Category: News
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Small Queensland bank creates wearable Visa card
The Heritage Bank in Queensland has beaten the big 4 banks within Australia in the race for wearable tech. The wearable tech has been given to 40 Heritage Bank customers and allows them to pay with a chip on a wristband, which is also waterproof. The wristband features the Visa Paywave chip that allows people to…
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Fast food chain Pie Face sold to United Petroleum
Fast food chain Pie Face has been bought by petrol and convenience company United Petroleum after it went into receivership last year. The sale will see United take full ownership of Pie Face, with Pie Face products to be sold in United petrol stations in the coming weeks. United Petroleum chief executive Gary Brinkworth has said…
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Unemployment remains steady at 5.9%
Australia’s unemployment rate has remained steady throughout March, after larger-than-expected gains in full time job growth. According to the Australian Bureau of Statistics (ABS), the unemployment rate has remained steady at 5.9%, which is in line with market expectations. Figures released by the ABS show that full-time employment is largely the reason behind the steady rate, with seasonally…
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Cashless welfare expansion considered ahead of budget
The Federal Government is considering expansions to the trial cashless welfare system ahead of the budget next month. The trial system exists as a cashless welfare debit card, onto which 80% of the individual’s welfare payment is transferred. This card cannot be used to buy alcohol, to gamble or withdraw cash, but is determined for…
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Key Google Cloud Next ’17 announcements
The Google Cloud Next ’17 conference is wrapping up and it’s clear that it was a success. With over 10,000 people in attendance, which included a variety of customers, developers and engineers, many people in San Francisco were excited to see what Google has achieved. For those of you who don’t know what Google Cloud is,…
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Deliveroo launches revolutionary new service
Deliveroo has announced the launch of a revolutionary new service that will increase their reach in the food industry. Deliveroo Editions is a new platform that will enable hundreds of restaurants to reach customers without having a mortar-and-bricks presence. Deliveroo Editions will function as pop-up kitchens that will temporarily be taken over by Deliveroo’s Premium restaurant partners,…
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Superannuation overhaul could help workers
Superannuation has been a pillar of the Australian workforce since it was introduced in 1983. However, employees can find it difficult to navigate the numerous superannuation funds and select a single fund throughout multiple jobs. Employees can find themselves signing up to the superannuation fund that works best for the company instead of the fund…
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The Reject Shop shares have plummeted
The value or stock in The Reject Shop have plummeted after the discount variety store reported a drop in its full-year profit. In an announcement to the ASX, The Reject Shop revealed that their full-year profit will drop to approximately $12.5 million, citing the wider market as a cause for the loss of profits. “Assuming…
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Government considered housing tax breaks in early 2016
Despite a new Federal Government housing affordability package expected for the next budget, the impact of tax breaks in the housing market was formally examined and rejected by the Federal Cabinet as early as February 2016. The Coalition Government responded to investigations into the possibility last year by launching direct and staunch opposition to Labor’s proposals for…
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US Vice President Mike Pence to meet with Turnbull
United States Vice President Mike Pence will meet with Prime Minister Malcolm Turnbull and other government figures when he visits Australia as part of a Pacific goodwill tour next month. Pence will meet with Turnbull, Opposition Leader Bill Shorten, and Foreign Minister Julia Bishop on April 22nd as Pence seeks to heal the damage done…