Mindblown: a blog about philosophy.
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Turnbull rejects calls to bail out Hazelwood
Prime Minister Malcolm Turnbull has emphatically turned down a call from Tony Abbott to stay the closure of Hazelwood power station in order to prevent the worsening of the impending energy crisis. Former Prime Minister Abbott has publicly urged current Prime Minister Turnbull to rethink the planned closure of the Gippsland-based power station in Victoria, warning that…
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Victoria criticises Federal Government on home ownership
The Victorian government has today launched an attack on the federal government, accusing them of not acting sufficiently to arrest the decline in home ownership levels. With a meeting of the nation’s treasurers scheduled to take place today in Canberra, the home ownership problem is set to dominate the agenda. The Victorian Treasurer, Tim Pallas,…
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Collins Foods buys more KFC restaurants in the Netherlands
Collins Foods is continuing its expansion of its KFC empire by purchasing 16 KFC restaurants in the Netherlands. The Australian company, which is the largest KFC franchisee in Australia, bought the restaurants from Yum! Brands for AUD$87.8 million. According to a report from Collins Foods on the acquisition, the deal also includes the rollout of…
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Iron ore price drops to lowest point in 2017
The price of iron ore has seen a massive drop after Chinese demand for steel continues to fall. The price dropped by 4.3% to $87.59 US a tonne overnight, the biggest percentage drop in 2017 so far . This recent fall extends the losses from earlier in the week to over 7%. This also the…
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Google advertising dissent expands to US
Major US brands have followed the UK’s lead in removing advertising from Google after having their logos placed alongside extremist content, with Australia closely monitoring the situation. The British government, the Royal Bank of Scotland (RBS) and retail giant Marks & Spencer have pulled their adverts from the media platform after their brands were placed alongside…
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WATCH: An insider’s guide to executive travel
Successful businesspeople often find themselves travelling, both internationally and domestically, for business commitments and meetings. However, it can be difficult to enjoy that travelling when rushing from business meetings to investor engagements without a pause for breath. There a great many publications dedicated to ensuring that business travellers make the most of their work journeys,…
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Control the new Samsung S8 with your voice
Samsung have announced that they’re introducing a digital assistant to their new Samsung S8. Samsung is launching Bixby, a new voice control app, which has actually been hidden in devices for years. Bixby is the tech company’s way of improving the customer experience, and creating a streamlined assistant that can link to certain apps. The way you’ll be able to tell…
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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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NAB interest rate rise is causing outrage
The National Australia Bank (NAB) is receiving heavy criticism for its decision to raise its interest rates yesterday, just hours after the US Federal Reserve raised its interest rates. The NAB raised its residential investment home loan variable rate by 25 basis points from 5.55% to 5.8% per annum. They also raised their standard variable rate for owner-occupiers…
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