Australian Crypto And Blockchain Startups Struggle With 14% Drop: Report
Despite these regulatory hurdles, Australia's crypto ownership is higher than the global average, with 17% of Australians owning cryptocurrency.
Christmas Delivery Delays: Here Are The Worst-Affected Suburbs In Australia
According to e-commerce delivery platform Shippit, Truganina in Victoria is the worst affected suburb, with 58.8% of people reporting late deliveries. Kwinana Town Centre in Western Australia follows closely behind at 33.9%, while Broadway in New South Wales ranks third at 31%.
McDonald's Australia Launches Limited-Edition 'Squid Game' Meal And Challenge
Customers taking part in the challenge will also receive a Dalgona Candy, a treat that is featured in the show.
Federal Government Boosts Welfare Payments: Who Will It Help?
In the statement, the minister for Social Services, Amanda Rishworth, said, "We want to reduce disadvantage and maintain Australia's strong and sustainable social safety net by providing relief to those most in need. Through indexation, payments are adjusted in line with cost of living changes to ensure people have more money in their pockets."
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Adrian Portelli Charged With Operating Unlawful Lotteries A Day After Charity Stunt
The 35-year-old entrepreneur has been hit with nine charges for operating an unlawful lottery. His company, Xclusive Tech Pty Ltd, which operates under the brand LMCT+, faces an additional ten similar charges.
Gen Z Job Hunting Surges: 41.5% Of Young Australians Seek Better Opportunities
According to a recent Gartner research, nearly half (49.2%) of Gen Z workers in Australia expressed general confidence in the nation's present business climate, indicating a high level of optimism about job availability.
Coles Bovaer Controversy: Boycott Calls Mount Over Use Of Ingredient In Cattle Feed
Craig Kelly, a former Australian politician, has been vocal about his dissatisfaction and has taken to his social media handle to express the same. Kelly declared he would refrain from purchasing Coles' meat products, as they reportedly used Bovaer.
How Much Should Australians Save For Retirement? ASFA Reports 0.5% Drop In Retirement Costs For Q3
While retirees are seeing some financial relief, the ASFA Retirement Standard emphasizes the need for better access to quality financial counsel to help Australians manage rising retirement costs and plan for the future.
Australia's Trusted Brands: Bunnings Leads While Woolworths And Coles Lag
The survey, which polled 25,000 Australians and scrutinized 1,000 brands across 27 industries, revealed a clear trend in consumer sentiment.
Stocks Jump On China Hope, Euro Rebounds
Stock markets and oil prices jumped Tuesday, supported by hopes China will unveil fresh measures to boost the world's number two economy.
Defying Headwinds, Germany Stocks Hit Milestone
Germany's blue-chip DAX stock index jumped above 20,000 points for the first time Tuesday following gains on US and Asian markets, defying multiple headwinds battering Europe's biggest economy.
How Much Do Australians Need To Retire Comfortably? Rising Costs Redefine Savings Goals
Variables like shifting interest rates, erratic real estate values, and international conflicts can all drive down ROI. Therefore, Australians must review their superannuation plans to make sure they're on track to meet their retirement goals.
Melbourne Suburb Housing Outrage: Is Rapid Development Leading To Cost-Of-Living Crisis?
Located just under an hour's drive north of Melbourne's CBD, Mickleham has seen rapid population growth as young families, priced out of inner-city housing, move to more affordable areas. However, the development has raised concerns among locals and experts alike.
Commonwealth Bank Faces Backlash Over AU$3 Withdrawal Fee: How Does It Compare To Rivals?
Commonwealth Bank decided to impose a AU$3 fee for in-person cash withdrawals following the disclosure of the company's astounding AU$410 million in cash services expenditures for the fiscal year ending June 2024.
Paris Stocks, Euro Fall On France Budget Standoff
Paris stocks and the euro fell Monday as a budget standoff in France fuelled concern about the eurozone's second-biggest economy.
Woolworths Strike Continues: How Stocked Are The Shelves?
Since Nov. 21, Woolworths was facing an indefinite strike from over 1,500 workers, who have been demanding higher wages and improved safety measures.
Australia Day Controversy: Pub Chain Reverses Ban After Boycott Threats
Initially, Australian Venue Co had informed its managers not to permit flagwavers to celebrate Australia Day in its establishments on Jan. 26.
Centrelink Payments: What You Need To Know About The Holiday Schedule
Due to the sweeping closure of service centers and call centers from Dec. 25 to 27, and Jan. 1, 2025, individuals will be required to report their income early and on a new reporting date to receive payment on time.
Yen Rallies, Euro Up On Rising Inflation Data
The yen rallied against the dollar and the euro also advanced versus the US unit Friday as traders reacted to news of higher inflation in Japan and the eurozone.
22% Of Private Renters Live Below Poverty Line In Australia Amid Growing Affordability Crisis
The report identified eight groups as being particularly at high risk of multiple deprivation -- JobSeeker Payment, Parenting Payment, Disability Support Pension, or Youth Allowance, single-parent families, First Nations people, and those renting social or private housing.
1 In 8 Australians Are Millionaires, Thanks To Surging Real Estate Values
This demonstrates the substantial influence that Australia's real estate market has on the people's wealth, with the average household having a net worth of AU$1.58 million.
Black Friday And Cyber Monday Sales: What Shoppers Should Know About Australia's Refund And Return Policies
Under Australia's consumer law, buyers are only entitled to a return or refund if the product is faulty or doesn't match the description, not if they simply change their minds.
Eurozone Stocks Lift As French Political Stand-off Eases
Eurozone stock markets rebounded Thursday as France's political stand-off showed signs of easing, while Chinese equities fell despite reports the United States may be less stringent than feared with its curb on tech equipment to China.
Black Friday Deals: How To Spot Scams And Shop Safely Online
National Australia Bank (NAB) revealed that debit and credit card scams were at their highest levels in November.
Adani Group Says It Lost Nearly $55 Bn As US Charges Sparked Rout
India's Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors last week accused its founder and other officials of fraud.
Beston Global Food Company's Closure Marks A Blow To South Australia's Dairy Industry
The company collapse would mean dozens of farmers being left without buyers for their milk and owning millions of dollars for previous supplies.
Australia's CPI Rises 2.1% In October, Below Market Projections
The monthly consumer price index (CPI) increased 2.1% in the 12 months to October 2024. A more steady inflation environment was shown by the fact that this increase fell short of the 2.3% market projection.
Google Unveils Australia Connect Initiative To Boost Indo-Pacific Digital Infrastructure
Under the Australia Connect initiative, the Bosun subsea cable will link Darwin, Australia, to Christmas Island, which will then connect to Singapore. Additionally, a new interlink cable will connect Melbourne, Perth, and Christmas Island, with Melbourne linking to the Honomoana cable system.
Peabody Energy To Acquire Anglo American's Australian Coal Mines In $3.78 Billion Deal
Anglo American pivoted to restructuring, primarily to refocus on copper -- an essential resource amid rising global demand for sustainable energy solutions -- following its successful defense against a $49 billion takeover bid from BHP.
Next Level Elevators Brings Exclusive Italian Elevator Brand To Australian Homes
Next Level Elevators transforms Australian homes with premium Italian-engineered elevator solutions, offering families unparalleled flexibility and elegance. Its best-selling elevator, the Eltec HLB, embodies customisable luxury, allowing homeowners to tailor every aspect, from cabin size to finishes.
US Consumers To Bargain Hunt In Annual 'Black Friday' Spree
US shoppers are coming out in force this holiday season, but the festiveness is being tempered by inflationary pressures that have abated but not completely faded.
Australia Banking Regulator Maintains 3% Serviceability Buffer For Home Loans Amid Economic Uncertainty
The Australian Prudential Regulation Authority said in a statement it was confident the 3% buffer will help households stay afloat and repay their loans under various scenarios.
Stock Markets Diverge, Dollar Gains Amid Escalating Geopolitical Tensions
Global stocks diverged and the dollar gained Friday following a bounce on Wall Street as traders weighed weak European economic data and concerns over escalating tensions in the Russia-Ukraine war.
Healthscope To Split From Bupa, AHSA Over Funding Dispute, Impacting 6.6 Million Australians
Healthscope had proposed a AU$100 fee for Bupa and AHSA members using the former's care facilities to deal with what they called the "chronic underfunding" from insurers, amid rising cost of providing care.
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