News: Money

Kmart chief says the retailer is “failing” customers and will only reach sales targets if the team remains “dissatisfied”

Monday  19:28,   19 february 2018
Smart Company

Kmart is posting big wins even in a challenging retail environment, but its managing director says the retailer will only grow sales if the company remains "dissatisfied".And it’s an approach that one leadership expert says SMEs can learn[...]

Here is the perfect way to end an email -- and 28 sign-offs you should usually avoid

Monday  19:27,   19 february 2018
Business Insider Australia

Writing an email isn't so hard, but figuring out how to sign off can be a real challenge. Is "cheers" too casual? Too pretentious? Too British? Is "sincerely" timeless and professional, or stodgy and overly formal? Perhaps,[...]

More pain for Jamie Oliver’s restaurants with reports Barbecoa steak business for sale

Monday  19:27,   19 february 2018
Smart Company

Celebrity chef Jamie Oliver is reportedly considering selling the steak restaurant business he started in 2011, as part of an ongoing restructuring process that also involves the well-known Jamie’s Italian chain of restaurants.Last week, British[...]

A new form of light could power next-gen quantum computers

Monday  19:27,   19 february 2018
Engadget

Photons are among the most ubiquitous, but loneliest particles in the quantum world -- they're always around us, but never interact with each other. When you throw certain elements together like hydrogen or oxygen, they can bond in[...]

Snap CEO Evan Spiegel sold $50 million in Snap stock -- his first sale since the IPO

Monday  09:42,   19 february 2018
Business Insider Australia

Snap CEO Evan Spiegel sold $US50 million in Snap stock. It's his first stock sale since Snap's IPO. Snap CEO Evan Spiegel sold 2,675,600 shares of Snap last week at a price of $US18.71 per share, a transaction netting him just over $US50[...]

San Diego selling $1 lots: Is this the future of 'affordable housing' for the middle class?

Monday  09:42,   19 february 2018
MSN

What does it take for a middle-class family to be able to buy a house in San Diego, with the county median home price at $540,000 and the median individual salary at just $55,500? In the case of the San Diego Community Land Trust, it means[...]

The former McDonald's burger flipper behind a new cryptocoin

Monday  09:42,   19 february 2018
MSN

Every good journalistic investigation starts with the smell that something's not quite right.So it was in the case of Auscoin, touted as Australia’s own crypto-currency – a homegrown Bitcoin that would make its investors rich beyond their[...]

4 behaviours that will make your coworkers hate you

Monday  09:42,   19 february 2018
Business Insider Australia

When I recently started my workplace advice column, Ask the Insider, I expected questions about career advancement and navigating office politics. Instead, hundreds of people starting venting to me about their coworkers' annoying habits.Instead, [...]

Brisbane fuel prices expected to rise almost 20¢ above average in 'matter of days'

Monday  09:41,   19 february 2018
Brisbane Times

Average fuel prices in Brisbane are expected to hit a three-year high in the coming days, with the RACQ warning drivers to fill up as soon as possible. The average price of petrol across Brisbane service stations is on-track to rise to almost 150¢[...]

The Australian dollar rebound just hit turbulence

Monday  09:41,   19 february 2018
Business Insider Australia

The Australian dollar has opened the new trading week just above the 79 cent level, pulling back from highs struck midway through Friday's trading session.Here's the scoreboard as at 7.50am[...]

Should you invest in a cryptocurrency?

Monday  09:37,   19 february 2018
MSN

Should they invest their own hard-earned money, and which cryptocurrency will get them a Lamborghini/yacht/island quickest? The simple answer to both those questions is not only am I not an expert in the field just yet, but more so that no one in[...]

Ethereum founder warns cryptocurrencies 'could drop to near zero at any time'

Monday  09:36,   19 february 2018
Business Insider Australia

The 24-year-old founder of Ethereum has warned that cryptocurrencies could drop at any time. He added that nobody should invest more than they can afford to lose.The founder of Ethereum, the second most valuable cryptocurrency in the world, has[...]

Comment: When the next financial crisis hits, there will be little the RBA can do about it

Monday  09:35,   19 february 2018
MSN

It is concerning that the commentary in response to the recent gyrations on the markets was so self-serving. The complacency is staggering. It is even more disturbing that, as the regular Wall Street Journal survey revealed, the consensus among US[...]

Airbnb is not driving up prices in Tasmania the way many people think

Monday  09:35,   19 february 2018
Business Insider Australia

Housing affordability is a central issue in the Tasmanian election, but regulating Airbnb is not the answer. Our ongoing research shows that Airbnb is beneficial for the economy, especially in remote areas. In addition to creating accommodation for [...]

Danger zones: The 10 Australian suburbs most at risk of falling apartment prices

Monday  09:35,   19 february 2018
Business Insider Australia

Research by property analysts RiskWise Property Review has highlighted specific Australian suburbs where housing investors should be particularly wary about off-the-plan apartment developments.RiskWise focused on suburbs with a combination of low[...]