Category: Economy

Home Economy
Mars $2 coin skyrockets to $3000 in value after Queen’s death
Post

Mars $2 coin skyrockets to $3000 in value after Queen’s death

Coin collectors around the world have been going mad for $2 gold coins for weeks since the death of Queen Elizabeth II whose face features on one side – now one coin in particular has climbed in value by thousands of dollars. The $2 Mars coin was launched as part of a limited 2017 Planetary...

Victorian retiree scammed out of $26,000 after email intercepted
Post

Victorian retiree scammed out of $26,000 after email intercepted

A Victorian retiree has been left tens of thousands of dollars out of pocket after falling victim to a sophisticated email scam. Bill Hall told 9News he thought he was paying a $26,000 invoice from a builder during renovations on his home. But instead the email had been intercepted by hackers, who had altered the...

What to look out for when buying a used car
Post

What to look out for when buying a used car

Welcome to Sisters In Law, news.com.au’s weekly column solving all of your legal problems. This week, our resident lawyers and real-life sisters Alison and Jillian Barrett from Maurice Blackburn advise about your rights when buying a second hand car. Question: I recently bought a second-hand car off Facebook Marketplace from a bloke who lived a...

How investing $10 a day into Australian share market can make you $1.8 million
Post

How investing $10 a day into Australian share market can make you $1.8 million

We all know investing is important. We know compound interest can help build wealth. And we know procrastination isn’t helpful. But there’s a difference between knowing something and actually doing something about it. To me, true money success means replacing your (current or ideal) salary with investment income. How to replace your income with investments...

Queen’s Birthday, Labour Day trading hours: What stores are open
Post

Queen’s Birthday, Labour Day trading hours: What stores are open

The first long weekend of spring is finally here. While other states had their Labour Day holiday earlier in the year, New South Wales, ACT and South Australia will finally get the public holiday on Monday, October 3. And if you’re in Queensland, fear not: Residents won’t miss out on a three-day weekend, thanks to...

Industry alarm as lithium supply crisis looms
Post

Industry alarm as lithium supply crisis looms

With lithium prices booming, a string of industry experts have sounding warning bells about supply, in the face of an expected huge surge in electric vehicle (EV) uptake. Barnstorming prices for battery metals to feed the growing lithium ion supply chain in 2022 are just “warning signs” of the challenges to come to meet accelerating...

Optus: Former Virgin Mobile, Gomo customers could also be victims of Optus data hack
Post

Optus: Former Virgin Mobile, Gomo customers could also be victims of Optus data hack

A number of former Virgin Mobile and Gomo customers have reportedly been informed by Optus that their personal information was also compromised in the company’s data breach. Both companies are subsidiaries of the telecommunications giant — with Virgin Mobile being shut down in 2018. Some 9.8 million Australians have had their personal information potentially exposed...

Who is Jordan Peterson? Olivia Wilde Don’t Worry Darling ‘incel’ controversy
Post

Who is Jordan Peterson? Olivia Wilde Don’t Worry Darling ‘incel’ controversy

Love him or loathe him, almost everyone has an opinion of Jordan Peterson by now. The Canadian psychologist, media personality and best-selling author of 12 Rules for Life has been described as either “the most influential public intellectual in the Western world”, or in the recent words of actress and filmmaker Olivia Wilde, “this insane...

Australians react to Woolworths, Big W scrapping Christmas decorations with glitter
Post

Australians react to Woolworths, Big W scrapping Christmas decorations with glitter

Two major Australian retailers have sparked outrage after it was revealed they planned to scrap Christmas products which contain glitter in an effort to reduce their environmental impact. Both Woolworths and Big W will no longer sell ornaments or Christmas objects with glitter on them. In a statement, The Woolworths Group said glitter, made of...

Big four banks to report $28bn in profits as Aussies struggle
Post

Big four banks to report $28bn in profits as Aussies struggle

The big four banks are expected to rake in billions in profits as everyday Aussies battle with rising interest rates. Commonwealth Bank (CBA), Westpac, NAB and ANZ are expected to post a combined annual cash profit of around $28.4bn this financial year as interest rate hikes boost their loan income. CBA leads the pack in...