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News: Money

Australia's Telstra shareholders vote against exec pay

Wednesday  02:41,   17 october 2018
reuters

Telecommunications provider Telstra Corporation (TLS.AX) said on Tuesday that its shareholders had voted against its remuneration report at its annual general meeting for 2018. Almost 62 percent of shareholders voted against the remuneration report... >>>

High school student raking in $1k a month from cake business

Wednesday  02:41,   17 october 2018
msn

A 15-year-old Gold Coast girl is making more than $1000 a month, after starting her own cake business. Launching her business A Piece of Cake online nine months ago, Kea Walsh makes around four cakes a week. © Provided by Nine Digital Pty Ltd The... >>>

ASC to cut more shipbuilding jobs

Wednesday  02:30,   17 october 2018
msn

More jobs are set to go at defence shipbuilder ASC as work on Australia's new air warfare destroyers winds down. ASC is close to completing the third and final ship and says that means it may need to cut 56 production jobs and seven salaried... >>>

Redcape Hotel boosts assets for upcoming $1b float

Wednesday  00:31,   17 october 2018
smh.com.au

Redcape Hotel Group has boosted its portfolio with the purchase of three new pubs on Sydney's south coast as its prepares for a public float valued at about $1.02 billion. The hotels are in the Wollongong areas of Unanderra, Figtree and... >>>

Wesfarmers is about to lose its title as the largest private employer in Australia

Wednesday  00:21,   17 october 2018
businessinsider.com.au

Woolworths will become Australia's largest private employer post the Coles float on the ASX. Wesfarmers, the current biggest private employer, will drop to... >>>

NAB's profit to take $314 million hit out of banking royal commission

Wednesday  00:10,   17 october 2018
msn

National Australia Bank has confirmed its profit will be slashed by a further $314 million due to extra "customer remediation" costs. It expects these additional costs will reduce second-half cash earnings by $261 million, while the remaining $53... >>>

New Zealand inflation comes in hot and now the Kiwi dollar is soaring

Wednesday  00:10,   17 october 2018
businessinsider.com.au

New Zealand inflationary pressures surged in the September quarter, recording the largest percentage gain since early 2017. Fuel prices surged by 5.5% over the quarter, and 19% over the year. Even with the impact of soaring fuel prices, tradable... >>>

How to pick the right wireless charger for your smartphone

Tuesday  15:33,   16 october 2018
popsci

It's surprisingly tricky to get the best... >>>

101 ways to make money without a 9-to-5 job

Tuesday  14:59,   16 october 2018
msn

The security footage has been shared on social media more than 600 times. H: Branch crashes through roof of couple having breakfast in... >>>

101 ways to make money without a 9-to-5 job

Tuesday  14:59,   16 october 2018
gobankingrates

You can make good money without an office... >>>

American retail giant files for bankruptcy

Tuesday  14:58,   16 october 2018
msn

Iconic American retail giant Sears has filed for bankruptcy protection, with plans to shutter 142 unprofitable stores in the hopes that it can stay in business . The question now is whether a smaller version of the company that once towered over the >>>

'We need to get real': Telstra chairman hits out as investors revolt on pay

Tuesday  14:58,   16 october 2018
msn

Investors have voted against the proposed pay packets for chief executive Andy Penn and his... >>>

Jupiter's Frozen Moon Is Studded With 50-Foot Blades of Ice

Tuesday  11:51,   16 october 2018
theatlantic

At a distance, the worlds in our solar system resemble marbles, gleaming spheres suspended in the inkiness of space. Move closer in, however, and the glossy marble of Europa gives way to fields of 50-foot-tall, sharp-edged blades of ice... >>>

iPhone XS Max battery squeaks past Note 9 and Pixel 3 XL in new test

Tuesday  10:52,   16 october 2018
bgr

On Friday, PhoneBuff shared a video comparing the battery life of the iPhone XS Max to Samsung’s Galaxy Note 9, with both phones having been put through actions to drain the battery, from placing phone calls and sending texts to browsing the... >>>

Free from Facebook, Instagram’s co-founder is talking about what’s wrong with social media

Tuesday  07:51,   16 october 2018
qz

Companies are trying to throw algorithms at one of the world’s most intractable problems: the viciousness of online life. That misses the point, says Kevin Systrom, the 34-year-old co-founder of Instagram who left his company in September,... >>>