business

Off the boil: Rate rises begin to cool Adelaide’s hot house market

The Adelaide housing market is the nation’s strongest but is showing signs of a slowdown, with more than 50 suburbs decreasing in value in the past three months. Image: Tom Aldahn/InDaily PointData analysis for the three months to June show that 59, or 16 per cent, of the 359 Adelaide suburbs it listed had a …

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Air New Zealand to install world-first economy bunk beds on long-haul flights | New Zealand

Air New Zealand will soon allow economy passengers to lie down and take a nap in communal, bunk bed-style sleeping pods on its planes, as it attempts to entice passengers on to its more than 17-hour ultra-long-haul flights. In what the airline says will be a world first when its new cabins are installed by …

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I loved this ASX share a year ago, and it’s still my long-term pick: expert

Image source: Getty Images Ask A Fund Manager The Motley Fool chats with the best in the industry so that you can get an insight into how the professionals think. In this edition, Datt Capital principal Emanuel Datt explains why one particular ASX share remains his best pick to hold for many years. The ASX …

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NSW: Massive price hikes in public transport, tolls, electricity and phone bills

One state has been rocked by surging costs of living, as public transport, tolls, electricity and phone bills increase. Hundreds of thousands of NSW residents are set to face ballooning bills on public transport, tolls, and electricity amid surging prices for groceries, petrol and rent. Public transport fares in the state will increase on average …

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Office worker leaves angry note on huge watermelon in fridge

An office worker had a furious reaction after seeing something in the communal fridge they deemed unacceptable for the shared space. An irate worker has made their unsavory feelings about a peculiar office act known in a massive letter displayed inside the fridge for all to see. The furious letter, typed in capital letters and …

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Volt retains Rothschild for closing down sale, phones run hot

Everything at Volt is likely to be up for grabs. The company built a BaaS platform that allowed platform partners to embed Volt’s banking services into their own apps and websites, and was perhaps best known for a credit lending system that could punch out 15-minute mortgage approvals. Volt already had mortgage origination arrangements with …

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Second big bank follows CBA with hefty interest rate rise

Live A second big bank has joined the Commonwealth in slugging borrowers with a hefty interest rate rise. Australia’s third largest lender, NAB, followed CBA on Friday, hiking fixed rates for owner-occupiers and investors by up to 1.10 percentage points. It followed Commonwealth’s move on Thursday to lift its fixed rates in all categories by …

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Interest rates: Green banking can help lower mortgage repayments

A new banking trend could help you save more than $6000 on your yearly mortgage repayments – and cut down your bills too. Here’s what you need to know. With the interest rate rising, repaying your mortgage or financing to build your dream home can be incredibly expensive, but the numbers show “green banking” home …

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Unity fires 200 workers just weeks after promising no lay-offs

A major gaming company has fired about 200 workers, just weeks after the CEO pledged there would be no lay-offs. Unity, one of the major supporting companies for the games industry, has fired about 200 employees. The mass sacking comes weeks after the CEO pledged not to lay-off anyone The news broke via anonymous posts …

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