Air Jordans made for Spike Lee and donated to Oregon shelter auctioned for nearly $51,000

Air Jordans made for Spike Lee and donated to Oregon shelter auctioned for nearly ,000

PORTLAND, Ore. — Watching a countdown of the auction’s final minutes on Monday, Erin Holcomb couldn’t believe it: the sale price kept jumping for the rare, gold Nike Air Jordan 3s that were anonymously dropped in the donation chute of the Oregon shelter where she works in Portland. “In the last five minutes it went … Read more

West Australian building company Modco Residential enters voluntary administration

West Australian building company Modco Residential enters voluntary administration

West Australian building company Modco Residential has entered voluntary administration, blaming rising costs and the media for its downfall. The WA building regulator, Building and Energy, warned the public to be “cautious” when dealing with the company because it had significant reason to believe it was under financial stress, with several court cases launched against … Read more

Ella Bache stores in Brisbane closed by franchisee, blaming ‘COVID impacts’

Ella Bache stores in Brisbane closed by franchisee, blaming ‘COVID impacts’

An Ella Bache franchisee says “COVID impacts” have contributed to her decision to close her stores. Roslyn Rudd announced the closure of her beauty therapy salon in Logan Hyperdome this month on Instagram, following her decision to shut her Toowong franchise in Brisbane in 2021 due to similar reasons. “To all our valued clients, we … Read more

ING removes international ATM operator fee rebate from August 1

ING removes international ATM operator fee rebate from August 1

Australian ING customers heading abroad will notice a change in the amount of money they get back in overseas fee refunds, as the bank scraps its international ATM operator fee rebates. ING announced earlier this year it would no longer be offering up to five rebates a month of international ATM operator fees from August … Read more

China approves 105 online games after draft curbs trigger massive losses

China approves 105 online games after draft curbs trigger massive losses

BANGKOK — China’s press and publications authority has approved 105 new online games, saying it fully supports the industry after proposed curbs caused massive losses last week for investors in major games makers. The National Press and Publication Administration issued a statement on its WeChat social media account Monday saying the approvals by the Game … Read more

Roche enters obesity market with Carmot takeover

Roche enters obesity market with Carmot takeover

BRAZIL – 2021/11/26: In this photo illustration a F. HoffmannLa Roche AG logo is seen on a screen and a hand holding a pill. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Swiss pharmaceuticals giant Roche is set to acquire anti-obesity drug developer Carmot Therapeutics, becoming the … Read more

NAB bank increases fixed rates for the second time in a week ahead of Reserve Bank of Australia decision

NAB bank increases fixed rates for the second time in a week ahead of Reserve Bank of Australia decision

One of Australia’s biggest banks has increased its fixed rates for borrowers for the second time in just over a week. NAB on Friday announced it would increase the fixed rates for owner-occupiers and investors by up to 0.20 per cent. Those increases follow similar hikes last Friday, resulting in some rates increasing by up … Read more

Thousands of Victorians owed $109 million in unclaimed money

Thousands of Victorians owed 9 million in unclaimed money

More than $100 million is owed to Victorians and they might not even know it. Victorians have been encouraged to go online to check whether they are among thousands entitled to $109m in unclaimed money lodged with Victoria’s State Revenue Office (SRO). The office holds records of money that are unclaimed after 12 months, including … Read more

Interest rates RBA today: Reserve Bank of Australia makes major call on cash rate in August decision

Interest rates RBA today: Reserve Bank of Australia makes major call on cash rate in August decision

Australian mortgage holders can breathe a sigh of relief with the Reserve Bank holding steady on interest rates in consecutive months for the first time in more than a year. The RBA board met on Tuesday and decided not to hike the cash rate, mirroring the July decision. WATCH THE VIDEO ABOVE: New data shows … Read more

Woolworths supermarket wage scandal as chain accused of underpaying more than $1 million in long service leave

Woolworths supermarket wage scandal as chain accused of underpaying more than  million in long service leave

Woolworths faces more fines related to payroll errors, with Wage Inspectorate Victoria alleging the supermarket giant underpaid more than $1 million in long service leave to 1235 former employees. Wage Inspectorate Victoria on Wednesday said it had filed more than 1000 charges against Woolworths Group and its subsidiary Woolstar in the Magistrates’ Court of Victoria. … Read more