News: Money

Bitcoin 'bubble' prices 'have a lot further to fall', Capital Economics analysts warn

Friday  01:22,   19 january 2018
ABC News

Bitcoin will not replace national currencies and cryptocurrency prices are in one of the biggest bubbles in history, warn analysts from Capital Economics. In a 13-page research note, London-based economists Vicky Redwood and Kerrie Walsh outline in[...]

Aussies raiding retirement fund for gastric surgery

Friday  01:22,   19 january 2018
MSN

Weight loss surgery has Australians dipping into their super at increasing rates, with one clinic seeing a five-fold increase since 2010. Joanna Metzikis is one who has done it and she said she couldn't put a price on how it had improved her life.Ms [...]

Parents footing the bill for young Aussies' property hunt

Friday  01:22,   19 january 2018
MSN

The "bank of mum and dad" is now the fifth biggest lender in Australia. And there have been a bunch of new loans enter the market, including the parent assist loan which can help customers avoid paying lenders mortgage insurance. News[...]

French cryptocurrency storage startup Ledger raises $75 million

Friday  01:21,   19 january 2018
Business Insider Australia

Ledger raises $US75 million from Draper Espirit, FirstMark Capital, Cathay Innovations, and Korelya Capital. The Paris-based company makes hardware for your to store cryptocurrencies offline with. LONDON - Venture capital fund Draper Espirit has led [...]

ANZ, regulator settle on suspected frauds affecting Esanda customers

Friday  01:21,   19 january 2018
Reuters

Australia and New Zealand Banking Group (ANZ.AX) said on Thursday it has reached a settlement with Australia's corporate regulator over suspected third party fraud and has agreed to pay a A$5 million ($4 million) fine. The matter related to a[...]

Unemployment rate rises to 5.5%

Friday  01:21,   19 january 2018
MSN

The unemployment rate rose to 5.5 per cent in December, but the economy added a higher-than-expected 34,700 jobs, the latest official figures show. Australia's unemployment rate has risen to 5.5 per cent, but the economy added more jobs than[...]

9 best cheap smartphones 2018: affordable phones to suit any budget

Thursday  20:01,   18 january 2018
T3

Cheap phones which don't break the bank - get the latest handset features on a budgetWe think the OnePlus 5T is the best budget smartphone you can buy. It carries all of the Apple prestige and premium build quality, without the massive price[...]

Microsoft tops Reuters' list of global tech leaders

Thursday  14:52,   18 january 2018
Reuters

<p>Reuters on Wednesday published its debut Top 100 Global Technology Leaders list, with Microsoft in the no. 1 spot, followed by chipmaker Intel and network gear maker Cisco System.</p>The list, which aims to identify the industry's top[...]

Australia's household debt is now one of the highest in the world

Thursday  14:52,   18 january 2018
Business Insider Australia

Australian households are under greater financial pressure than previous official estimates indicated. The addition of debt held by self-managed super funds in Australia to calculations has pushed the household debt to disposable income ratio to[...]

Is Commonwealth Bank of Australia at risk of a sell-off at February’s profit result?

Thursday  14:51,   18 january 2018
The Motley Fool

Shares in Commonwealth Bank of Australia (ASX: CBA) have been on the comeback but the stock maybe at risk of a sell-off when it releases its half year results. Here's whyThe improving sentiment is driven in part by upbeat trading updates that[...]

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.&nbsp;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[...]