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Australia’s Card Surcharge Ban Kicks In October 1: What Changes for You
From October 1, card surcharges are banned in Australia. Banks are raising annual fees and cutting rewards. Small businesses save $910 million but may raise prices.
PNG Chiefs Land Record $15M NRL Sponsorship Deal With Bank South Pacific
PNG Chiefs secure record $15 million NRL sponsorship deal with Bank South Pacific, the largest club sponsorship in the competition’s 118-year history, through to 2030.
Live Nation Opens Grange House: 3,000-Seat Singapore Venue by Mid-2027
Live Nation names its new Singapore venue Grange House, a 3,000-capacity entertainment space opening mid-2027 on Orchard Road. The venue will host concerts and cultural events.
BigBang Singapore Concert Sparks Hotel Surge 238% as Second Show Sells
BigBang’s second Singapore show on October 18 drives hotel bookings up 238% YoY and flight bookings up 85% as fans rush to secure tickets for the October 17-18 National Stadium concerts.
BigBang Adds Second Singapore Show on Oct 18 as Demand Surges
BigBang adds second Singapore concert on Oct 18 after first show sells out in two hours. Hotel bookings near National Stadium surge 238% as fans from across Asia plan trips.
Maggie Beer Holdings Posts $9.5M Loss After Shopify Migration Cuts Search Traffic
Maggie Beer Holdings posts $9.5M loss after Shopify upgrade cuts organic search traffic 38% in peak season. Hampers division sales fell 6.3% despite $800k emergency marketing spend.
Oriental Hotels Stock Surges Over 5% After Indian Hotels Company Merger Approval
Oriental Hotels shares jumped more than 5% on August 24 after IHCL approved its merger. The Indian Hotels Company and Oriental Hotels boards approved a Scheme of Arrangement. The transaction will combine OHL with its larger associate through an all-stock structure. The scheme remains subject to shareholder, creditor, NCLT, stock exchange, SEBI, and other approvals….
Mastercard Outage Halts Payments Across Australia on August 15
Mastercard’s scheduled system update caused a global outage on August 15, disrupting card payments across Australia. Services were restored by 4pm after affecting thousands of shoppers and retailers.
ATO Alleges Adgemis Companies Claimed $1B in Fake Expenses, Pocketed $78M in GST Refunds
ATO alleges Adgemis-linked JAGA Group Constructions claimed $1.05 billion in fake expenses and received $78 million in GST refunds. His CFO has accused him of knowingly using dodgy tax claims.