‘State-of-the-art’ flour mill in Ballarat to create hundreds of jobs in construction, manufacturing

Flour on a table

A major investment by one of the largest food manufacturers in Australia and New Zealand is creating a jobs boost in Ballarat. Key points: Over $130 million is being invested in a new flour mill in Ballarat The mill will result in over 400 jobs in construction and manufacturing over the next two years George … Read more

The ‘evil genius plot’ behind Terra Luna’s crash and cryptocurrency bloodbath

The 'evil genius plot' behind Terra Luna's crash and cryptocurrency bloodbath

The cryptocurrency market has had billions in value wiped off it after an epic fail and now the accusations are flying that something sinister went down. People have had their savings wiped out by the cryptocurrency bloodbath and homes are under threat as an eye-watering $US200 billion ($291 billion) was slashed from the crypto market … Read more

The ‘evil genius plot’ behind Terra Luna’s crash and cryptocurrency bloodbath

The 'evil genius plot' behind Terra Luna's crash and cryptocurrency bloodbath

The cryptocurrency market has had billions in value wiped off it after an epic fail and now the accusations are flying that something sinister went down. People have had their savings wiped out by the cryptocurrency bloodbath and homes are under threat as an eye-watering $US200 billion ($291 billion) was slashed from the crypto market … Read more

Elon Musk secures $7 billion from mega-rich pals to buy Twitter

Elon Musk secures $7 billion from mega-rich pals to buy Twitter

Elon Musk has drastically reduced his personal stake in a $44 billion takeover of social media giant Twitter with the help of some big names. Elon Musk has secured $7.14 billion in funding from a coterie of investors including Oracle’s co-founder Larry Ellison to fund his $44 billion purchase of Twitter. Musk, the world’s richest … Read more

Bank earnings show dark clouds on the horizon

Bank earnings show dark clouds on the horizon

All of the biggest US banks saw profits take a hit in the first three months of 2022, ending a pandemic-era boom. Citi, Goldman Sachs, Morgan Stanley and Wells Fargo all announced large year-over-year profit declines in their first-quarter earnings reports Thursday, joining JPMorgan Chase, which announced Wednesday that its first-quarter profit fell 42%. Citi … Read more

How to spot bad money advice on social media

Photo of a young woman holding a can of drink taking a selfie against a brick wall adorned with neon logos.

Money advice is a pretty standard part of our feeds these days. Reddit is full of stock tips. Instagram is stacked with slides about saving and budgeting. And TikTok’s #moneytok has 11.8 billion views. According to a 2021 survey, 28 per cent of young Australians say they follow at least one “finfluencer” on social media … Read more