News: Money

North Korean Hacking Group Grows Into Global Threat

Wednesday  14:01,   21 february 2018
Bloomberg

North Korean cyber-spy group “Reaper” is emerging as a global threat, conducting espionage well beyond the Korean peninsula in support of Pyongyang’s military and economic interests, FireEye Inc. said. The group, known also as APT37, in 2017 began[...]

Australia's ANZ reports fall in first quarter impaired assets

Wednesday  06:00,   21 february 2018
Reuters

Australia and New Zealand Banking Group Ltd (ANZ) (ANZ.AX) said on Tuesday its impaired assets fell 9.3 percent in the first quarter, helped by a reduction in impaired assets in its New Zealand division. Gross impaired assets over the three months[...]

Seven West Media flags $125 million of cost cuts, suspends dividend

Wednesday  05:58,   21 february 2018
WAtoday

In its first half yearly results after a disappointing 2017, Seven West Media has increased its cost cutting plans up to $125 million.Seven West Media has increased its cost cutting plans to $125 million over the next two years, in its first half[...]

AUSTRALIAN STOCKS SNOOZE: Here's what you need to know

Wednesday  05:58,   21 february 2018
Business Insider Australia

Australian stocks closed marginally lower. Today’s scoreboard. ASX200. 5,940.90 -0.70 -0.01% All Ordinaries. 6,045.60 +1.60 +0.03% AUD/USD. 0.7926 +0.0013[...]

John McGrath has unveiled his new board of directors

Wednesday  05:58,   21 february 2018
Business Insider Australia

John McGrath, the salesman who founded the ASX-listed real estate agency, McGrath, has finally revealed his new board of directors, which includes an accountant and a lawyer. He has filled the void of a departing CEO and the resignation of two[...]

Spending in Australia is growing at the fastest pace in years

Wednesday  05:58,   21 february 2018
Business Insider Australia

Spending across Australia grew at the fastest pace in over four years in January Sales at retail stores grew at levels not seen in eight yearsAnd spending in retail stores recorded the largest boost in more than eight years, an encouraging sign that [...]

Cages are better for chickens than intensive free-range, farmers say, as calls for a ban get louder

Wednesday  05:57,   21 february 2018
ABC News

As opposition to cages mounts, caged egg farmers say they see lower mortality than with free-range hens.Now Brian Ahmed at Werribee is being asked to consider major upgrades that could cost millions that he said would not guarantee happier or[...]

The most expensive QLD home sold this year

Wednesday  05:56,   21 february 2018
Woman's Day

Over the years the trade of luxury trophy homes has become a great source of fascination and weekend auctions are now considered a legitimate past time among growing hordes of real estate fans across our wide brown land. While what's going under the [...]

3D-Printed Smartphone Microscope Can Detect Disease

Wednesday  05:56,   21 february 2018
Newsweek

The 3D printable ‘clip-on’ can turn any smartphone into a fully functional microscope.Researchers from Australia’s Centre of Excellence for Nanoscale BioPhotonics (CNBP) developed the clip-on microscope for use in remote areas, where standard[...]

Home prices across Australia continue to fall

Tuesday  20:14,   20 february 2018
Business Insider Australia

Home prices fell across all mainland state capitals last week. Sydney prices now going backwards, adjusted for inflation. Stock on offer rising in Sydney, Melbourne and Adelaide.While Australian auction clearance rates appear to be rebounding, led[...]

Bankrupt Nathan Tinkler living large in $13.5 million mansion

Tuesday  20:14,   20 february 2018
Sydney Morning Herald

When the counting was completed in 2016 after he was officially declared bankrupt, Mr Tinkler’s debts came in at more than $540 million. His wealth was harder to determine, but assets in his name at the end of last year did not realise more than $1 [...]

Bitcoin Thieves Threaten Real Violence for Virtual Currencies

Tuesday  20:13,   20 february 2018
The New York Times

Criminals have been going after big holders of Bitcoin and Ether, taking advantage of the ease with which vast virtual currency riches can be transferred.In the beach resort of Phuket, Thailand, last month, the assailants pushed their victim, a[...]

Taxis vs Uber: Which is best for you?

Tuesday  20:13,   20 february 2018
MSN

Since Uber launched in Australia in 2012, it's shaken up the taxi industry and made our roads a competitive space.  But now a new passenger levy has been introduced to compensate taxi operators and it's hard to find anyone who's happy about [...]

Iconic Blue Mountains cafe to close after more than 100 years

Tuesday  20:13,   20 february 2018
MSN

For any Sydneysider in the last century who has made the trip up to Katoomba to have a squiz from Echo Point at the Three Sisters, it has also been close to compulsory to travel back up the town’s main street hill to have a drink and a feed at the[...]

ATO urges staff to dob in colleagues who take long lunches, read paper at work

Tuesday  20:13,   20 february 2018
MSN

The Australian Tax Office (ATO) is urging staff to report colleagues who are taking long lunches or wasting time by eating breakfast or reading the newspapers at work. Freedom of Information documents show ATO management has warned staff falsifying[...]