Can you abstain from alcohol for a month? That is the core question of the Canadian Cancer Society’s Dry Feb, a fundraising campaign challenging Canadians to hold off on consuming their favourite alcoholic beverages for a month, while raising funds for cancer research. With campaigns such as Dry Feb and Dry January, and the growing … Read more
Japan’s retail investors are pouring money into Indian stocks amid bets the nation will be the next China. Total assets of India equity-focused investment trusts in Japan grew 11%, or ¥237 billion ($1.6 billion), in January, according to data compiled by Bloomberg. Factoring in the gains of Indian stocks on the yen basis last month, … Read more
A NSW push to poach interstate essential workers has been dismissed by South Australia as a desperate effort to fill the more populous state’s skill “chasms”. The Make the Move Campaign is aimed at boosting the number of essential workers in regional NSW by spotlighting the stories of nurses, police, teachers, firefighters and midwives who … Read more
When a “peckish” Perth man popped into a petrol station for a bottle of water and a chicken and vegetable pie, he was handed $9 in change, but quickly noticed it was worth much more. The $2 coin in the palm of Joel Kandiah’s hand, which can fetch up to $110, was enough to stop … Read more
NAB is set to continue closing down its branches across the country, with 13 on the chopping block this year. The branch said the decision was “difficult” but that it was made due to changing customer banking habits. “With more customers choosing to bank online, over the phone, or by video, and because fewer customers … Read more
The peak Australian community services body says JobSeeker and related government payments must be “urgently raised and without further delay” following the announcement that an additional $115 million in funding will be committed to cost-of-living support services over the next five years. Beneficiaries of the funding include emergency relief organisations, financial counselling and other hardship … Read more
A Tasmanian couple has been saved from an online investment scam by their bank teller, who refused to allow the couple to transfer $40,000 from their account. The request immediately set off alarm bells for Erin Bugg, a customer adviser at NAB Bank. The couple told her they had tried to transfer $40,000 — the … Read more
The TVS Motor stock is trading at 35 times its one-year forward earnings, compared with the long-term average of 28 times. Synopsis A better product mix and a judicious call on staying away from EV scooter discounting should fatten margins. The maker of Apache expanded its margins by 114 basis points on a year-on-year basis … Read more
Anthony Albanese has ruled out an increase to welfare payments in exchange for crossbench support to ensure the passage of the government’s proposed changes to stage three tax cuts. Under a reworked scheme unveiled by the prime minister on Thursday, anyone earning less than $150,000 will receive a larger tax cut while those earning more … Read more
While day-to-day banknote use is declining, a new report has revealed the most popular (and surprising) way Australians still use their cold, hard cash. The Reserve Bank of Australia’s (RBA) Understanding the Post-pandemic Demand for Australia’s Banknotes revealed the value of banknotes in Australia grew by 22 per cent, or $19 billion, during the pandemic. … Read more
