Category: News
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ANZ announces 200 job cuts due to economic conditions
Two hundred ANZ employees will be saying farewell to their positions at the bank due to poor economic conditions. The Australian & New Zealand Banking Group currently has 48,896 employees and over the six months up to March, have reduced its full-time work force by 1,256. The bank advised their staff of the redundancies with cuts…
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A security contractor shot dead at the Australian Embassy in Baghdad
Foreign minister Julie Bishop confirmed this morning that an Australian security contractor has been shot dead at the Australian Embassy in Baghdad. She said, “The Government extends its condolences to the family of the Australian man over this tragic incident.” The circumstances surrounding his death are being investigated and The Australian Government will not provide any…
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Our air is being sold to China
Air pollution is a huge issue faced by China, as their population turns to constantly wearing face masks instead of breathing in the toxic air. Late last year the air pollution level in China was raised to the highest possible level, orange, and was the first time that classification had been used. It was reported…
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Hire a Tesla Model S for a day
You can now hire a Tesla. Yep, that’s right folks you can hire the revolutionary Tesla Model S for travel between Sydney and Canberra as well as hire it for the day in Sydney. According to Gizmodo the luxury electric car costs about $95,000 for the 60kWh and $200,000 for the fully-optioned, performance-spec 85kWh. If that’s…
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Q&A Recap: A Melbourne dad, the tax threshold and a $6000 toaster
Melbourne truck driver and father of two, Duncan Storrar stole the show on Monday night’s episode of Q&A on ABC. The panel consisted of assistant treasurer Kelly O’Dwyer, the Green’s Adam Bandt, Labor’s Andrew Leigh, Australian Industry Group CEO Innes Willox, and Australian Council of Social Services boss Cassandra Goldie. Storrar asked, “I’ve got a disability and…
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Did an Aussie create Bitcoin?
The digital currency, Bitcoin, has been in the news lately with a Brisbane based engineer and computer scientist named Craig Wright claiming he created the payment network under the pseudonym Satoshi Nakamoto. His statements have come under much scrutiny, with many people either coming out in support of him or denying that he is truly…
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How the budget will affect university students
University students will be affected dramatically with the 2016 federal budget not being very kind to them all. Not only could attending university become more expensive, but it could become a lot harder to get into desired courses to begin with. The government wants to introduce a base ATAR mark for university admission. Currently, if a student doesn’t…
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Big banks drop home loan rates
ANZ, NAB, CBA and Westpac have all dropped their home loan interest rates following the Reserve Bank’s official interest rate cut. The Reserve Bank of Australia cut the cash rate by 25 points to 1.75% on Tuesday, prompting the big banks to action. National Australia Bank was the first to cut its standard variable home…
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Upward of 200 million emails hacked
On Wednesday this week, a Wisconsin security firm called Hold Security reported they had obtained a cache of information from Russian hackers regarding emails and passwords. The firm originally uncovered the hacker bragging in online forums about the large amount of data he was going to sell, claiming to have over 1 billion email addresses…
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Malcolm Turnbull announces federal election
The past few years of Australian politics hasn’t been the most stable, with four leaders being in power in just a two year span. Following his election as Prime Minister last September, Turnbull hasn’t done much in terms of policy, largely as a result of the conflicts within government which don’t allow much moving space…