Tag: money
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News Corp bought APN: Was it a good Idea?
Rupert Murdoch, Founder and CEO of News Corp just bought APN News and Media’s regional newspaper business, for A$36 million. This leaves just their radio stations and advertising businesses. APN said back in February it was looking to sell its papers. The company owns 12 daily newspapers and 60 non-daily newspapers including the Daily Examiner (Grafton), Home Hunter guide…
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Staff paid a measly $4 an hour
It has been revealed that Taiwanese company Chia Tung Development Corp have been breaching several Fair Work Acts for temporary visa holders. 43 staff, largely from the Philippines were exploited as they undertook work as welders, metal fabricators and electricians in regional NSW. The workers received as little as $4 an hour. Not only was the pay grossly…
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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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Nurofen fined $1.7 million for misleading consumers
The company that sells Nurofen, Reckitt Benckiser, has been fined $1.7 million by the Federal Court for misleading Australian consumers about their pain relief products. The Nurofen Specific range are advertised to specifically target various types of pain including back, period, migraine and tension headache pain. It was argued that despite the packaging and marketing, the products…
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Sean Parker invests $250M into a new way of fighting cancer
Sean Parker is best known for co-founding Napster and is a former Facebook President, but the 36-year-old billionaire is now in the spotlight for his huge contribution to a new kind of cancer treatment. The entrepreneur has given $250 million to launch the Parker Institute that will help with research and development with a treatment called immunotherapy.…
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The new Australian $5 is revealed
The latest version of the Australian $5 note has been revealed and has been especially designed for the visually impaired. The tactile feature has been incorporated to help the visually impaired differentiate between the various banknotes. In addition the note will have large numerals and bolder colours particularly some bright yellow blooms of wattle. Queen…
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5 tips to get investors for your business
Your startup is going well so far but it’s time to expand and the only way to do that is get investors involved. You might have the best business in the world but without the right approach it’s still easy to get knocked back. A well-honed plan can go a long way in successfully convincing…
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What are Telcos doing to keep you in your contract for longer?
They call you up and offer you a brand new phone for just $99 so how could you say no? It’s a sneaky trap that just about everyone falls for. Optus is now joining the Telstra ‘way’ by locking in new contracts before the last ones are even finished. Now people on a 24-month plan…
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The Global Gender Gap
Living in the 21st century, any sensible person would expect gender equality to be a ‘thing’ by now but unfortunately that dream is still not a reality. The World Economic Forum has released the Global Gender Gap Report 2015, which measures over ten years of global gender gap performance. Out of 145 countries, Australia ranked…
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How Much Google Paid The Man Who Owned Google.com for 1 Minute
When researcher Sanmay Ved saw “Google.com” available for purchase on Google Domains in October he purchased it for a total of $US12. For a grand total of 1 minute he owned “google.com” until Google quickly realised and cancelled the purchase. They later gave him an undisclosed reward, which he only described as “very Googley” in…