News: Money

Queensland dairy farmers could be paid more for their product if milk factory chief gets his way

Sunday  03:22,   19 november 2017
MSN

As Queensland dairy farmers struggle to stay afloat amid unsustainably low milk prices, there are hopes a new milk factory on the Darling Downs might throw a lifeline to at least some of them. The factory will incorporate Queensland's first [...]

This guy turned a $500 loan from his dad into a $575 million business

Sunday  03:22,   19 november 2017
Business Insider Australia

Brandon Evertz started BigUnlimited when he was just 19 years old with a loan of $500 from his father. The pair listed BigUnlimited on the Australian Securities Exchange and now Evertz is taking on the United States with BigUnlimited's purchase on[...]

The best phones under $500

Sunday  03:21,   19 november 2017
Engadget

Phone makers are trying to outdo one another by racing to add new, advanced features to their flagships, but these tools are not equally useful. Although they cost hundreds less than their premium counterparts, mid-range phones often[...]

Tabcorp-Tatts merger approved by Competition Tribunal

Friday  17:31,   17 november 2017
ABC News

<p>The Australian Competition Tribunal has allowed the $11 billion merger between Tabcorp and Tatts Group to proceed — subject to only one condition.</p>That condition requires Tabcorp to sell its Odyssey Gaming business in[...]

Victoria's Secret Woes Shift to Panty Business as Holidays Near

Friday  17:30,   17 november 2017
Bloomberg

First it was bras. Now Wall Street is worried about the panties at Victoria’s Secret. The lingerie seller, which has struggled to pull out of a sales slump, just posted its second straight quarter of declines in its panties business, Jefferies LLC[...]

AUSTRALIAN STOCKS END THE WEEK DOWN: Here's what you need to know

Friday  17:30,   17 november 2017
Business Insider Australia

Australian stocks closed the session higher but ended the week lower. Today’s scoreboard. ASX200. 5,957.30 +13.79 +0.23% All Ordinaries. 6,038.30 +14.76 +0.25%Australian stocks closed the session higher but ended the week[...]

Women paid $26,527 less than men per year — but gender pay gap narrowing

Friday  17:27,   17 november 2017
ABC News

The pay gap between men and women narrows — but the blokes' club still rules when it comes to striking juicier salary deals, according to the latest gender equality scorecard out.While the overall gender pay gap is trending down, men still earn[...]

Bunnings says its losses in the UK are about to get even worse

Friday  17:27,   17 november 2017
MSN

Bunnings' jaunt into the United Kingdom and Ireland is about to get tougher, with parent company Wesfarmers saying that the heavy losses the hardware chain is running up will get worse before they get better. Wesfarmers bought the British chain [...]

You're not rich until you have $100 million, says rich people

Friday  17:27,   17 november 2017
Business Insider Australia

Most people have a "happiness number" -- the amount of money they need to afford the lifestyle they want and not worry about money.&nbsp;Even rich people think wealth is[...]

Comment: Fox, News shareholders revolt but Rupert Murdoch gives them short shrift

Friday  17:27,   17 november 2017
Sydney Morning Herald

When you've got something unpleasant to do, sometimes it is best to just get it over and done with. That is obviously the strategy Rupert Murdoch took on Wednesday in Los Angeles, where he went back-to-back shareholder wallopings at the 21st[...]

For sale: $25 billion oil shares dumped by world's biggest fund seek new owner

Friday  17:26,   17 november 2017
WAtoday

Big Oil is under pressure, unloved and on sale. So getting dumped by the world's biggest investment fund wouldn't be welcome news.Energy giants from Exxon Mobil to Royal Dutch Shell are struggling back to their feet after a three-year oil[...]

Don’t panic! Why it pays to wait when Christmas shopping

Friday  17:26,   17 november 2017
MSN

Smart Christmas shopping comes down to “playing the game” - and it can sometimes pay off to wait. Shoppers are forecast to spend a hefty $48 billion this festive season, according to the latest figures from the National Retail Association.The[...]

How Zimbabwe has collapsed under Robert Mugabe

Friday  17:24,   17 november 2017
Sky News

It's difficult to get a precise handle on the size of Zimbabwe's economy, for two reasons.The first is the paucity of information available in a dictatorship and the likelihood that what information is made available by the authorities may[...]

How to pick the right home broadband plan for your family

Friday  17:24,   17 november 2017
MSN

Telstra's shock move has seen it join the ranks of its rivals in offering unlimited broadband deals.The rise of streaming services like Stan and Netflix has seen traffic over Telstra's fixed network skyrocket by 40 percent in the past year[...]

SA budget to keep tax cuts

Friday  17:23,   17 november 2017
MSN

The South Australian government has reframed its budget after scrapping the controversial bank tax. Treasurer Tom Konstantinos says the government will also seek to raise more money from property investors by increasing a proposed levy on foreign[...]