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World news
APRA issues final climate change policy guidelines
November 26, 2021 09:36 PM AEDT| By Priyanka PayalHighlights APRA issues final recommendations to help banks, insurers, and superannuation trustees in managing financial risks linked to climate change, without imposing any new rules. The move to a lower-emissions economy leads to financial ris.....
Want to buy a house? Here's a look at the housing market in Australia
November 26, 2021 07:22 PM AEDT| By Priyanka PayalHousing sector is booming in Australia. Who doesn’t want to have a home of their own? However, this seems to be an arduous task in Australia in days to come, given the current rise in property prices. Recently published, ANZ CoreLogic Housing.....
What can threaten Black Friday sales in Australia?
November 26, 2021 12:26 PM AEDT| By Priyanka PayalAt a time when the Country is in the grip of festive fervour and Aussies are busy shopping Christmas presents for their close ones, there appears to be a hiccup amidst this celebratory atmosphere. This is because threats of ad hoc strike at major d.....
Most expensive goat – Marrakesh fetches record $21K in Australia
November 25, 2021 09:22 PM AEDT| By SamtaHighlights The most expensive goat – Marrakesh, hits AU$21,000 record in Australia. Marrakesh went on sale in NSW on Wednesday. Megan Mosley and her partner Andrew purchased the 79-kilogram breeding buck. Marrakesh- a goat in.....
Festive fervour likely to boost Black Friday sales in Australia
November 25, 2021 08:36 PM AEDT| By Priyanka PayalHighlights This year’s Black Friday shopping sales are likely to be the biggest one ever. Aussies spent over AU$5.57 billion in November last year, and this record-breaking number is anticipated to be crossed this time. Australia&r.....
Mass Coral breeding fills Great Barrier Reef with different hues
November 25, 2021 06:59 PM AEDT| By Priyanka PayalHighlights Scientists report mass spawning of coral species in Queensland's Great Barrier Reef. Mass breeding has caught the attention of divers and marine biologists. The mass breeding of the corals is seen when the World Heritage-listed natu.....
Should Australia be worried over 4th COVID-19 wave?
November 24, 2021 08:21 PM AEDT| By SamtaHighlights A fourth COVID-19 wave has hit Europe with full force. The fourth wave has affected Germany, along with regions of Saxony and Cologne, where almost 2/3rd of the German population is fully vaccinated against the deadly virus. .....
Australia-Germany ally to boost hydrogen projects
November 24, 2021 07:59 PM AEDT| By Sukriti NairHighlights Australia Germany commits to a hydrogen supply chain push. ARENA to take the lead as the new joint Hydrogen Innovation and Technology Incubator. Australia seeks an energy transition while Germany looks to satisfy energy demand.....
Who is Melissa Caddick? What’s the hype around her?
November 24, 2021 05:39 PM AEDT| By SamtaHighlights Melissa Caddick went missing in 2020, just a day after ASIC agents raided her home in NSW. Caddick had allegedly siphoned off millions from investors by creating false documents. After a thorough investigation, a foot was dis.....
Has Bitcoin’s price stabilised after a lean patch past week?
November 24, 2021 05:23 PM AEDT| By Jasmine AnandHighlights Bitcoin in the last seven days witnessed a decline in its prices and reached the mark of US$56,299.0, recently. However, it is now showing signs of rebound and may go beyond US$60,000. Further, El Salvador reveals its plans to build.....
The Startup Show: A Show For The Virtual Era
November 24, 2021 04:28 PM AEDT| By Daniel Paul JohnsHighlights Theta TV is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch Theta TV is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch The interview with Randi Zuckerberg covers h.....
Rest Super unveils plan to invest in cryptocurrency
November 24, 2021 01:09 PM AEDT| By Priyanka PayalThe future is digital, and cryptocurrency, also known as virtual currency, has become a hot topic these days. As Cryptocurrencies are gaining popularity across the globe, more and more companies are showing interest in the digital currency. In the .....
Globalisation: a road of vulnerabilities & resilience, says WTO
November 24, 2021 11:52 AM AEDT| By Toshiva JainHighlights The World Trade Organization’s (WTO) report carries significant aspects of the current scenario of global trade. This year’s report sheds light on the values inflicted by the interconnectedness of world trade in the prese.....
La Nina effect: Australia to witness rainy summer for 2nd straight year
November 23, 2021 08:39 PM AEDT| By Priyanka PayalHighlights Australia’s Bureau of Meteorology has declared that a La Nina weather event is now underway. La Nina is a Spanish term which means “the girl child”. La Nina suggests a 65 % higher chance that parts of the country w.....
Laundy Hotels acquires Wollongong’s Cabbage Tree Hotel
November 23, 2021 07:11 PM AEDT| By Priyanka PayalA syndicate of hoteliers led by veteran hospitality industry supremo Arthur Laundy including Laundy’s daughter Justine and son-in-law Nick Tindall, on Monday, bought The Cabbage Tree Hotel, popularly known as The Patch. Headed by Laundy, the.....
Why is Dogecoin the flavour of the season?
November 23, 2021 04:47 PM AEDT| By Jasmine AnandHighlights Dogecoin is the most explored crypto on Google, as per reports. This is partly because of Elon Musk’s endorsement of the meme currency, plus it is cheaply priced. Apart from all the hype around DOGE, one crypto which is .....
US stocks close mixed as Biden renominates Powell as Fed chair
November 23, 2021 09:10 AM AEDT| By Versha JainBenchmark US indices closed mixed on Monday, November 22, as President Joe Biden nominated Jereme Powell as the Federal Reserve chairman for the second time. The S&P 500 declined 0.32% to 4,682.94. The Dow Jones was up 0.05% to 35,619.25. The NA...
AUKUS: Australia signs crucial Nuclear Submarine Alliance with US & UK
November 22, 2021 08:05 PM AEDT| By Priyanka PayalHighlights Australia signs a key deal in nuclear submarine alliance, AUKUS. A trilateral security pact was announced in September this year between the three countries – the US, UK, and Australia. The defence pact was signed to.....
ASIC cautions investors on Cryptocurrency trade
November 22, 2021 06:17 PM AEDT| By Sukriti NairHighlights ASIC says crypto investors are at their own risk at present. The crypto phenomenon, ASIC believes, is to stay in Australia. ASIC feels regulations for the crypto universe are essential to curb risk for investors. Australi.....
Tritium unveils EV charger testing facility in Brisbane
November 22, 2021 01:34 PM AEDT| By Sukriti NairHighlights Tritium Energy is hitting the news again as it has come up with a world-class EV charger testing facility. Also, the Company will be installing more than 500 DC-chargers for EVCS network. There is a rising demand of EVs across Austr.....
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