Business

Cash no longer available over the counter at some Commonwealth Bank branches in Sydney, Melbourne and Brisbane

by
Cash no longer available over the counter at some Commonwealth Bank branches in Sydney, Melbourne and Brisbane

Cash is no longer available over the counter at a number of Commonwealth Bank locations across the country, where new Specialist Centres are now focussed on “more complex banking needs”. Customers can withdraw or deposit cash at on-site ATMs instead. WATCH THE VIDEO ABOVE: Commonwealth Bank makes major change to over-the-counter cash withdrawals. The Specialist … Read more

Pfizer to discontinue twice-daily version of weight loss pill

by
Pfizer to discontinue twice-daily version of weight loss pill

Pfizer on Friday said it would stop developing the twice-daily version of its experimental weight loss pill after obese patients taking the drug lost significant weight but had trouble tolerating the drug in a mid-stage clinical study.  The drugmaker observed high rates of adverse side effects, which were mostly mild and gastrointestinal, among patients. A … Read more

Popular Australian protein ball company Bounce Foods enters voluntary administration

by
Popular Australian protein ball company Bounce Foods enters voluntary administration

Popular Australian protein bar company Bounce Foods has entered voluntary administration. Known for their range of “protein balls”, the company was founded in 2004 and was one of the first Australian companies to specialise in high-protein snacks. However, documents published by the Australian Securities and Investments Commission (ASIC) last Friday revealed Natural High Co Pty … Read more

National unemployment rate hangs on at 3.5 per cent, fuelling fears Reserve Bank will keep hiking interest rates

by
National unemployment rate hangs on at 3.5 per cent, fuelling fears Reserve Bank will keep hiking interest rates

The resilience of the jobs market continues to beat expectations and keep pressure on the Reserve Bank to lift interest rates even further. The official labour force data showed the unemployment rate hanging on at 3.5 per cent in June, after the May result was revised down. WATCH VIDEO ABOVE: Latest job figures could mean … Read more

Bad news for alcohol drinkers as tax on spirits set to rise

by
Bad news for alcohol drinkers as tax on spirits set to rise

Drinkers are facing another hike in the cost of liquor, with Australia’s tax on spirits set to tip over the $100 per litre mark for the first time. Already paying some of the highest taxes on spirits in the world, Australians are being warned to expect further cost increases. WATCH VIDEO ABOVE: Bad news for … Read more

Lucid Aims To Debut $50k Competitors For Tesla Model 3, Model Y

by
Lucid Aims To Debut k Competitors For Tesla Model 3, Model Y

Last month American startup Lucid debuted the Gravity, its first entry in the hotly contested three-row SUV segment and an important model for the brand that currently only builds the Air luxury sedan. Speaking with Autocar in a new interview, Lucid CEO Peter Rawlinson says the company’s next focus is on two mainstream models that will … Read more

More people using Buy Now Pay Later services for essentials including food and petrol

by
More people using Buy Now Pay Later services for essentials including food and petrol

More people are being forced to use buy now pay later services to pay for basics such as food and petrol, as the cost of living and inflation continue to rise. A new survey of financial counsellors found more than 80 per cent said clients were using buy now pay later for general retail. However, … Read more

‘Ripped off’: The devastation left among Aussie venues after the Karen’s Diner’s collapse

by
‘Ripped off’: The devastation left among Aussie venues after the Karen’s Diner’s collapse

“Don’t get me started on Karen’s Diner … Karen’s Diner behaved like total Karens.” Andy Pobjoy, one of the owners of Piano Bar Geelong, has bitten his tongue until now about his experience working with Karen’s Diner. WATCH THE VIDEO ABOVE: Karen’s Diner closes three stores. Pobjoy is just one of the people involved in … Read more

This Is The Best Car Buying Advice From Jalopnik’s Own Car Buying Expert

by
This Is The Best Car Buying Advice From Jalopnik’s Own Car Buying Expert

Photo: Mario Tama/Getty Images (Getty Images) Photo: Tom McFarland The internet has changed the way cars are bought and sold. It’s now a lot easier to figure out who has the best deal on a new car, but used cars are more complex. A lot of buyers get frustrated when they run into walls asking … Read more

Pfizer weight loss pill joins list of obesity drug flops

by
Pfizer weight loss pill joins list of obesity drug flops

Sopa Images | Lightrocket | Getty Images Pfizer’s twice-daily version of its experimental weight loss pill has now joined a long list of other scrapped drugs that aimed to treat obesity but came with unintended consequences.  The drugmaker on Friday said it will stop developing the twice-daily treatment, danuglipron, after obese patients taking the drug … Read more