Banking Day

News and commentary on banking in Australia and New Zealand.

[Banking Day @bankingday]

The ACCC vs Mastercard trial gets better and better

Yale icon takes stand at Eftpos trial https://t.co/bpI4PLvush

[Banking Day @bankingday]

My take on the capital gains tax debate

The dumbest debate in Australia ever https://t.co/KUkK6f5y3L

[Banking Day @bankingday]

Watch out

[Banking Day @bankingday]

Mastercard are doomed. Read much much more on the Mastercard trial in Banking Day on Monday https://t.co/C7lbEKh2q0

[Glen Schaefer @hardenuppete]

Must follow account for Australians. By these projections we are going to run out of diesel by May 19th. Think about what that means for the economy.

[Richard D Boyle @Richard_D_Boyle]

This is one of the bravest things I have seen an Australian journalist say in a long time.

Thank you for being here on @X for the public, who are now being intimidated into silence with borderline fascist laws, Hugh.

Hopefully there will be others in #Auspol who find a spine.

[Manolo De Los Santos @manolo_realengo]

WARNING: Don't fall for the U.S. psyops. The narrative that Delcy Rodríguez betrayed Maduro and the Revolution is a manufactured lie. My full breakdown of the last 72 critical hours in Venezuela:
https://t.co/nFfDcwe94Q

[Banking Day @bankingday]

Banking Day https://t.co/TQocZ70jR2

[Banking Day @bankingday]

The debanking of @monoova is underway, and Monoova and every crypto happy fintech on its books is a massive challenge for @Cuscal.

https://t.co/GAfDrE9Yrs

[Banking Day @bankingday]

Mastercard lose legal privilege in ACCC 'misuse of power' case https://t.co/AsNkTKorOT

[Banking Day @bankingday]

A blistering story on ⁦@NAB⁩ tomorrow morning

Banking Day https://t.co/TQocZ70jR2

[Banking Day @bankingday]

Bank of Sydney takes plunge with Infosys https://t.co/kzXMLhAh2P

[Steve Johnson @ForagerSteve]

Bizarre sequence of events at $OFX.
1. Share price +18% Monday morning
2. Please explain from the ASX
3. Trading halt, OFX says results about to be released "may have a material impact on the price"
4. Releases results this morning. Weak. Withdraws guidance.
🤷‍♂️

[Kos Samaras @KosSamaras]

We tracked key seats throughout the federal election, six waves, starting in early February. The collapse in Coalition support was dramatic.

But so too are the voting habits of younger Australians, who now shift faster and more unpredictably than ever before.

Gen Z Coalition Primary

Wave 1 – 28%
Wave 6 – 22%

Diverse Australia – Coalition Primary

Wave 1 – 47%
Wave 6 – 37%

Renters – Coalition Primary

Wave 1 – 30
Wave 6 - 21

The Mortgage Belt – Coalition Primary

Wave 1 – 42%
Wave 6 – 34%

University Degree – Coalition Primary

Wave 1 – 41%
Wave 6 – 31%

Women– Coalition Primary

Wave 1 – 45%
Wave 6 – 32%

Financial Stress – Coalition Primary

Wave 1 – 39%
Wave 6 – 25%

[Victorian Labor @VictorianLabor]

Labor wins Melbourne.

[Banking Day @bankingday]

@Abdullah_Om3r03 .

[Banking Day @bankingday]

Surcharges on cash payments anybody?

NAB pushes for cash surcharge https://t.co/J9PlwodGRL

[Jerome Laxale MP @jeromelaxale]

The average cost of eftpos debit is under 0.5%

Yet we get charged a blended rate of up to 2.5%. I find that excessive.

But get this, the ACCC has no power to investigate banks and payment providers, just merchant businesses.

#auspol

[Banking Day @bankingday]

AMP makes its foray in business banking https://t.co/NJv1OQKtj2

[Kevin Bonham @kevinbonham]

#DemosAU ALP 33 L-NP 38 Green 12 ON 7 others 10. 2PP (last-election prefs) 50-50 (that is low for Labor off those primaries, normally would be 50.8, could be rounding or minor party mix factors)

https://t.co/6kKxDXs0B1