Credit card fees to fall for most as Australia bans profiteering

first_img“The majority of Qantas customers will pay the same or less in fees than they do under the current system, and there’ll continue to be low-fee and fee-free options for customers who prefer not to pay with a credit card.” However, the new percentage fee structure means that people buying more expensive fares, such as international business class journeys and longer domestic trips, will pay more – in some cases substantially more.Qantas says its low-cost subsidiary Jetstar will announce its new credit and debit card fee structure “soon” – well in advance of the September 1 deadline laid down by the Reserve Bank of Australia in May.The Virgin Australia group, which includes low-cost carrier Tigerair, hasn’t yet announced its response to the new RBA rules, but it is expected to closely mirror the Qantas fees. Budget travellers appear to have had a small win, with Qantas becoming the first Australian airline to lower credit and debit card fees for ticket purchases, following the Australian government’s banning of credit card fee profiteering in February 2016.Qantas says a new percentage-based card payment fee will replace a flat fee of $A7 per booking from September 1 this year. The fee for payments made with a credit card, including Visa, MasterCard, American Express and Diners, will be 1.3 per cent, while the fee for payment using debit cards will be just 0.6 per cent. Qantas says that, for an average domestic return fare of $400, the credit card fee will be $5.20, compared with the current flat fee of $7. For an average international return fare of $2000, the fee will be $26, compared with the current flat fee of $30. The current debit card fees to be replaced by a 0.6 per cent charge are $10 for international travel and $2.50 for domestic fares. The airline says fees will be capped at $11 for domestic and trans-Tasman fares and $70 for international fares. “This gives passengers certainty about the maximum they’ll pay before they start booking and is in line with Qantas’ consistent position that it doesn’t profit from card payment fees,” Qantas says in a statement.last_img read more

Indonesia angered after Malaysia puts wrong flag in SEA Games book

first_imgWATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding UPLB exempted from SEA Games class suspension LOOK: Venues for 2019 SEA Games Man sworn in as lawyer by judge who sentenced him to prison as a teen 20 years ago Don’t miss out on the latest news and information. MOST READ Catriona Gray spends Thanksgiving by preparing meals for people with illnesses Read Next Sports venues to be ready in time for SEA Games PLAY LIST 00:59Sports venues to be ready in time for SEA Games03:07PH billiards team upbeat about gold medal chances in SEA Games02:49World-class track facilities installed at NCC for SEA Games00:50Trending Articles01:35Panelo suggests discounted SEA Games tickets for students05:25PH boxing team determined to deliver gold medals for PH03:04Filipino athletes share their expectations for 2019 SEA Games00:45Onyok Velasco see bright future for PH boxing in Olympics02:25PH women’s volleyball team motivated to deliver in front of hometown crowd01:27Filipino athletes get grand send-off ahead of SEA Games SEA Games in Calabarzon safe, secure – Solcom chief Youth and Sports Minister Imam Nahrawi says the error is “very painful.”Indonesia’s Olympic Committee chairman Erick Thohir says the mistake “shows negligence” and demanded the guidebook be replaced.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutIndonesia appears to have taken particular offense because the guidebook was distributed to VIPs at Saturday’s opening ceremony and only its flag was shown incorrectly.Malaysia and Indonesia are both Muslim majority nations and share a similar language but often trade accusations of stealing the other’s food and culture. CBB Brace for potentially devastating typhoon approaching PH – NDRRMC Indonesians were angered after Malaysian organizers for the Southeast Asian Games wrongly depicted the Indonesian flag (right) in a souvenir guidebook for the event. In the guidebook, the Indonesia flag was inverted, making it look like the flag of Poland (left). AFP FILESJAKARTA, Indonesia — Indonesia is accusing the Malaysian organizers of the Southeast Asian Games of negligence after the Indonesian flag was printed upside down in a souvenir guidebook.The mistake, which makes the red-and-white Indonesian flag resemble Poland’s, has caused anger in Indonesia where “shameonyoumalaysia” has become the most popular hashtag on Twitter.ADVERTISEMENT LATEST STORIES View comments Flags of SEA Games countries raised at Athletes Village Macandili replaces Lazaro in SEA Games lineuplast_img read more

Beermen regain top spot, rally past Aces

first_imgJohn Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Typhoon Kammuri accelerates, gains strength en route to PH Chris Ross. PBA IMAGESDefending champion San Miguel Beer reclaimed the No. 1 spot after coming back to beat Alaska, 109-96, in the 2018 PBA Philippine Cup Saturday night at Batangas City Coliseum.The Beermen, who leaned heavily on their four star veterans, outscored the Aces, 47-25, since trailing by nine, 62-71, at the 3:10 mark of the third quarter.ADVERTISEMENT MOST READ Skating star Hanyu battles emotions to discuss Japan quake trauma Read Next LATEST STORIES AFP official booed out of forum Don’t miss out on the latest news and information. 2 ‘newbie’ drug pushers fall in Lucena stingcenter_img Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH Brace for potentially devastating typhoon approaching PH – NDRRMC NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers Slow and steady hope for near-extinct Bangladesh tortoises Trending Articles PLAY LIST 00:50Trending Articles01:30’Excited’ Terrence Romeo out to cherish first PBA finals appearance01:02Fajardo predicts there will be no sweep in PBA Finals01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City San Miguel improved to 6-2 with Magnolia breathing down its neck i second place with a 7-3 card. Alaska, which suffered its second straight loss, slipped to third at 6-3.JVee Casio led the Aces with 20 points and six assists. Chris Ross topscored with 24 points that went with nine assists and four steals, Marcio Lassiter added 21 points and eight rebounds while Arwind Santos and June Mar Fajardo each posted a double-double to combined for 38 points and 32 rebounds to power SMB.The big men played vital roles on both ends as Santos finished with 21 points, 14 rebounds and three blocks while Fajardo had 17 points, 18 rebounds and a block.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutSan Miguel rose from a 15-point hole in the second quarter and a nine-point deficit late in the third period thanks to a 22-2 run bridging the last two frames.Still without the injured starting guard Alex Cabagnot, the Beermen found a reliable fifth guy in Matt Ganuelas-Rosser, who came off the bench and came away with 11 points, five rebounds and two steals. His team was +29 with him on the floor. View commentslast_img read more

Vine: Buddy Hield’s Clutch Block Of Darrell Davis Helps Send Oklahoma To The Sweet 16

first_imgBuddy Hield blocks Darrell Davis.Vine/Dan LyonsOklahoma’s Buddy Hield is this year’s Big 12 Player of the Year, and for good reason. The junior shooting guard does everything for the Sooners, and in tonight’s Round of 32 game against Dayton, that includes making a crucial block on a fast break lay-up attempt that could have cut the Oklahoma lead to two points. Dayton guard Darrell Davis stole the ball from OU’s Jordan Woodard, and immediately took off for the hoop. As he released the ball, Hield made a fantastic play to reject the shot out of his hand. Instead of a two-point game, Oklahoma was fouled and extended the lead.Oklahoma finished the game with a 72-66 win, and will face Michigan State in the Sweet 16 at the Carrier Dome in Syracuse, NY.last_img read more

Saeed tells Merchant to stopstealing songs

first_imgMumbai: Farhan Saeed, a former member of Pakistan’s popular band Jal, has slammed Salim Merchant for copying his song ‘Roiyaan’. However, the Indian singer-composer called it a “mere coincidence”. “Someone just sent me @salim_merchant song ‘Hareya’, which is a total copy of my song ‘Roiyaan’. I wonder they have the audacity to call themselves artists when they steal someone’s work. Karna hi hai to pooch ke kuro aur ager poochna nahin hai to at least acha to kuro! #stopstealing,” Farhan tweeted on September 14. Salim suggested Farhan to check with the lyricist instead. “If I had to copy, I would have done that way long back in my career. I really wish I had heard your song before I made mine. Would have surely made changes to our composition to make it sound different from yours,” he tweeted.last_img read more

18 months an option for mat leave but be prepared for lower

first_imgOTTAWA – When Ottawa announced changes to EI parental leave benefits last year that will allow new mothers to receive benefits for 18 months, Heather Wilson was excited about the possibility of spending more time with her baby.But after digging into the changes, Wilson and her husband are probably going to stick with the 12-month option.That’s in large part due to the fact that when Ottawa announced the change, it didn’t increase the amount of money for the program. So, while you may receive paternity benefits for a longer period, the weekly amount will be less.The reduction means that new parents looking to make up the difference over the extended period with savings may want to have $10,000 or more put aside, on top of their other savings in preparation for the new baby.Calgary-based Wilson says her EI maternity and paternity leave benefits, which max out at $547 per week before taxes, are already going to be a drop from her regular paycheque, so the further reduction to take 18 months may not work for her family’s budget.“The time and concept is really nice, that 18 months, but for us, we’re not sure financially it makes a lot of sense,” said Wilson, who is due with her first child in May.She noted that she and her husband may already face challenges in coming up with their regular contributions to their tax-free savings accounts and RRSP savings with the reduction in her income.Amy Dietz-Graham, a portfolio manager for BMO Nesbitt Burns, said having a baby can be a huge expense and choosing the longer option means being able to budget for the longer time away from work.“If you can plan ahead and start saving ahead of time if you do want to take that extra time, the better off you’ll be,” said Dietz-Graham, who is also due with her first child at the beginning of March.Federal EI maternity and parental benefits provide money for new parents through employment insurance benefits, while Quebec runs its own Quebec Parental Insurance Program, which has not changed.Federal EI maternity benefits for biological mothers, including surrogate mothers, run for 15 weeks and pay a weekly benefit of 55 per cent of the claimant’s average weekly insurable earnings up to a maximum amount of $547 per week.After that, EI parental benefits, which may be shared between parents, kick in with two options: a standard choice of up to 35 weeks or an extended version that spreads the same payment out over a maximum of 61 weeks. The extended option reduces the payment to 33 per cent of the claimant’s average weekly insurable earnings up to a maximum of $328, though that amount may be increased if you are eligible to receive the family supplement for low-income families.EI benefits are also taxable, so federal and provincial or territorial taxes will be deducted from your benefits too, reducing the amount that ultimately ends up in your pocket.Some new parents also receive parental leave top-up payments from their employers, but they will likely not cover the entire period.Dietz-Graham said you may also want to budget for additional expenses such as making a will if you don’t have one, or a life insurance policy to take care of your child if something should happen to you.She adds that reducing RRSP contributions in a year that you are on leave may also be something to consider, as you may get bigger tax savings by making them in a year when your income is higher.Those who do opt to take the extra time could save on the spending side of the equation, Dietz-Graham noted.You won’t have the costs of going to work like your daily coffee, lunches out and transit or parking. And, by taking the extra six months it means you won’t have daycare costs for that time, which could add up to thousands of dollars.last_img read more

First Nation leader pitches sustainability to pipeline investors

first_imgHOUSTON – Kinder Morgan’s shareholders have asked the company for more disclosure on its sustainability after a presentation Wednesday by a First Nations chief from British Columbia.Neskonlith Chief Judy Wilson said she told the company’s annual general meeting in Houston that environmental, social and governance issues can pose significant risks to business and without proper disclosure, shareholders won’t know if they are vulnerable.Wilson said she also explained the legal risks if Kinder Morgan proceeds with its Trans Mountain pipeline expansion on Indigenous land without consent from First Nations.“We do not believe the risks of the project have been accurately evaluated nor fully disclosed and we wanted to point that out to the shareholders,” she told a news conference after the meeting.Wilson put forward a resolution proposing that shareholders ask Kinder Morgan to issue an annual sustainability report describing the company’s analysis of short- and long-term risks, along with plans for mitigating them.Another resolution from a U.S. asset management company proposed that Kinder Morgan create a report looking at how commitments various countries have made under the Paris climate change agreement will affect the pipeline builder’s portfolio in the long term.A Kinder Morgan spokesman said both resolutions passed, but neither is binding. Executive chairman Rich Kinder said in a statement the board will “carefully consider the proposals and the information contained in the supporting statements in determining what actions to take with respect to them.”Because the resolutions are non-binding, shareholders should follow up to show the company that they’re watching and expect their wishes to be expressed, said Lisa Lindsley with advocacy group SumOfUs.Kinder Morgan could have foreseen issues with its Trans Mountain pipeline expansion if the company had previously committed to putting out sustainability reports, she added.“Billions of dollars of shareholder value would have been saved if Kinder Morgan had done a better job of anticipating, assessing and mitigating the sustainability risks to its business,” Lindsley said.In 2016, Ottawa approved plans to triple the capacity of the existing Trans Mountain pipeline between Edmonton and Burnaby, B.C. But the $7.4-billion project has faced significant opposition and legal challenges from environmentalists, First Nations and B.C.’s NDP government.Kinder Morgan suspended all non-essential spending on the expansion earlier this year, saying ongoing opposition in B.C. and the threat of legal delays was making investors wary of proceeding with the project. The company set May 31 as the deadline for the federal and provincial governments to reach an agreement that would allow the expansion to go ahead.Wilson said the fact shareholders voted for the sustainability report proposal shows they want the company to be more socially and environmentally responsible, but that won’t stop opposition to the Trans Mountain expansion because it threatens Indigenous culture, spirituality, identity and way of life.“That means fundamentally more to us than anything that they could offer us,” she said. “This means that there will be further delay and risk and uncertainty for the overall project. And we wanted to carry that message to the shareholders today.”As the general meeting took place, protests against the expansion project continued in Burnaby, with opponents blocking access to the company’s marine terminal on land and in the water.About 200 people have been arrested since the middle of March while protesting outside Kinder Morgan’s facilities in Burnaby, the RCMP have said.The City of Burnaby said Wednesday that it has filed leave to appeal with the Supreme Court of Canada, asking the court to weigh in on a dispute over construction of the Trans Mountain expansion.The National Energy Board ruled last December that Kinder Morgan could bypass local bylaws as it builds the project and the Federal Court of Appeal dismissed the city’s application to overturn the decision.Burnaby Mayor Derek Corrigan said in a statement Wednesday that the city does not believe the energy board is the right place to review municipal processes, so it’s taking the issue to Canada’s highest court.— By Gemma Karstens-Smith in Vancouver.(Companies in this story: TSX:KML)last_img read more

Raheem Sterling hailed as one of worlds best by Kompany

first_imgLondon: Vincent Kompany has hailed Manchester City teammate Raheem Sterling as one of the best players in the world after his 13-minute hat-trick in the 3-1 win against Watford. The victory at the Etihad on Saturday took the defending champions four points clear of Liverpool at the top of the Premier League table but Jurgen Klopp’s men closed the gap to a single point on Sunday. There was an offside debate over Sterling’s first goal and his second was a tap-in but his third highlighted his skill as he weaved into the area, cut back and fired past Ben Foster. Also Read – Dhoni, Paes spotted playing football together “It’s incredible because his first year at City was tough, and then from the moment Pep (Guardiola) came in he just kicked on and went from strength to strength,” said City captain Kompany. “For me, he is one of the best wingers in the world. He’s so important for us. To have the ability to unlock defences when they defend with so many bodies is the sign of a top, top, top player.” Sterling’s strikes shifted what had been a frustrating game decisively in City’s favour. As in their two previous games, the score was 0-0 at half-time and City, despite dominating possession, needed to work hard for openings. Also Read – Andy Murray to make Grand Slam return at Australian Open “These kind of games are much trickier than what people can see from the outside,” said Kompany, who has featured in City’s past five games. “It’s mentally demanding because it puts you to sleep that you have so much possession and are bouncing against the same wall.” City boss Pep Guardiola was more measured in his praise for Sterling, 24, who has now scored 20 goals for club and country this season. “He scored three goals, we’re delighted, but he can do better,” said Guardiola. “The first half was not the best performance from him, but it’s good when not playing at the top level to be consistent and score the three goals.” Guardiola hailed midfielder Ilkay Gundogan as an “incredible player in all senses” but again expressed concern over the German’s contract situation. The 28-year-old has not been an automatic starter under Guardiola and has just one season remaining on his present deal. Guardiola said: “I would prefer him to stay but at the same time I want to feel he wants to stay too. If he doesn’t want to stay, he has to leave.”last_img read more

Rohit Yadav sets under18 national javelin throw record

first_imgSonipat: Rohit Yadav of Uttar Pradesh stole the limelight with an under-18 national record throw of 81.75m in the boys preliminary round of the second Athletics Federation of India National Javelin Throw Open Championship here Monday. The 17-year-old from Jaunpur improved on the national record of the 79.29m for boys under-18 set by Mohammed Hadeesh Apia in September 2015. Yadav had also recorded a throw of 79.83m in the SGFI National School Games in Nadiad, Gujarat, in February. Also Read – Puducherry on top after 8-wkt win over ChandigarhThe final will be held on Tuesday. Haryana women trio of Poonam Rani, Monica and Shilpa Rana swept the medals with efforts of 49.53m, 42.46m and 39.89m. Poonam Rani, the 24-year-old from Jhajjar, has a clutch of All-India Inter-University crowns and has thrown over 50m. With national javelin coach Uwe Hohn and biomechanics specialist Dr. Klaus Bartonietz keenly watching the proceedings, it seemed natural that the intensity of competition was high and that there was an eagerness to showcase raw talent. Also Read – Vijender’s next fight on Nov 22, opponent to be announced laterMeanwhile, in the second AFI National 400m Open Championships in Lucknow, it was a teenager sprinter Vikrant Panchal (Haryana) who took the spotlight with a time of 48.06 seconds in the boys under-20 preliminary semifinals. It was the second time in the day that he breached the 49-second mark, having clocked 48.40 seconds in the preliminary heats. Haryana’s Pankaj Malik, 21, clocked the fastest time in the men’s semifinals. His time of 48.54 seconds was better than the 48.97 clocked by M Ramachandran (Tamil Nadu), in the other semifinals heats. Gujarat’s Vishal Chaturbhai had set the pace in the preliminaries with a time of 48.66 seconds.last_img read more