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The information in credit histories can affect a bank’s decision to loan money. Stephanie Flack/AAP

Business Briefing: what happens to your credit history

Business Briefing: what happens to your credit history.
As credit reporting agencies find new ways to make money out of people accessing their credit histories, agency wrongdoing is calling into question the whole business model.
Prime minister Malcolm Turnbull has accepted almost all the recommendations from the Murray Inquiry into the financial system. Mick Tsikas/AAP

Government to act against businesses exploiting credit card charges

The Turnbull government will ban businesses from charging consumers excessive surcharges on their credit cards, and move to inject more competition into the superannuation industry.

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