News: Money

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[...]

Wikipedia ends no-cost mobile access for developing countries

Monday  09:35,   19 february 2018
Engadget

Low awareness and falling data prices led to the shutdown.The outlet cited a few reasons for the shutdown, and not all of them were bad. Low awareness may have been one problem -- people in developing nations aren't as aware of Wikipedia as North[...]

7 reasons I'd want this 'Game of Thrones' character to be my real-life boss

Sunday  16:57,   18 february 2018
Business Insider Australia

Who would you want to work for if you were somehow magically transported into TV's 'Game of Thrones'?Now let's talk about who you'd actually want to work for if you were somehow magically transported into the[...]

Ellen DeGeneres explains bitcoin: 'You’ll either be a millionaire or you’ll be totally broke'

Sunday  16:56,   18 february 2018
CNBC

Bitcoin is "like a plot twist in a confusing movie," the comedian said.The comedian took it upon herself to explain to her audience what the cryptocurrency actually[...]

Medibank Private interim profit up 6 per cent to $246 million, hands back $20 million to long-term customers

Sunday  12:21,   18 february 2018
MSN

Australia's largest health private health insurer Medibank Private has lifted its half-year profit by 6 per cent to $245.6 million, an effort supported by higher premiums and cost cutting. Despite raising its premiums by an average 4.6 per cent[...]

'Alarm bells': First home buyers have just been warned against rushing back into the market

Sunday  12:18,   18 february 2018
Business Insider Australia

Some analysts believe a combination of factors in the market should raise alarm bells for potential first home buyers.First home buyers are flocking back to the market, especially in New South Wales and Victoria, encouraged by stamp duty discounts[...]

First Australia, then the world: Ten owner CBS' global ambitions

Sunday  12:18,   18 february 2018
The Age

A record year of digital subscriptions growth has fired up the US media giant's plans for global growth.The US media conglomerate, which owns Australia's Network Ten, expects its best-ever financial performance in 2018 thanks to its digital[...]

Gorgeous, sprawling country estates for sale in Australia right now for every budget

Sunday  12:15,   18 february 2018
Business Insider Australia

Sydney house prices can plummet for the next five years, but it won't change the fact you'll still spend three weeks a year stuck in traffic. And won't arrive for your mini-break out of town somewhere until 11pm on Friday night. At[...]

Coca-Cola says millennials are decimating sales of Diet Coke -- and now it's going to war

Sunday  12:15,   18 february 2018
Business Insider Australia

Coca-Cola is trying to convince millennials to drink more Diet Coke.On Friday, Coca-Cola reported that the company has been encouraged by responses to its Diet Coke revamp - though CEO James Quincey said that the company isn't "completely satisfied" [...]