News: Money

Google simplifies sharing notes, calendars and photos with family

Wednesday  16:23,   24 may 2017

Google knows that a large part of its customer base probably have families. That's why it introduced a family plan option to Google Music a couple of years ago, as well as Family Library sharing for the Play Store last year. When YouTube TV[...]

Marks & Spencer profits nosedive 63% as it spends hundreds of millions on turnaround plan

Wednesday  14:26,   24 may 2017
Business Insider Australia

LONDON -- Marks & Spencer's bottom line pre-tax profit tanked by 63.5% last year, as the struggling department store spent hundreds of millions on a turnaround plan and clothing sales continued to decline. Marks & Spencer's bottom [...]

Australian coal exports are bouncing back following disruptions caused by Cyclone Debbie

Wednesday  12:51,   24 may 2017
Business Insider Australia

Australian coal exports are bouncing back, recovering from damage caused by Cyclone Debbie, which disrupted key supply routes in Queensland in late March and throughout most of April. This chart puts the recent weather-related slump, and subsequent[...]

“Peak hipster”: Melbourne cafe receives global attention for creating the “avolatte”

Wednesday  11:25,   24 may 2017
Smart Company

A Melbourne café has received global attention after a video of a latte being poured into the hollowed-out shell of an avocado went viral. Truman Café in Albert Park created what has since been dubbed the “avolatte” as a joke, with[...]

Bitcoin soars: $100 in 2010 now worth $75 million

Wednesday  10:11,   24 may 2017

The crypto-currency has rallied heavily after recent world events.The reason why is simple: bitcoin, since it's emergence in mid-2009, has reached an all-time trading high of $3080 Australian[...]

BHP applies to dig new nickel mines in Western Australia

Wednesday  10:10,   24 may 2017

BHP Billiton (BHP.AX) (BLT.L) is seeking environmental approval to dig two new mines to extend the life of its Nickel West unit in the state of Western Australia, which is facing a shortfall in ore supply. BHP Billiton (BHP.AX)[...]

Iron ore is weaker after a late plunge in Chinese futures

Wednesday  09:56,   24 may 2017
Business Insider Australia

Iron ore spot markets weakened on Tuesday, mirroring a late slump in Chinese futures. And while declines were across the board, they were particularly severe for lower grade ores. According to Metal Bulletin, the spot price for benchmark 62% fines[...]

Labor goes after dodgy company directors

Wednesday  09:25,   24 may 2017

Federal Labor is planning to announce new measures aimed at cracking down on dodgy company directors involved in what is known as phoenixing.The ruse involves company directors stripping assets from a business just before it goes broke, not paying[...]

Peru-Aust free trade deal on the cards

Wednesday  08:56,   24 may 2017

Australian beef, sugar and services are expected to be among the winners if a free trade deal is finalised with Peru.Trade Minister Steve Ciobo will launch trade negotiations with Peruvian counterpart Eduardo Ferreyros in Canberra on[...]

Super incentives to downsize home could leave less wealthy retirees worse off: Accountant

Wednesday  08:25,   24 may 2017

Many lower-wealth retirees would be left worse off if they take up the Government's proposed new scheme to help them downsize their home. The 2017-18 federal budget, released a fortnight ago, contained several housing affordability[...]

CHART: The Aussie dollar just broke through US75 cents

Wednesday  07:30,   24 may 2017
Business Insider Australia

The Australian dollar has continued its momentum in Asian trade, breaking through US75 cents a short time ago. In a relatively quiet day on markets, the Aussie is finding more buyers after gaining 0.35% against the greenback overnight.In a[...]

WA optimistic despite its debt burden

Wednesday  07:25,   24 may 2017

While their property prices are falling and their home loan debt is high, West Australians are more optimistic about the economy than other Aussies.Perth home values have fallen 4.5 per cent in 12 months, while values in the major capitals rose by[...]

Here's proof Apple is working on a technology that will increase the iPhone's internet speeds

Wednesday  07:05,   24 may 2017
Tech Insider

Apple has filed an application to test next-generation wireless technologies, often called "5G," that could potentially radically increase the speed and bandwidth of a cellular connection. An application for an experimental license to use[...]

Samsung Galaxy S8 Iris Scanner Can Be Hacked

Wednesday  06:51,   24 may 2017
International Business Times

A group of German hackers was able to bypass the iris scanner on the Samsung Galaxy S8, marking new concerns for biometric security measures.A group of hackers was able to defeat the iris scanner in the Samsung Galaxy S8 smartphone using relatively [...]

Sterling retreats after Manchester blast, euro steady, stocks advance

Wednesday  04:25,   24 may 2017

By Nichola[...]