Bloomberg/Contributor | Bloomberg | Getty Images Shares of Australia’s Santos jumped to a five-week high on Friday on news the company is in talks to merge with Woodside Energy. Santos and Woodside Energy, two of Australia’s largest oil and gas producers, have opened talks to discuss a potential merger in what could create an 80 … Read more
The average household is saving thousands of dollars each year on their power bills with rooftop solar and battery storage. Households can save between $822 and $1350 on their power bills if they have rooftop solar and this jumps to between $1322 and $2252 if households have an 8.5kWh battery, government analysis shows. An 8.5 … Read more
Planning a vacation? Here are the countries that pose the maximum risk for travelers in 2024 — and also the ones that are the safest — according to International SOS. The risk assessment firm, in its 2024 Risk Map, has ranked these countries based on several metrics, including security, medical dangers as well as the … Read more
The Reserve Bank of Australia has resumed hiking interest rates after holding steady for the past four months, piling on financial pressure for mortgage holders. The RBA met on Tuesday and chose to hike the cash rate by 25 basis points to 4.35 per cent. WATCH THE VIDEO ABOVE: Economists share RBA cash rate predictions … Read more
CANBERRA, Australia (AP) — A cruise operator that failed to cancel a voyage from Sydney that led to a major COVID-19 outbreak was ruled negligent in its duty of care to passengers in an Australian class-action case Wednesday. The Ruby Princess ocean liner left Sydney on March 8, 2020, with 2,671 passengers aboard for a … Read more
A major overhaul of the nation’s fixed-term contract rules will provide vital protection against exploitation for close to 400,000 Australian employees, experts say. Under new rules, which will apply from Wednesday, December 6, workers will be prohibited from being employed on a fixed-term contract (FTC) for more than two years. Employers will also be forbidden … Read more
The Reserve Bank of Australia has decided to hold interest rates steady this month, giving mortgage holders much needed relief just weeks out from Christmas. The RBA board met on Tuesday and chose to hold the cash rate steady at 4.35 per cent. WATCH THE VIDEO ABOVE: Reserve Bank gifts Australians some Christmas relief with … Read more
