Businesses and individuals could face fines of up to $25,000 if they refuse cash transactions

Businesses and individuals could face fines of up to ,000 if they refuse cash transactions

Businesses could face fines of $25,000 if they refuse cash, under a bid by a former Nationals MP to secure more freedom for consumers. Andrew Gee is behind a Private Member’s Bill that would force individuals and businesses to accept cash payment or face heavy penalties. But the Bill, introduced to federal parliament on Monday, … Read more

Minimum wage boost unlikely to worry Reserve Bank but business groups says it means more pressure on small businesses

Minimum wage boost unlikely to worry Reserve Bank but business groups says it means more pressure on small businesses

A pay bump for the lowest-paid workers is unlikely to throw the Reserve Bank of Australia’s inflation fight off course after landing broadly in line with economists’ expectations. Millions of workers on minimum and award wages will get a 3.75 per cent pay rise from July following the Fair Work Commission’s annual decision. Based on … Read more

Tesla Investor Sues Elon Musk Over Alleged $7.5 Billion Insider Trading

Tesla Investor Sues Elon Musk Over Alleged .5 Billion Insider Trading

Good morning! It’s Monday, June 3, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla’s Cybertruck Has Finally Arrived 1st Gear: Elon Musk Accused Of Insider Trading It never rains, but it … Read more

Banker blocks Aussie from transferring $100,000 for new car after spotting ‘big issue’

Banker blocks Aussie from transferring 0,000 for new car after spotting ‘big issue’

A Queensland woman narrowly avoided losing her life savings in a scam that cost Australians almost $100 million last year. Rebecca (name changed for privacy) visited the NAB branch in Kingaroy, northwest of Brisbane, in early May to transfer $100,000 for a new car. But holes quickly appeared in the sale, with a banker spotting … Read more

Millions of Australians to get increased pay cheques as Fair Work Commission unveils rise to Australia’s minimum wage

Millions of Australians to get increased pay cheques as Fair Work Commission unveils rise to Australia’s minimum wage

Millions of Australians on award and minimum wages will get a boost to their pay cheques, with the Fair Work Commission announcing a 3.75 per cent increase, effective from July 1. The annual wage decision from the workplace umpire was broadcast on Monday and comes at a time when cost-of-living pressures are lingering and hurting … Read more

Fair Work Commission set to unveil increase to Australia’s minimum wage

Fair Work Commission set to unveil increase to Australia’s minimum wage

Millions of Australians on award and minimum wages are poised to learn how much more money will land in their bank accounts each pay cycle. The annual wage decision from the workplace umpire will be broadcast on Monday and falls at a time when cost-of-living pressures are lingering and keeping pressure on the lowest-paid workers. … Read more

Elon Musk’s $56 Billion Tesla Pay Package Is An Uphill Battle He Is Going To Fight

Elon Musk’s  Billion Tesla Pay Package Is An Uphill Battle He Is Going To Fight

Good morning! It’s Thursday, May 30, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Walter Isaacson On Elon Musk(s) 1st Gear: Elon’s Tesla Pay Package Faces A Ton Of Legal Hurdles In … Read more

Know Your Fund Manager | Sanjay Chawla, CIO – Equity, Baroda BNP Paribas Mutual Fund

Know Your Fund Manager | Sanjay Chawla, CIO – Equity, Baroda BNP Paribas Mutual Fund

Let’s start with your personal story I come from a family of engineers and I surprised my parents by not pursuing my engineering academic learnings professionally. I completed my Master of Management Studies (MMS) from the BITS, Pilani. My college is renowned for its rigorous academic programs and emphasis on both theoretical and practical knowledge, … Read more

What The Hell Is Fiat Thinking With These New 500e Lease Prices?

What The Hell Is Fiat Thinking With These New 500e Lease Prices?

I’m a fan of little funky cars, so I was stoked when I learned that Fiat was bringing its new 500e to the United States. For a company whose only other offerings are leftover 2023 model year 500X crossovers, you’d think Fiat would lay down some good deals on the tiny new electric 500 to attract … Read more

HECS indexation to apply from Saturday, meaning hike to anyone with an outstanding debt

HECS indexation to apply from Saturday, meaning hike to anyone with an outstanding debt

Millions of Australian students with an outstanding HECS debt will see an increase in the amount of money they owe when the second-biggest indexation to their student debt is applied on Saturday. Anyone who has an unpaid loan on June 1, will see their debt increase by 4.7 per cent. According to the Federal Government, … Read more