" Qantas (ASX:QAN) to outsource ground handling, 2500 local jobs to disappear
The number of domestic jobs at Qantas Airways (QAN) continues to disappear as the airline announces 2500 jobs are to be outsourced.
" Bain Capital goes toe-to-toe with bondholders on Virgin Australia (ASX:VAH) sale
Virgin Australia’s (VAH) proposed buyer, Bain Capital, has pushed back at two major bondholders who are trying to sink the airline’s sale.
" ASIC criminal lawsuits against AMP (ASX:AMP) in the works
The Australian Securities and Investments Commission (ASIC) has revealed that at least five lawsuits against wealth manager AMP are currently in the works.
" Reserve Bank of Australia will keep interest rates at record low 0.25pc
The Reserve Bank of Australia (RBA) says it will maintain the country’s official interest rate at the record low 0.25 per cent.