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Government reforms to financial advice laws could cost consumers almost nine times the current estimate, according to the Financial Services Council.
Negotiators reach an outline deal on a European pact to restore balanced budgets, as Italy and Spain sail through their first bond auctions of the year.
Greece's public deficit for 2011, a key indicator of the country's economic recovery closely monitored by its creditors, reached 9.6 per cent of output.
No European nation is strong enough to ride out the debt crisis alone, Italy's premier insists, urging fellow EU members to develop a common growth policy.
An appeal has been lodged in a class action against ANZ over allegedly unlawful fees.
Communications watchdog puts Vodafone on notice over the telco's leaking of personal customer details earlier this year.
