News: Money

Shipbuilder ASC to shed up to 223 jobs despite Government declarations against 'valley of death'

Monday  17:08,   23 april 2018
ABC News

Shipbuilder ASC is poised to shed up to 223 jobs from its Adelaide shipyard by June, despite declarations from the Federal Government that the so-called naval shipbuilding "valley of death" is over.The taxpayer-owned company today advised[...]

Facebook Smart Speaker Launching In October

Monday  15:26,   23 april 2018
International Business Times

Facebook’s smart speaker is finally seeing the light of the day in the fourth quarter of this year.Digitimes learned from supply chain sources Monday that Facebook is planning to start mass producing its artificial intelligence-powered speaker in[...]

Australian home prices are lower than a year ago

Monday  14:06,   23 april 2018
Business Insider Australia

Australian home prices are now lower than a year ago, in average weighted terms. According to CoreLogic, prices across Australia's five mainland state capitals fell by 0.1% over the past year in average weighted terms, a result largely[...]

Myer picks former House of Fraser boss as new CEO

Monday  14:06,   23 april 2018
MSN

Myer has tapped John King to try to steer the department stores through one of the most turbulent periods in its 118-year history.Myer executive chairman Garry Hounsell said Mr King would deliver a "new perspective" to Myer and would do so with a[...]

ANZ board committee was warned about 'high-risk' advisers

Monday  12:25,   23 april 2018
Brisbane Times

An ANZ Bank board committee was warned one in 20 pieces of financial advice provided by its planners may not have been not in the interests of customers. “Across those three companies, 5 per cent or 1 in every 20 pieces of advice given to customers[...]

Aussie dollar falls as markets set for weak start

Monday  12:21,   23 april 2018
MSN

Australian shares are set for a weak start to the day following on from falls in overseas stocks and most base metals at the end of last week.The Australian share market is expected to open lower, after metals prices, and US and European stocks[...]

Lacoste replaces iconic crocodile logo to raise awareness for its endangered buddies

Monday  12:20,   23 april 2018
Techly

French fashion label Lacoste hasn’t traditionally been known for ethical practices, but it’s now using brand power to help endangered species. For the first time in the brand’s history, the iconic crocodile logo has taken a back seat for a[...]

How one of Sydney's last DVD stores has survived iTunes and Netflix

Monday  10:56,   23 april 2018
Sydney Morning Herald

There is a personal story behind Geoff Hooper keeping his VideoEzy store running after 25 years.One by one they have closed all around Sydney. With a shift towards watching movies online – in the era of iTunes and Netflix – more than 200 DVD stores[...]

A number of Gmail users got spam messages — from themselves

Monday  10:56,   23 april 2018
The Verge

Gmail is usually pretty good about filtering out unwanted spam messages, but a number of users reported earlier today that their inboxes were suddenly flooded with ads that were apparently sent from their own accounts, according to Mashable. Users[...]

PayPal Adds $5.99 Fee To International Transfers

Monday  10:07,   23 april 2018
Gizmodo Australia

It never feels good to pay money to send your money so PayPal is twisting the knife with a $5.99 fee on international transfers to a "friend and family member."It never feels good to pay money to send your money so PayPal is twisting the[...]

Bank royal commission waited on reform: PM

Monday  10:00,   23 april 2018
MSN

Malcolm Turnbull says he didn't hold a banking royal commission two years ago because he wanted to ensure reforms such as penalties were in place first.The prime minister originally strongly rejected the need for the investigation into[...]

Boring meetings? Just leave, says Elon Musk

Monday  10:00,   23 april 2018
Sky News

The idea of just getting up and leaving a boring work meeting is a dream to many of us and it seems, it is one shared by one of the world's leading tech tycoons.The idea of just getting up and leaving a boring work meeting is a dream to many of[...]

Govt should say it got banks wrong: Joyce

Monday  07:40,   23 april 2018
MSN

Barnaby Joyce thinks federal government MPs should admit they got it wrong when they argued against a royal commission into the banking sector.Mr Joyce says the revelations in the royal commission have been "beyond the pale" and he concedes a probe[...]

The more you have, the more you think you need

Monday  05:40,   23 april 2018
Sydney Morning Herald

Concerns about the rising cost of living abound, regardless of income level, despite the fact that the price of a typical basket of goods is historically low.It ranks alongside crime and healthcare as our three biggest qualms according to the latest [...]

Homeowners with Grenfell-like cladding could face price drop, Labor warns

Monday  03:06,   23 april 2018
Sydney Morning Herald

The NSW Opposition has raised concerns flammable cladding could cause a huge drop in housing prices for home owners.Opposition Better Regulation spokeswoman Yasmin Catley raised concerns homeowners could be affected by a similar house price collapse [...]