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Commonwealth Bank of Australia CEO apologies for financial planning scandal

Thursday, July 3, 2014 Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm. Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ […]

Australian government to introduce electronic Medicare rebates

Sunday, August 13, 2006 The Australian federal government has announced that it will be introducing an electronic system for Medicare rebates within the next twelve months. Under the new system, patients will be able to receive their Medicare rebates electronically without having to visit a Medicare office. During an interview in Sydney today, Prime Minister […]

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