Category: News
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Is rent control a solution to the housing crisis?
In the ongoing housing affordability crisis, government and non-government parties alike are searching for ways to ease the pressure on tenants. One of the potential solutions is rent control, which would allow for capped rental prices dependent on income. Rent control dictates that a tenant pay 30% of your income on your housing. City West Housing are…
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Amazon launches Alexa in virtual assistant race
Amazon is vying against corporate giants Google and Apple with its integrated voice technology. Despite a failed attempt at their own smartphone, Amazon’s CEO Jeff Bezos has a new angle on the company’s role in the future of sophisticated voice command technology. Amazon have found a new way of pitching for future supremacy in the rapidly…
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Malcolm Turnbull calls for unified effort on energy crisis
Prime Minister Malcolm Turnbull has called for a unified approach to the energy shortages threatening Australia, dismissing Victorian Premier Jeff Kennett’s proposal for unilateral federal control over the issue. Mr Turnbull told the Seven Network that while Mr Kennett may see the value in the Federal Government taking the lead on energy shortages, it was…
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Government prepares $2bn Snowy Hydro expansion
The Federal Government will today unveil a plan for a $2 billion expansion of the Snowy Hydro electric scheme in order to stave off the impending energy crisis on Australia’s east coast. This expansion is set to increase the output of the hydroelectric power scheme by up to 50%. The move which is being heralded…
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Amazon’s Kindle terms take nine hours to read
Amazon has everything. That’s their entire appeal. If you want books, batteries or baking trays, Amazon is where you go. It’s easy enough to make an account and just easily click ‘yes’ to the terms and conditions. But do you know what you’re agreeing to? Australian consumer advocacy group Choice think not. That’s why they’ve…
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Donald Trump has his 2005 taxes revealed
After years of questions and contention, Donald Trump has finally released his tax returns. The White House revealed two pages of President Trump’s 2005 taxes after learning that the MSNBC had obtained the documents. Minutes before MSNBC journalist Rachel Maddow was set to air the release, the White House released the documents. BREAKING: We've got Trump…
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A rundown of the South Australia energy crisis
South Australia and their energy crises issues seem never ending. If it’s not the gas crisis, it’s the energy gridlock. Luckily, an exchange between two multi-millionaires has brought the spotlight on what South Australia can do in relation to their energy crisis. Elon Musk, the renowned founder of Tesla Motors, has released a new battery in…
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Snapchat shares hit an all-time low
Shares in Snapchat’s parent company, Snap Inc, have reached the lowest point since the company was publicly listed on 2 March. The all-time low of $20.50 is due to investor concerns about slowing user growth and a lack of profit. The company’s stock has mostly fallen since the Initial Public Offering of $24.48. Snap Inc…
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Jetstar and Virgin Australia fined over prices
Jetstar and Virgin Australia airlines have been fined hundreds of thousands of dollars after being found to be misleading consumers. On the 7th of March the Federal Court ordered Jetstar Airways to pay $545,000 and Virgin Australia Airlines to pay $200,000 for breaches of Australian Consumer Law. The way that the two companies were misleading…
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Intel buys Mobileye in a $15.3billion deal
Intel, the technology company best known for their processors, have acquired Mobileye in a $15.3 billion deal. Mobileye are leaders when it comes to computer vision for autonomous driving, so the purchase will advance Intel’s strides into driving cars. Mobileye are proud developers of software called the Advanced Driver Assist Systems (ADAS) which aims to make roads safer, ease traffic…