NAB fee reclaim deadline looms

NAB customers hoping to recoup "unfairly charged exception fees" have 24 hours to register their claim, the company managing a class action urges.
Wednesday's inflation reading is expected to be 1.8 per cent, the first time it has been below the RBA's target range in almost three years.
The Australian dollar has fallen below 80 US cents for the first time in five and a half years, and analysts say it could reach 75 cents within months.
A group of 115 Australian entrepreneurs are heading to Antarctica on Australia Day in the hope of sealing $1bn in business deals.

Kathmandu appoints new CEO

Xavier Simonet will return to Australia from London to fill the CEO positon at Kathmandu vacated by Peter Halkett.
ResMed continues to invest for longer-term growth in the Asia-Pacific region.
Former Coles boss Ian McLeod will leave parent company Wesfarmers to become chief executive of US supermarket group Bi-Lo.
The Reject Shop expects to suffer a 25 per cent half year profit slide as sales prove weaker than a year ago.
Energy company Santos has left the door open for writedowns amid weak oil prices, despite lifting oil and gas production and sales revenue.
Arrium will shut a South Australian iron ore project due to falling prices, resulting in hundreds of job losses.

European stocks open higher

European stocks have opened higher on news of the ECB's plan to spend 60 billion euros a month on quantitative easing.

ECB unveils QE boost for eurozone

The European Central Bank will launch a program to buy 60 billion euros of private and public bonds starting in March.

Macmahon CEO quits

Macmahon Holdings CEO Ross Carroll has quit in the latest round of turmoil in the mining services sector.
A leading economist says the federal government's 'budget emergency' rhetoric has damaged confidence, and spending should rise.
ANZ expects the Australian dollar to fall below 80 US cents for the first time in six years in the wake of next week's inflation figures.
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