No credit for Australia's payments efficiency

Article Abstract:

The Australian Competition & Consumer Commission (ACCC), and the Reserve Bank of Australia (RBA) have released a report entitled 'Debit and Credit card Schemes in Australia'. Issues concerning the high, anti-competitive fees of the credit card industry are presented.

Management, Reports, Credit and debit card industry, Credit card industry, Reserve Bank of Australia

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GIO losers pose a question of class

Article Abstract:

Former shareholders in Australian insurer GIO are suing the company to recover large losses they incurred when the company was involved in a hostile takeover bid from AMP. However, Justice Michael Moore must decide whether the case is a valid class action.

Class actions (Civil procedure), Cases, Class action lawsuits, Insurance industry, GIO Australia

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Smorgon steels itself for a 'risky'deal

Article Abstract:

Issues concerning the planned takeover by Australian Smorgon Steel Group of whitegoods manufacturer Email are discussed.

Planning, Acquisitions and mergers, Email Ltd., Smorgon Steel

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