Major firm slashes valuation by $45b
A business that boasts clients including Amazon and Google and was the darling of the tech world has suffered a huge drop in its valuation.
A business that boasts clients including Amazon and Google and was the darling of the tech world has suffered a huge drop in its valuation.
With the global economy shaken by the collapse of a big US bank, one of Australia’s big four have revealed what’s going to happen next with interest rates.
Millennials and Gen Z have lashed a government for a move that would see them working horrendously long hours.
Prices of essential items including food have doubled in just a year with warnings that people are dying of “hunger” as the cost rises engulfs this country.
Australia’s biggest bank has been criticised for conducting secret surveillance on staff in a move that has been labelled as “unacceptable”.
A Victorian family with a newborn were forced to make tough decisions between paying the rent and buying food – plunging them into a “ruthless” debt situation.
A Melbourne man who was saving up for his dream home since he started working at Subway feels like he lost “everything in a split second”.
Rising costs across the country are hitting people hard, and it means some are selling off designer handbags and exclusive sneakers to raise extra cash.
The biggest bank failure since the GFC sent shockwaves around the globe but there’s an Aussie firm that could be a big winner from the fallout.
Just as Australia and many other nations move closer towards the idea of a four-day working week – one nation is going in a radically different direction.
Original URL: https://www.news.com.au/the-team/sarah-sharples/page/27