Westpac CEO Gail Kelly is believed to be concerned that St George customers may move to Bendigo or ANZ as the merger takes hold. Just one St George executive ha.....
CreditMart recently undertook some analysis around interest rates on reward program credit card offers and found that the average interest rate on these cards was 1.....
Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
No stopping Opes clients' legal action 3 June 2008
Lawyers pursuing class actions on behalf of clients of failed stockbroker Opes Prime have said that they will press ahead with their claims, ignoring pleas from the administrators that this would be unhelpful in mediation talks with bankers. Slater & Gordon has filed a claim on behalf of over 50 clients while IMF is organising legal action for around 60 clients although this has yet to be issued. Administrator John Lindholm is pushing clients to drop their cases and let mediation run its course. Slater and IMF have pointed out that any mediation can only recover the amount that ANZ owes to Opes Prime while some Opes clients were owed much more than the value of their portfolios when the broker collapsed.
