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Aussie company burned through $13m in 12 months

A well-known Aussie instant grocery delivery service that suddenly collapsed had burned through $13 million in just 12 months and may have been trading while insolvent, administrators have revealed. Voly…

Putin’s secret weapon to strangle Europe has fizzled

Vladimir Putin’s secret weapon has fizzed. He turned off the taps. He blew up his own pipelines. But gas prices in midwinter Europe have fallen to pre-war levels. “We will…

Australia can’t keep making the same mistake with China

The news is full of new concessions from China to Australia. China appears to be reversing its shadow-ban on importing Aussie coal that wiped $1 billion off Australia’s balance sheet.…

Push for more public holidays in Australia

The push for an additional two annual public holidays in Australia has intensified to align the country with its growing reputation as a multicultural society. Current public holidays represent Western…

Scammer poses at stressed child in Woolworths

A distressed Australian mum has warned others after being sent a convincing text message from a scammer posing as her child. The fraudster pretended to be the woman’s child stuck…

Australian economy takes whopping $5b hit

The Australian economy took a whopping $5 billion hit last year as a result of floods, which also contributed to fruit and vegetable prices soaring by 16 per cent, adding…

Elon Musk breaks staggering world record

Elon Musk has broken a world record – but maybe not one he’ll be particularly pleased about. According to Guinness World Records, Mr Musk has seen his personal fortune drop…

Sudden meme-rally after bankruptcy call

Bed Bath & Beyond’s stock price has surged after it became the target of a meme-rally. It’s an abrupt turnaround for the struggling firm, which last week signalled it could…

Key move to stop ‘economic coercion’

Treasurer Jim Chalmers has joined his counterparts from the United States, United Kingdom, Canada and New Zealand in calling for co-operation in the face of the “threat and use of…

Grim global warning over Chinese Covid implosion

Australians and other citizens around the planet scraped their way through a cash-strapped 2022 but the new year might bring with it an even more turbulent economic landscape. And one…