevens-era by holding the cash rate steady at 1.5 per cent, but his statement has fuelled debate about whether the central bank is quietly concerned about rising house prices.Trader..>> view originalQuickflix snapped up for $1.3 million by US entrepreneur Erik Pence
US media entrepreneur Erik Pence has emerged as the new owner of Quickflix, after paying its administrators just $1.3 million for the streaming and subscription service. The deal was coincidentally announced the same day Foxtel revealed plans to shut down its streaming service, Presto, after joint owner Seven West Media pulled out of the project. More Business Videos Previous slide Next slide Presto video service to close Bank chief won't sign ethics oath ..>> view originalFlood of AirBnB listings sees hosts income drop by 40 per cent
The number of AirBnB listings across Melbourne has increased 40 per cent since the start of this year, leading to a 32 percent decline in average monthly incomes for hosts.This means investors using their property for short-stay accommodation may now be getting less than they could from a long-term lease. More Property Videos Previous slide Next slide Airbnb's 10 most popular listings Rates on hold Dream homes The Block 2016: Master suite ..>> view originalSofter month fails to dent building approvals momentum in August
The lifestyle change that has altered Australia's skyline over the past 15 years continued to drive apartment approvals higher in the year to August. Eddie Jim New dwelling approvals strengthened in the year to August as weaker monthly figures failed to dent the momentum of an industry buoyed by record low interest rates.Total approvals rose to 238,204 in seasonally adjusted terms in the 12 months to August, the highest since January's 238,213..>> view originalVocational loans scheme scrapped, loans to be capped under major Turnbull government shake-up
Dodgy private colleges will be banned from receiving taxpayer money and student loans capped under a sweeping redesign of the scandal-plagued vocational loans scheme by the Turnbull government.The overhaul, to be announced by Education Minister Simon Birmingham on Wednesday after being approved by cabinet Tuesday, will wipe an estimated $25 billion from federal government debt over the next decade. More News Videos Previous slide Next slide VET: a conflagration of taxpa..>> view originalTelstra exec slams Vodafone's arguments for domestic roaming
A senior Telstra executive says it is a myth and "rubbish" its mobile network is a legacy of public ownership, and the competition regulator "will kneecap regional investment" if it allows domestic mobile roaming. The group executive of corporate affairs at Telstra, Tony Warren, lashed out at Vodafone, telling an industry audience only 'large multinationals' think domestic roaming would be good. More Technology Videos Previous slide Next slide Telstra's new 'Thrive On'..>> view originalBeing sacked can cost much more than the lost wage
This piece is produced in commercial partnership between Maurice Blackburn and Fairfax Media.It's often remarked that death, divorce and moving house are the three most traumatic events of a person's life. In my experience, having advised hundreds of clients about their rights who have lost their jobs, being sacked is on par with the other three. Reason being is we're often defined by what we do. Our sense of identity, our ability to function as a spouse, parent or friend is often completely wr..>> view original
Sunday, October 9, 2016
National Australia Bank apologises to customers amid online banking outage and other top stories.
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