Tag: Government
-

Australian trade surplus falls by two-thirds
Australia’s trade surplus has fallen to $1.3bn for January 2017, a drop of almost two-thirds from December 2016’s significant $3.3bn surplus. This surprising decline defied the expectations of many market experts, who had predicted further growth in the surplus following the record-breaking surplus recorded for December 2016. However, economists have been quick to address the situation, stating…
-

Australian MPs, police, and judges targeted in email hack
The private email accounts of thousands of Australian government officials, Australian Federal Police, judges and members of Parliament have been exposed in a massive data breach at Yahoo. The hack, which is thought to be the biggest in the world, impacted one billion accounts. The ABC reports that the private data of 3, 400 high profile…
-

NBN gets $19.5 billion from government
The National Broadband Network (NBN) has received a $19.5 billion loan from the Turnbull government to allow it to complete the rollout. The NBN was unable to raise enough funds on the open market to complete the infrastructure project. Finance Minister Mathias Cormann and Communications Minister Mitch Fifield released a statement acknowledging the loan and expanding…
-

Malcolm Turnbull is willing to negotiate marriage plebiscite
As we reported earlier this week, Bill Shorten recently introduced new legislation with an aim to legalise same-sex marriage. The movement from the opposition came following criticism to the coalition’s original plans to run a plebiscite. The plebiscite is set to implement a national vote over whether marriage equality should be legalised, and it will cost $15 million…
-

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…
-

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…
-

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…


