Mutuals (combined credit unions and building societies) are considered the least secure segment for retail deposits in Australia, despite the Federal Government guaranteeing deposits up to $1 million held by an Australian Deposit-taking Institution (ADI).
Online computer retailer Mwave has been forced to amend its website and warranty policy in accordance with the Trace Practices Act 1974 by the ACCC.
Australians are increasingly active participants in social media, with Twitter use growing 400 percent in the past year according to findings from Nielsen’s 2010 Social Media Report.
Soaring electricity prices are forcing families into ‘fuel poverty’ increasing the fear of disconnection over their unpaid electricity bills in NSW.
Pensioners are likely to be worse off after the Government announced it would revise pension deeming rates upwards because of Australia’s strengthening economy.
Artist Nathan Sawaya has unveiled his latest Lego creation, a 1.5metre tall ‘working’ (sort of) Lego Blackberry 9360. Nathan Sawaya was commissioned to build the piece after his Lego iPhone creation last year. It is unknown who commissioned the piece, but it is presumed someone in Blackberry PR paid for the work. Sawaya writes: “I […]
Woolworths and Coles are under threat by US retailing giant Costco, who has plans to open another six stores in the next three years. Costco currently operates one massive store in the Melbourne docklands precinct and has another store in the planning process for Sydney in the Auburn area. Costco differs from traditional retailers in […]
Engineering jobs are being filled by overseas workers while Western Australians miss out on work, Shadow Training Minister Ljiljanna Ravlich said today. Ms Ravlich said there was an estimated $140billion worth of projects in the pipeline requiring 47,000 construction jobs and 11,500 permanent jobs. “While the Premier crows about the benefits of the impending boom, […]
The Australian Government will bring forward a scheduled review of airport regulation and pricing after the ACCC released a report yesterday which suggested Sydney Airport may be using it’s monopoly position to generate unfair returns by charging higher prices. Sydney International Airport, of which 74 percent is owned by Macquarie Airports Group was for the […]
Research In Motion (RIM) today introduced the BlackBerry Storm2 smartphone for customers in Australia, with users expected to be able to purchase the phone from mid-March. The second generation of the Blackberry Storm makes several improvements to the original, with Blackberry OS5 and the addition of what is being called SurePress technology, a tactile feedback […]
