Haulage truck at the Rio Tinto West Angelas iron ore mine in the Pilbara region of West Australia Wednesday, July 9, 2014. Mining jobs, once the engine of our economy with workers earning outlandish sums of money for doing fly-in fly out (FIFO) stints in the outback, are enjoying a comeback. Mining jobs in Tasmania lifted a massive 74 per cent, alongside a rise in the ACT, although job ads in the Norther Territory – traditionally a huge mining region – fell.
A 23-year old woman is alleged to have caused a huge ripple – by stealing A$450,000 of the cryptocurrency. NSW Police revealed they arrested the woman this morning in Epping, who was taken to Sydney’s Ryde Police Station accused of the unauthorised hacking of the email account of the owner of 100,000 (XRP) Ripple units and stealing the entire cache. The stolen XRP was worth A$450,000 at the time of the theft earlier this year, although the crypto has slumped in value since then.
On their 10-day tour, the much-loved royal power couple are showcasing some of Australia’s most iconic sites to audiences around the world, which has a direct impact on tourism dollars. The Duke and Duchess of Cambridge’s (William and Kate) visit to Australia in 2014, saw glorious TV pictures and photos of the Royal couple in front of Uluru, visiting Taronga Zoo and the Three Sisters in the Blue Mountains, beamed across the globe. Prince William, Kate Middleton and George’s bill for their 10-day tour was a cool $2m, but tourism operators subsequently reported that interest in historic Aussie sites including Uluru and the Three Sisters spiked following the royal tour.
The ‘big 4’ banks are slugging their customers on international transfers, charging exchange rates that are far higher than online operators like XE, World First and OFX. Ditching the high street banks and using any one of the many online money transfer operators that have sprung up over the past number of years, could save you hundreds of dollars. “When it comes to international money transfer rates we found a huge gap between the big four banks and the best value online services,” says Mozo Director Kirsty Lamont.
One in seven of those polled believe they don’t have enough assets to justify it, while a massive one third said they just haven’t got round to it yet. “Most people don’t like to think about their death and fewer still enjoy paperwork, but if you die without making a valid will, your assets could be distributed in a way you would not have chosen,” warns Kate Browne, Personal Finance Expert at finder.com.au.
Consumer advocate Choice created a tool canisaveonenergy.com.au back in May to help consumers combat Australia’s soaring energy bills, which has saved Aussies more than $1 million to date, it revealed this week. The clever technology scans energy offers from all energy providers and saves you having to sift through technical jargon and endless T’s and C’s. Choice warns that the biggest problem with other ‘free’ commercial comparison sites, is that they take commissions from the power companies and therefore their results are skewed.
Toll road giant Transurban is paying more than $9 billion to the NSW government for (51%) control of Sydney’s WestConnex, it emerged today. The ACCC yesterday cleared Transurban’s bid. Is it a happy or sad day for Sydney’s motorists?
A clever bunch of home owners from Baulkham Hills in Sydney’s western suburbs, think they might have the answer. “I don’t think we’re greedy, we just believe it will probably give us the best opportunity,” said Baulkham Hills homeowner Ann Papas, whose relatives own the neighbouring block. An explosion of apartment developments in the area, installed alongside residential houses, have pushed locals to sell up – a trend which is occurring all across Sydney.
Getting a good tradie can be tough in the first place. But the cost of plumbers, painters and carpenters varies wildly depending on where you live, new figures show.
With the advent of the new financial year this week, now is a good time to look at how to save more cash by making a few subtle changes to your spending habits. Almost half of Australians (44%) believe they’re wasting money by having multiple providers for their phone, energy and internet services and consolidating all bills in one would save them a fortune, according to research carried out by PureProfile on behalf of telco amaysim.
Think the recent AUD$10 tax concession ScoMo pulled out of the bag isn’t much? Calculations by Mozo.com.au show a borrower making an extra monthly repayment of $43 into their mortgage could save up to $9,915 in interest over the life of a typical home loan. This could wipe whole year one year off loan repayments.
Australia’s lusty love affair with property investing may be over, new figures suggest. New ABS housing finance data shows a massive plunge in investment in bricks and mortar – to the tune of A$1.07 billion between February and March, last. The 9% slump in loans to property investors marks the biggest monthly drop since September 2015, suggesting buyers have become increasingly “spooked” as property prices cool in housing hot spots Sydney and Melbourne.
A startling in 5 Australians have zero savings for any kind of a day – rainy or not. More than 2 million Australians surveyed say they would need to borrow within a week if they experienced a sudden drop in income. Building up adequate savings is one of the main financial goals for one in four Australians staring into 2018, according to a ME survey of 1,500 Australians.
Premises have 18 months to switch over from their legacy copper services to the nbn network. We have a carefully managed disconnection process in place with Telstra that ensures no one is left without a connection who doesn’t want one. NBN Co sends up to five reminder letters to premises in ‘ready for service’ areas during the 18 month migration period (in addition to material sent by the telcos). We then send material via registered post to residential premises that have not yet connected five weeks prior to the disconnection date. ...
Do you have post-Christmas blues after splurging during the festive season? New estimates show the nation whacked a whopping $29 billion on credit cards in December – equivalent to over $1,700 per card. Four out of five credit card holders say they will pay off their holiday debt in three months or under but the remainder will take longer and will thus be forced to fork out hefty interest payments.
Hampers are a great Christmas gift, but the extortionate price tags for what you get will leave your wallet not feeling very cheery. New research from Mozo shows Christmas hampers from the likes of Gourmet Basket, David Jones and Myer are marked up by as much as 90%. For a Gourmet Basket costing $179 – the actual product value is just $91 – representing a staggering 96% mark up.
The Reserve Bank are sitting tight on interest rates for December – giving mortgage holders an early Christmas present. The ‘hold’ decision follows Tuesday’s monthly RBA board meeting, the final one of 2017, as Australia’s central bank parked official cash rates at its ultra-low 1.5% level for the 16 month running. All 33 economists polled by finder.com.au forecasted the official cash rate would be held as consumers stare into the final days of 2017.
There’s only one time in your life you can be (almost) sure your insurance premium will be slashed – when you’ve hit your 30th birthday. The price difference between the most expensive and cheapest car insurance quotes from companies for under a typical 20’s driver is as high as $3,800, while under 30s don’t fare much better with quotes differing as much as $1,700. The under 30’s are paying $700-plus more than drivers over 30, annually, comparo site Mozo found from analysing quote data from 63 car insurance policies across 10,000 customer scenarios.
The lack of salary growth that has besieged the Aussie jobs market is “about to change”, Andrew Morris, Director of Robert Half Australia, told Yahoo7 Finance. It’s now a job seekers world and a ‘candidate-short’ market, where employers are struggling to fill jobs, he added. There have been more and more opportunities for candidates in the last 24 months – with job seekers being offered not just one but multiple roles.