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V/Line pays thousands for taxis due to trains being wheelchair inaccessible
via abc.net.auTwo north-east Victorian residents have claimed V/Line regularly pays more than $1,000 for return taxi trips to Melbourne due to train and coach services being wheelchair inaccessible. -
Bali locals sue to stop coal power expansion
via abc.net.auFarmers and fishermen launch legal action to stop the expansion of a coal power plant near one of the Bali's favourite tourist beaches. -
AGL plans $200m upgrade at Bayswater Power Station as electricity shortage looms
via abc.net.auAGL says a $200 million upgrade at Bayswater Power Station in NSW is part of an effort to hold off the expected 1,000 megawatt shortfall when it closes its Liddell Power Station. -
Ophir’s fund ‘recommended’ by Zenith
Funds managementOphir Asset Management’s High Conviction Fund has been awarded a ‘recommended’ rating by Zenith. -
Market neutral equity funds rebound in 2017
Funds managementMarket neutral equity funds recovered strongly in 2017 while Zenith has announced a new market benchmark for better performance comparison. -
Government asks states to support schools’ financial literacy
People & ProductsThe Turnbull Government has invited the states and territories to support the expansion of the ASIC MoneySmart Teaching program. -
TPB clarifies outsourcing and offshoring obligations
Financial planningThe Tax Practitioners Board has responded to the need for clarification around outsourcing and offshoring tax services, releasing a practice note clarifying the obligations of tax practitioners undertaking such practices. -
Legg Mason’s Western Asset funds drops tobacco and arms investments
Funds managementLegg Mason has announced its Western Asset fund will remove investments linked to tobacco and cluster munitions. -
IP announces IMA offering with Lawrence Wealth
People & ProductsLawrence Wealth and Implemented Portfolios have announced the creation of a bespoke individually managed account offering for the former, following years of the financial planning business considering its options. -
CBA maintains highest customer satisfaction despite recent allegations
Financial planningCustomer satisfaction with banks in the last six months to January reaches 81.2 per cent, with CBA maintaining the highest rate despite recent regulatory allegations. -
Call for grandfathering for annuities holders
Policy & RegulationThe Federal Government has been urged to ensure grandfathering for existing annuities holders if it implements changes to the Age Pension means testing rules. -
Managed accounts and technology reward Netwealth
Funds managementThe newly-floated Netwealth has confirmed the value of its managed accounts and technology strategies with a strong first half and a robust full-year outlook. -
FSC warns on widening whistle-blower recipient status
Policy & RegulationInsurers and other members of the Financial Services Council might have to train thousands of managers and supervisors if the Government widens the scope of those eligible to be whistle-blower complaint recipients. -
Captive dolphins a step closer to freedom with new study into sea pens
via abc.net.auA New South Wales dolphin marine park agrees to take part in a feasibility study that could see its captive dolphins moved into an offshore sea pen. -
Wall Street falls sharply on prospect of more rate hikes ahead
via abc.net.auThe trigger for Wall Street's sell-off was Federal Reserve chair Jerome Powell, who signalled the possibility of the US experiencing more rate hikes than expected. -
Millions of Australians ordered to have deadly airbags removed from their cars
via abc.net.auMore than 2 million cars will be hit by one the largest recalls in Australian history, with defective Takata airbags associated with 20 deaths globally. -
Low mortgage arrears shows housing market unlikely to collapse: Westpac
via abc.net.auDespite fears of a major correction in Australian property, Westpac says borrowers are not falling behind in their repayments, which is protecting the market. -
Sceptical Shorten open to revoking Adani mine licence, businessman says
via abc.net.auEnvironmentalist Geoff Cousins says Opposition Leader Bill Shorten told him that when Labor wins government they could withdraw the Adani mine licence. -
Profits up, wages flat: why workers aren't sharing in the good times
via abc.net.auMore companies have just reported a profit than at any time since the GFC. It's been great for shareholders, less so for employees. -
Cafe robbed two nights in a row during Darwin crime spike
via abc.net.auThe second robbery of a Darwin cafe in as many days saw a man injured when thieves threw glass perfume bottles at him as he tried to protect the business. -
Queensland 'most expensive' state in nation for gas: review
via abc.net.auHomes in south-east Queensland using reticulated gas pay more than twice the national average for their supply, a review of the nation's gas pricing reveals. -
Amazon unveils next phase of Australian push
via abc.net.auRetail analysts say Amazon's slow rollout is all part of its strategy, as the retail behemoth announces its "fulfilment" service is now available to retailers in Australia. -
Can't spare a square: Behind the toilet paper panic in Taiwan
via abc.net.auSupermarket shelves are stripped bare by people panic-buying as suppliers warn of a price hike. -
Caltex to scrap franchise model as it dives deeper into retail, while Costa's orchards bear fruit
via abc.net.auThe second last day of the February reporting season has seen some strong results across the board with Caltex, Cost and Iluka all impressing. -
Same-sex marriage postal survey delivers Australia Post revenue boost
via abc.net.auAustralia Post says without the postal survey creating a $26.3 million revenue surge late last year, a 10 per cent fall in traditional letter volumes would have been "even sharper". -
NZ PM 'not fazed' by questions over when her baby was conceived
via abc.net.auJacinda Ardern says she wasn't concerned by a 60 Minutes interview that probed details of her pregnancy, despite a backlash from some viewers after the show aired.
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