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News: Money

Facebook can use AI to open your eyes in blinking selfies

Tuesday  15:57,   19 june 2018

Facebook will do whatever it takes to encourage you to share more content. In a research paper published this week, a pair of Facebook engineers describe a new method that uses machine learning to retouch closed eyes in photos. The method[...]

Your garbage bill could rise by $93 from July 1

Tuesday  15:06,   19 june 2018

Victorians can expect to pay more to have their rubbish collected from next month, as the majority of councils hike up rates.China has put its foot down on recyclable materials, refusing to accept low-grade, contaminated[...]

Self-serve stores are the future - but many aren't happy

Tuesday  14:55,   19 june 2018

Ken Duncan is one of Australia's leading photographers, famous for his breathtaking landscape pieces that capture our country's wild and natural beauty.Ken Duncan is one of Australia's leading photographers, famous for his breathtaking[...]

Inside Australia Post’s latest concept store – where signs are translated into Chinese and foreign buyers queue up to stockpile baby formula (but you won’t be able to send mail or buy stamps)

Tuesday  11:56,   19 june 2018

The Chinese store is tucked away from a main street in a suburb north of Sydney with a red Australia Post sign out the front paired with Chinese characters stating 'Direct to China'.Australia Post's latest concept store has shelves from the[...]

Android Messages will let you send texts from your computer starting today

Tuesday  11:06,   19 june 2018

Google is beginning to roll out desktop browser support for Android Messages, allowing people to use their PC for sending messages and viewing those that have been received on their Android smartphone. To get started, the Android Messages[...]

Businesses struggle as Riverwalk completion nears

Tuesday  05:10,   19 june 2018

The final piece of the Kingsford Smith Drive Riverwalk will soon be laid into place. Its construction has caused chaos for Brisbane drivers for more than 18 months, but in just days, two 40-metre panels will complete the new 1.2-kilometre bike way[...]

Government ‘won’t blink’ in bid to push through $144b tax cuts

Tuesday  05:06,   19 june 2018

The Turnbull government is pushing to get their $144 billion package through the senate as soon as possible.Treasurer Scott Morrison and chief negotiator Mathias Cormann want a vote by the end of the week as they struggle to get the[...]

Gina Rinehart just made a $390 million takeover bid for Atlas Iron

Tuesday  04:31,   19 june 2018

A company controlled by Gina Rinehart has made an offer to purchase 100% of the shares in Atlas Iron for $390 million. Atlas Iron went into a trading halt this morning, pending the announcement. The bid was made by[...]

Bitcoin futures could be hurting bitcoin's price

Tuesday  04:31,   19 june 2018

Fundstrat cofounder Tom Lee says bitcoin futures contracts could be linked to the cryptocurrency's "gut-wrenching" decline. Futures were launched in December and bitcoin has fallen from $US20,000 to $US6,500 since then.Bloomberg[...]

Australians to have access to another flash sale event as MyDeal launches Australia’s Night Online

Tuesday  02:56,   19 june 2018

Australians to have access to another flash sale event as MyDeal launches Australia’s Night OnlineRunning for 24 hours on June 26, the event will have a number of discounts from businesses selling on the MyDeal platform, along with other Australian[...]

ExxonMobil considers importing LNG to Australia

Monday  20:37,   18 june 2018

ExxonMobil Corp is considering importing liquefied natural gas (LNG) to help plug a looming gas shortage from 2021 and protect its market share. The move would compete with plans by both Australia's no.2 energy retailer AGL Energy (AGL.AX) to start[...]

Australia's Favourite Fast Food Restaurants, Ranked

Monday  15:56,   18 june 2018

I'm trying to decide whether or not I'm surprised by the fact that McDonald's remains Australia's favourite fast food, over the likes of KFC and Subway. I'm going to say "no" — despite moves from smaller franchises and a general[...]

South32 agrees to buy Arizona Mining in all-cash $US1.3 billion deal

Monday  15:01,   18 june 2018

BHP spin-off South 32 has entered into an agreement to buy out the remaining 83% of Arizona Mining it doesn't already own. The deal is based on an all-cash offer of $US1.3 billion ($AU1.75 billion) for the Toronto-listed[...]

Comment: Where I would invest $10,000 in the share market

Monday  14:56,   18 june 2018

<p>Although rates are rising in the United States, recent local economic data appears to rule out an increase in rates over here any time soon.</p>In light of this, I continue to believe that investors would be better off skipping savings[...]

Comment: Here's why supermarkets are getting smaller

Monday  11:55,   18 june 2018

Australian supermarket chain Coles will be spun off into a separate entity by owner Wesfarmers, the company said on Friday.If you think your local supermarket is shrinking, you might be[...]