Tag: australia
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CommBank chief first to face Parliament over banking scandals
Executives of Australia’s big four banks will each be questioned individually for three hours in Parliament by a cross-party group of 10 MPs from the House of Representative Standing Committee of Economics this week, ahead of a year filled with scandals and controversies within the banking industry. Facing the Parliament today will be Commonwealth Bank chief Ian…
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New drone rules fail to impress pilots
Flying drones just became a little more complicated as new rules concerning their use were released to the public today. Those who use the drones purely as a hobby are now required to not fly within 30m of another person, ruling out any metropolitan area while certified drone users are prohibited from flying within 15m of people.…
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Walt Disney is buying Twitter?
Walt Disney is working with their financial advisor to work out a possible bid for Twitter. The company is comprehending to accept the bid with their own financial team. Another three competitors, Salesforce.com, Google and Microsoft are all planning bids on Twitter. There is a possibility that Disney will come out first as Jack Dorsey, CEO…
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Six Australian universities ranked among best 100 in world
According to the The Times Higher Education university rankings that were released today, six Australian universities have been ranked among the best 100 in the world. The University of Melbourne was once again the country’s highest ranking university, with it jumping eight places since 2015 to equal 33rd. Next was the Australian National University ranked at 47th, the University of Queensland and…
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Psychopaths are as common in the business elite as they are in prison
The Wolf of Wall Street persona that is often portrayed in Hollywood has begun to seep into reality it seems, with research showing that 1 in 5 corporate workers may indeed be psychopaths. With the employees exhibiting traits such as self-obsession, ruthlessness and a lack of empathy towards their fellow employees. Australian Forensic Psychologist Nathan Brooks…
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Masters getting more backlash on end days
With customers hoping to get a good bargain at the closing down sale for Masters, they are actually getting rude customer service and seeing staff left to fend for themselves in the heavy rain. The retailer is looking to sell more than $700 million worth of stock in time for their doors to close on…
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JB HI-FI has bought an appliance giant out
Electronics giant JB HI-FI has bought out appliance chain, The Good Guys, for $870 million, now acquiring more than 100% of their competitor. The two will still be separate chains but work together to run both companies smoothly and hopefully to drive prices down. The ACCC gave the all clear yesterday to merge together and work together, despite them…
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Google’s plan to stop ISIS recruits
A multinational technology company that has built up a profit of over $1b has now invested their time and money into making a program that detects any anti-social behaviour relating to the very controversial terrorist group, Islamic State of Iraq and the Levant AKA ISIS. Google’s tech program, Jigsaw which was originally used to reduce hackers,…
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Samsung’s new smart fridge
Some of the products at this years IFA Trade Show in the US, may launch by the end of this year in Australia including a smart fridge. The family-friendly fridge has a heap of tech-savvy gadgets that make is a must-buy this christmas. Samsung Australia said the Family Hub refrigerator features three connected cameras that let…
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Let’s say goodbye to the Opal card incentives
The NSW government has farewelled the eighth trip free for customers using an Opal card. This change was debated a lot with customers and now the state government have finally bid farewell to it. From 5 September 2016, eight or more opal journeys will be given half price every time they tap on and off…