Amid a cost-of-living crisis, Australians are earning up to $4000 a month in supplementary income through side hustles on online marketplaces such as Airtasker. Among them is Frank Hoyt, 40, a panel-beater by trade, who travels around Australia fixing hail-damaged cars. But as his day job slows he has turned to Airtasker, where he earns … Read more
Australia’s cheapest supermarket has scrapped plans to expand into online shopping. While rumours have swirled for some time that ALDI is planning to take on grocery giants Woolworths and Coles in the online shopping space, a spokesperson told 7NEWS.com.au the chain was focussed on keeping prices in-store as low as possible. “While we are always … Read more
A uni dropout who is now worth millions has revealed how she signed a six-figure deal with Australian retail giant JB Hi-Fi. Madi, 23, who previously shared her business story with 7Life, from Melbourne, started her reusable film camera brand 35mm Co four years ago. When she was studying a bachelor’s degree in business majoring … Read more
Cash may no longer be king but an unprecedented global outage has put paid to the idea Australia will do away with paper notes and coins anytime soon. Banks, airlines, supermarkets, media organisations and retailers were unable to operate on July 19 after an outage triggered by major cyber security firm CrowdStrike releasing a Windows … Read more
Centrelink recipients heading overseas have been reminded to loop the government in on their plans. “There are rules covering how travelling outside Australia may affect your payment or concession card,” Centrelink said. “These depend on the payment or concession card you get. Know the news with the 7NEWS app: Download today “When you leave Australia, … Read more
Markets regulator Sebi has validated a well-known secret on Dalal Street – most retail intraday traders don’t make money. According to a study by Sebi, 71% of individual traders in intraday equity segment incurred losses during FY23, up from 65% in FY19 and 69% in FY22. Not just that, the more you trade intraday, the … Read more
A company which ran wealth seminars, courses and mentoring programs has been slammed by the federal court for touting misleading information. Master Wealth Control Pty Ltd — or, DG Institute — was on Monday ordered to pay millions in penalties and refunds through a redress scheme to its formerly enrolled students. Well over 3000 students … Read more
A young entrepreneur has revealed how she managed to accumulate £12,000 to kick-start her own fashion brand – which is now valued at a staggering £5m. Aimee Smale launched her brand Odd Muse in 2020 while working remotely during the Covid lockdown – and it’s been an upward trajectory ever since. In a candid chat … Read more
Taxpayers are being reminded the Australian Taxation Office (ATO) will siphon money from their tax returns to pay off any outstanding Services Australia debts. Even those people who have existing repayment arrangements with Services Australia could discover a chunk of their tax return missing. “If you have an outstanding debt with us, we may take … Read more
On Friday, when a CrowdStrike update caused millions of Microsoft systems to crash around the world, many businesses were faced with a choice: Go cash-only, or close until systems came back online. This quickly caused chaos in Australia, whose government has explicitly encouraged businesses to go cashless. Pictures posted on social media showed card-only self-checkout … Read more
