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🦘 CEOs Enjoying Astronomical Salary Increases, Australia Leads Crypto ATM Boom, Cheap Groceries To Tackle Food Waste
In a year where cost-of-living pressures have many Australians feeling the pinch, it seems the CEOs of major companies are living in a different universe. Recent reports reveal that CEOs now rake in an average of 50 times what a typical worker earns.
🦘 10 Highest Paying Jobs in Australia, Save On Your Woolworths Shop, Kmart’s Budget Brand Anko Spearheads Growth
Want to pocket over $200,000 a year? New data from SEEK unveils the top-paying gigs across Australia, and let’s just say, the numbers are eye-popping. Topping the charts are Psychiatrists with an average annual pay of $236,055.
🦘 Inflation Continues To Fall, Petrol Prices Getting Cheaper, Woolworths Strives To Battle Price Gouger Image
Australian inflation might be cooling off, but the RBA isn't going soft just yet. Fresh data for July shows inflation nudged down to 3.5% from 3.8% - still a hair above what the experts predicted.
🦘 Grocery Specials Incoming, GYG Shares Soar After Impressive Results, Lovisa Shares Tumble Despite Profits
Coles and Woolworths are coming to the rescue by slashing prices on over 800 essential items, right as they bask in the glory of their yearly profit reveals. Coles kicks off by trimming prices on 360+ goodies, from beef sizzle steaks to potato salads, with discounts sticking around for the next 12 weeks.
🦘 Home Loan Rate Cuts Begin, Employee Disengagement Concerning Aussie Businesses, ANZ In Hot Water From APRA
Westpac has just joined NAB in trimming interest rates on their fixed-rate home loans, and experts reckon more banks could follow suit. Looks like the RBA might potentially be ready to trim the official cash rate (most banks are predicting some time next year).
🦘 ASX & Aldi Hitting Impressive Streaks, Ever Increasing Cost of Retirement, Super Retail Group Shares Surge Despite Legal Claims
Jetstar Airways is facing a massive class action lawsuit for allegedly shortchanging customers on refunds for flights canceled during the COVID-19 pandemic. The legal smackdown, launched by Echo Law, claims that the low-cost airline pocketed millions by issuing travel credits instead of returning cash to hundreds of thousands of passengers.
🦘 Jetstar Hit With Class-Action Lawsuit, BOQ To Slash 600 Jobs, Wisetech Global Cross $1 Billion Mark
Jetstar Airways is facing a massive class action lawsuit for allegedly shortchanging customers on refunds for flights canceled during the COVID-19 pandemic. The legal smackdown, launched by Echo Law, claims that the low-cost airline pocketed millions by issuing travel credits instead of returning cash to hundreds of thousands of passengers.
🦘 The Multi-Billion Dollar Cost of Long COVID, Booktopia Resumes Trading Under New Ownership, CBA’s Environmentally Friendly Investment Strategy
It’s official – long COVID is making a sizable dent in Australia's finances. A new study has revealed that long COVID siphoned a whopping $10 billion from the economy in just one year!
🦘 Hiring Blitz Ahead Of Holiday Season, NAB Customers Struggle To Pay Mortgages, Tough Conditions for Aussie SMEs
Australia Post is gearing up to tackle the holiday rush, announcing a whopping 3,000 seasonal job openings across New South Wales, Victoria, and Queensland. With tasks ranging from parcel processing and deliveries to freight handling, it's a no-experience-required gig for many roles, although a license is needed for forklift and truck work.
🦘 Aussie Job Figures Beat Expectations, HECS Debts Get Trimmed Down, Government Secures All Rex Airlines Flights
It looks like Australia's job market has pulled a major rabbit out of the hat! In July, the country's employment figures smashed expectations, with a remarkable 58,200 job additions, mostly full-time roles.
🦘 ASX Sued By ASIC, CBA Reports $9.5 Billion Profit, Telstra And Optus Delay 3G Shutdown
ASIC has taken the gloves off, suing Australia's stock exchange giant, ASX, over its chaotic attempt to upgrade its CHESS clearing and settlement system. Back in 2016, the ASX dreamed big, partnering with New York’s Digital Asset Holdings to create a blockchain-based system set to revolutionize trading.