Business
LatestAustralia is importing record amounts of butter at ‘eye-watering’ prices
In short: Australia imported a record 47,500 tonnes of butter last year, mostly from New Zealand. Global butter prices are at record highs, but opening milk prices for Australian dairy farmers are down. What's next? Rabobank is warning shoppers may need to brace for higher butter prices. Global butter prices have surged to record levels
Crime
LatestSOL Traders Push Positive Social Sentiment Up, With 6 Bullish Posts Vs 1 Bearish
Positivity has begun to build for Solana among investors, according to recent data from Santiment. According to the analysts, crypto social media has been abuzz with bullish posts regarding the Web3 ecosystem. For every single negative post about Solana, there were approximately 5.6 positive ones over the weekend. The uptick in sentiment may be due
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Wollongong gun shop owner Shane Simpson admits selling weapons to underworld figures
Wollongong gun shop owner Shane Simpson, who fraudulently on-sold hundreds of weapons over a five-year period, including one used in an alleged Sydney murder, says he "just wanted to make sure my family is going to be OK".
William West, 21, sentenced for coronavirus coughing stunt at Coffs Harbour Police Station
William West, 21, is sentenced over charges stemming from a "joke" that involved him falsely claiming to have COVID-19 and deliberately coughing on a 71-year-old police employee.
Woman ‘smoked cones’ after stabbing ex-boyfriend to death, Supreme Court hears
A 29-year-old mother has been jailed over the manslaughter of an ex-boyfriend in 2017. The sentencing judge said the victim "died a terrible, painful death."
Woman ‘smoked cones’ after stabbing ex-boyfriend to death, Supreme Court hears
A 29-year-old mother has been jailed over the manslaughter of an ex-boyfriend in 2017. The sentencing judge said the victim "died a terrible, painful death."
Union in push to end junior wages so workers get national minimum wage
Employers can pay youngsters aged below 21 less than the minimum wage. But some say it is not a fair deal and are pushing for equal pay.
Terms and conditions could be key to curbing financial abuse as businesses urged to step up
Manipulating an ex-partner financially online could soon lead to bans as more than 20 businesses move to update their terms and conditions in a pledge to better support victim-survivors.
Rising cost of living leaving many Canberra small businesses in a precarious position
The rising cost of living is taking a toll on Canberra small businesses, as increasing operational costs combined with customers spending less leaves many in a precarious position.
Rising cost of living leaving many Canberra small businesses in a precarious position
The rising cost of living is taking a toll on Canberra small businesses, as increasing operational costs combined with customers spending less leaves many in a precarious position.
Ancient Ethereum Whale Moves 7,000 ETH to Exchange Kraken
A crypto whale, active since Ethereum’s 2015 ICO, recently transferred 7,000 ETH valued at US$24 million. Initially, the whale purchased 254,900 ETH for just US$79,200, achieving an extraordinary 1,115,600% return due to a 76% price increase last year. ETH is expected to see substantial future inflows with the anticipated ETF approvals. What a rare sighting.
Queensland Small Business Commission report finds low appetite for innovation in state sector
Queensland's small business sector is characterised by low levels of innovation, risk-taking, and tech-savviness, the state's Small Business Commission finds.
What’s in the budget for businesses? A lot, for those who can engineer a $22.7 billion ‘Future Made in Australia’
The Albanese government is spending big on its ambition to engineer a "Future Made in Australia", while leaving some scraps for small businesses struggling with the here and now.
Regional WA businesses resorting to building or buying accommodation to house or attract staff
Businesses in regional Western Australia are calling for increased housing availability as employers and community groups look to build accommodation to attract staff.
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Sheep industry veteran says it’s time to move on from live export fight and focus on new markets
In short: A veteran of Western Australia's sheep industry says farmers should focus on new markets, not on fighting the live export ban. Rob Egerton-Warburton says while the fight has been gallant, the ban is now legislated and would take years to overturn, causing more uncertainty. What's next? The Kojonup farmer says the industry should
Ukraine says Russian troops loot, occupy Kherson homes in civilian clothes as battle looms
With a battle looming in Kherson, where the city has been starved of power, Ukraine accuses Russian troops of looting and occupying people's houses.
Woman stabbed to death in Townsville, police take man into custody
Detectives have arrested a 25-year-old man after his 44-year-old mother was stabbed to death in her home in Townsville.
BRRC Stormwater Infrastructure Upgrade Set to Commence
Council will shortly begin upgrading the existing stormwater infrastructure at the Byron Resource Recovery Centre (BRRC) in preparation for future weather events and to further future proof the facility. Danielle Hanigan, Manager Resource Recovery at Byron Shire Council, said that the project will initially involve upgrading the drains and swales on the northern and western
‘Really damaging’ if Philip Lowe were reappointed as Reserve Bank governor, economist says
The treasurer will soon announce the fate of the RBA governor and economists are split over whether Philip Lowe should stay until rates settle or make way for new blood to guide the bank through turbulent economic times ahead.
Penola Riddoch Highway bypass still generating debate four years after opening
It has been four years since a contentious bypass directed trucks away from Penola, opening just before COVID-19 border restrictions in a double whammy that led to lost trade for businesses, but locals say the town is bouncing back.
Tasmanian social enterprise engages teenagers in science and business through beauty products
When Kirsha Kaechele randomly surveyed a group of teenagers about their interests, she was surprised to hear "beauty" topped their lists. It inspired her to build a lab that teaches science through beauty products.
WA police say fire that caused $1 million in damage near Palmer may have been arson
Police are investigating the cause of a blaze in Palmer, two hours south-east of Perth, which tore through 300 hectares of land during hot and windy conditions.
WA teacher Nicholas Visser jailed for sexual abuse of teenage girl
Nicholas Visser first contacted the girl on the social media app Snapchat, then told an internal school investigation the friend request was a mistake he made after a night of drinking.
Trump-Backed DeFi Project World Liberty Financial to Launch WLFI Token Sale
World Liberty Financial (WLF) launches its WLFI token sale on October 15, targeting US$300M and a valuation of US$1.5B. The sale is open to accredited and qualified investors, with 63% for public sale, 17% for rewards, and 20% for the team. WLF aims to promote crypto adoption with several DeFi services and products, starting with
Read MoreElon Musk-Themed Telegram Game ‘X Empire’ Will End Season a Week Before Airdrop
Haven’t we heard this one before? After previously announcing the end to its original mining phase, then delaying the airdrop and launching a new “Chill Phase” mini-season to fill the gap, the developers of Telegram crypto game X Empire have once more announced the impending end of gameplay ahead of the planned airdrop. On Friday
Read MoreUp to $1.3 Billion in Ethereum From PlusToken Ponzi Scheme Set to Hit Exchanges: Analysts
As much as $1.3 billion worth of Ethereum seized from the PlusToken Ponzi scheme could soon be transferred to cryptocurrency exchanges for sale, according to on-chain data. OXT Research’s pseudonymous analyst Free Samourai indicated in a tweet Wednesday that some of these funds have already been sent to exchanges including BitGet, Binance, and OKX. The
Read More7 Best Free Games to Play on Sony PS5
Looking for some great games to play on your PlayStation 5 without paying a dime? Here are our favorite PS5 freebies right now. By Eric Frederiksen Oct 13, 2024 5 min read Image: The Finals Video game consoles are expensive. To take home a PlayStation 5, you’re looking at $450 for the minimum point of
Read MoreProfessor Coin: How Do You Price Cryptocurrencies Like Bitcoin and Ethereum?
Professor Andrew Urquhart is Professor of Finance and Financial Technology and Head of the Department of Finance at Birmingham Business School (BBS). This is the third installment of the Professor Coin column, in which I bring important insights from published academic literature on cryptocurrency to the Decrypt readership. This week we’ll delve into how to
Read MoreSEC Taking Wrong Approach to Regulating Crypto Industry As Gary Gensler Directs Agency Agenda: Commissioner
A commissioner of the U.S. Securities and Exchange Commission (SEC) says the agency is being steered in the wrong direction in terms of crypto regulation. In a new interview with Fox Business, SEC Commissioner Mark Uyeda says that Chair Gary Gensler has influence over the overwhelming majority of SEC employees and that the regulatory agency
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