News: Money

Australia's jobs data beats again

Thursday  10:07,   18 january 2018
Business Insider Australia

Australia's December jobs report has beaten expectations yet again. According to the Australian Bureau of Statistics (ABS), employment rose by 34,700 in seasonally adjusted terms, topping forecasts for an increase of 15,000. Employment has now[...]

Cult American burger chain In-N-Out of Perth in a flash

Thursday  10:07,   18 january 2018
WAtoday

Popular American hamburger chain In-N-Out is popping up for a limited time at Northbridge live music venue The Bird right now, for a limited time only.And just like that they were in and[...]

Australian dollar hits US80c, Dow Jones breaks above 26,000 record

Thursday  10:06,   18 january 2018
ABC News

Amid a record-breaking session on Wall Street, the Australian dollar has hit a four-month high ahead of today's unemployment figures.The Australian dollar hit a four-month high of 80.22 US cents at 6.30am[...]

Australian house prices might not be falling after all

Thursday  10:01,   18 january 2018
Business Insider Australia

Australian home prices have been falling in recent months, according to CoreLogic, led by its largest and most expensive market, Sydney. Australian home prices have been falling in recent months, according to CoreLogic, led by its largest[...]

Apple to build 2nd campus, hire 20,000 in $350B pledge

Thursday  10:01,   18 january 2018
Associated Press

Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. that will be partially financed by an upcoming windfall from the country's new tax[...]

Apple to pay $53 billion in tax on foreign cash earnings

Thursday  10:01,   18 january 2018
MSN

Apple is planning to pay $US38 billion ($A53 billion) in tax payments on its overseas cash.Apple said it plans a wave of investing and hiring in the United States and will create 20,000 jobs through hiring at its existing campus and the new one. It[...]

Renewable energy investment hits new high, but 'likely to fall off a cliff' under NEG

Thursday  10:00,   18 january 2018
MSN

Investment in renewable energy in Australia rose to a new high in 2017 but there <g class="gr_ gr_8 gr-alert gr_gramm gr_inline_cards gr_run_anim Grammar multiReplace" data-gr-id="8" id="8">are</g> concerns[...]

Nine in ten Australian properties are 'flipped' for a profit

Thursday  10:00,   18 january 2018
MSN

In the last 20 years the majority of properties bought for the purpose of "flipping" were sold for a profit.Data from property analysts CoreLogic has shown in the 20 years from June 1997 to June 2017, nine out of ten properties bought for[...]

Hairdresser sends $5k invoice to Telstra after NBN rollout kills phone

Thursday  10:00,   18 january 2018
MSN

Nikki Smith's phone was disconnected on December 28 and said for eight days customers thought she was out of business.It was disconnected on December 28 and for the first eight days, when customers called Nikki Smith’s Ferntree Gully Haircare,[...]

Why Woolies boss is looking at start-ups to never run low on bread again

Thursday  01:27,   18 january 2018
MSN

Australian shoppers aren't yet ready to embrace some of the futuristic innovations some retailers are trialing, says Woolworths chief executive Brad Banducci. "Technology has become crucial to the future of retail - this is the key for us," Mr[...]

NBN admits three in four FTTN customers won't get top speeds

Thursday  01:26,   18 january 2018
Brisbane Times

NBN has admitted only one in four customers connecting through the most controversial technology in the mix will access its much-touted top speeds. The disclosure, to a parliamentary committee, comes as pressure is mounting for the government to[...]

Cryptocurrency crash as bitcoin and other prices tumble

Thursday  01:25,   18 january 2018
ABC News

<p>Cryptocurrencies are expected to go down the hill soon.</p>Cryptocurrencies have been heavily sold off, amid fresh fears of a major regulatory crackdown in South[...]

'Lowest in 15 years': Private health insurance costs to jump $200

Thursday  01:25,   18 january 2018
MSN

The cost of private health insurance is set to rise once again, with the average family to be out an extra $200 a year from April. The increase is the smallest rise in almost two decades, but remains well above the rate of inflation, meaning most[...]

Consumer confidence jump unlikely to spark spending spree: Westpac

Thursday  01:25,   18 january 2018
ABC News

Consumers are feeling more confident this January, but it is not expected to translate into a spending spree. The Westpac-Melbourne Institute consumer sentiment index rose 1.8 per cent to a four-year high of 105.1 in January.A reading above 100[...]

Online gambling companies brace for new tax in Victoria

Thursday  01:24,   18 january 2018
ABC News

The Victorian Government is deciding how high to set a new tax on online gambling. Anti-gambling activists want the Government to go hard, but the industry says that would cost jobs.That's the question being asked of the Andrews Government, which[...]