Welfare recipients are in line for a $40-a-fortnight boost with parliament passing the increase, despite calls for the rise to be higher as the nation deals with a cost of living crisis. Australians with no children on JobSeeker can expect to get about $749 a fortnight, up from just over $693, under the changes from … Read more
Popular Australian protein bar company Bounce Foods has found a new buyer after the company entered voluntary administration last month. Protein fanatics were heartbroken to hear the news that on July 14 administrators were appointed to Natural High Co Pty Ltd trading as Bounce Foods. John McInerney and Philip Campbell-Wilson of Grant Thornton were appointed … Read more
Remember that era where tons of companies tried to convince us that rentable electric scooters were the future of transportation? The two-wheeled menaces started popping up on city streets like a micromobility plague, becoming the favored mode of travel for drunk folks in cities. But that dream has died. Bird Global, one of the most … Read more
Cash-strapped businesses are buckling under pressure from the Australian Taxation Office and other creditors as the insolvency trickle turns into a “surge”. That’s the verdict from comparison site Insolvency Australia, which found the number of businesses going bust has risen significantly in the past year. Companies appointing administrators, liquidators and insolvency firms increased by 57 … Read more
A South Australian builder has been placed into administration, leaving dozens of customers with unfinished home builds. Consumer and Business Services stripped 7 Star Construction of its licence earlier this month after dozens of complaints over substantial delays and the quality of work being done. The company, owned by Qamil Veseli, has 27 unfinished homes … Read more
The U.S. Food and Drug Administration said it has seized “thousands of units” of counterfeit Ozempic, the diabetes drug widely used for weight loss, that had been distributed through legitimate drug supply sources. The FDA and the drug’s maker, Novo Nordisk, are testing the shots. They do not yet have information about the drugs’ identity, … Read more
Many households are on the verge of abandoning their home insurance policies, as new research has found about 1.24 million Australians are facing insurance affordability stress. It comes off the back of home insurance premiums having risen 28 per cent, or $414, to $1894 in the past 12 months, being the biggest hike in two … Read more
Saturday night’s game between the Buffalo Bills and Los Angeles Chargers already carried significance as the first NFL game to be exclusively streamed on Peacock. The matchup will also feature another milestone as NBC and the NFL announced Thursday morning that the fourth quarter will be commercial free for the first time. NBCUniversal says there … Read more
The FDA approves Eli Lilly’s Zepbound, a weight loss drug similar to Ozempic and Wegovy. Courtesy: Eli Lilly Eli Lilly on Tuesday said its recently approved weight loss treatment Zepbound is now available at pharmacies across the U.S., serving as an alternative to rival obesity drugs such as Wegovy that are facing supply issues. Zepbound … Read more
Image: Michigan Michigan Governor Gretchen Whitmer has long been a friend of the auto industry, pushing annual proposals for incentives and rebates into the state budget every year. Her most recent proposals have set aside $50 million to assist Michiganders in purchasing electric or hybrid vehicles. As both have been pushed aside by conservative state … Read more
