Tag: business
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Premier Investments confirms stake in Myer
Premier Investments has been announced as the largest stakeholder for the retail giant Myer. In a statement to the ASX, Premier Investments confirmed that it has bought a 10% stake in the retailer, after much speculation over who had bought the shares. “Premier Investments Limited has made a strategic investment of 10.77% in Myer Holdings…
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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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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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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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Qantas among airlines fighting airport fees
Australasian airlines, including Qantas and Air New Zealand, have made moves to fight excessive airport fees for consumers by setting up a new advocacy group for the aviation industry. The move comes after a report from the Australian Competition and Consumer Commission (ACCC), which claimed Australian airlines and airline passengers had paid up to $1.6bn…
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Reserve bank leaves interest rates at 1.5%
In an unprecedented move, the Reserve Bank has left interest rates at 1.5% for the seventh month in a row. This was the first meeting of 2017 and it has surprised economists that the rates have stayed the same despite concerns about the housing market and the growing economy. The bank’s governor Philip Lowe has…
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New ‘Frugal Movement’ taking over Australia
The ‘Frugal Movement‘ is a movement that is gaining traction all around the world. It involves users being more conscious about where they’re spending their money and breaking the cycle of consumer culture. Many people who are a part of this movement save thousands each year, so it’s confusing to see why we’re all not…
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Why your business should embrace slow growth
When you’re starting a business, you want to see results quickly. You want to know that you’re doing the right thing and you want to see tangible chartable proof. However, research has shown that this fixation with fast growth may hinder more than it helps in the long term. Research conducted by Yale University has…
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Legal hacking startup just got $40 million for growth
Although hacking is usually considered negative, this legal startup facilitates a connection between companies and ethical hackers. HackerOne is a marketplace where companies can pay hackers to identify and rectify security flaws in their software. The company has just raised $40 million in venture capital funding to allow them to continue to grow and expand.…