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- 1Australian banks cut rewards ahead of card surcharge ban●Banks cut rewards programs, free travel insurance amid surcharge ban By Adelaide Miller Sweeping reforms from the Reserv
Australian banks are slashing rewards programs and dropping free travel insurance as sweeping reforms from the Reserve Bank of Australia take effect this week. The reforms, which include a ban on card surcharges, have prompted banks to hike fees and scale back perks ahead of the changes, with customers set to feel the impact on everyday banking.
- 2Jefferies Names Its Top Australia Internet Stock Pick●Jefferies Names Top Australia Internet Stock Pick
Investment bank Jefferies has named its top pick among Australian internet stocks, with the call picked up by financial outlets including Investing.com and Yahoo Finance in Australia and Canada. The note is drawing attention from investors tracking the Australian tech and internet sector, though the specific stock and the bank's reasoning were not detailed in the coverage.