Banks also have enforced their penalty rates for late payment on housing and credit card loans with major Thai banks levying 20-21 per cent and smaller Thai banks 25-27 per cent.
42.
Large Thai corporates now have to shoulder high interest rates of between 16 per cent and 17 per cent, with the penalty rate sky-rocketing to between 27 per cent and 28 per cent.
43.
The Fairness Test is applied to Australian workplace agreements and collective agreements to ensure they provide fair compensation for the removal or modification of protected award conditions, such as penalty rates and overtime loadings.
44.
It's hardly surprising when a Citibank credit cardholder raises his eyebrows after receiving a notice from the bank that interest rate charges and penalty rates for overdue payments will jump considerably with effect from May 1.
45.
While several states have released their own estimates of the penalty rates, the Delaware study is one of the first rigorous outside evaluations, and it suggests that penalties may be even more prevalent than previously thought.
46.
While no comprehensive mechanism has been implemented, in late 1997 the International Monetary Fund instituted the supplemental reserve facility ( SRF ), designed to make large short-term loans with policy conditions at penalty rates during crises.
47.
Protected Award conditions include penalty rates and loadings ( including overtime penalties, weekend and public holiday rates, shift loadings and annual leave loading ), monetary allowances, public holidays, rest breaks and incentive based payments and bonuses.
48.
The entitlement to penalty rates was eliminated entirely in many workplaces under WorkChoices; however since the implementation of the Fair Work Act 2009 and the modern awards in 2010, most public holiday penalty rates have increased dramatically.
49.
It also shaved the Lombard rate to 13.50 percent from 15.50 percent and the overnight rate to 11.50 percent from 11.60 percent while the overdraft penalty rate was cut to 20.00 percent from 22.00 percent, effective Thursday.
50.
The entitlement to penalty rates was eliminated entirely in many workplaces under WorkChoices; however since the implementation of the Fair Work Act 2009 and the modern awards in 2010, most public holiday penalty rates have increased dramatically.
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