Aussie company’s staggering $240m loss
Rising interest rates, a blow out in losses and a lack of cost control could be “baking” in a “disaster” for this well known Aussie firm.
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Boomer’s spectacular interest rate rant
A Boomer has hit out at one of Australia’s big four banks for causing customers a “huge” amount of financial pain, while it rakes in record profits.
Fast food chain suffers $1.5b wipe-out
Its CEO admitted that an “embarrassing” move backfired for the company as it hiked up prices to cover inflation, which ultimately scared away customers.
Shock email from Victorian real estate agent
A Melbourne mum was forced back into the “ridiculously” brutal rental market again – her seventh time in six years — and its cost her a lot.
Chilling warning nobody wants to hear
With four more interest rate hikes predicted to come, Australia could well be heading for recession and families will suffer.
Aussie workers get 20% pay rise
Staff were complaining to their boss about rising rents and other skyrocketing cost of living expenses, so he decided to do something about it.
Collapsed company slapped with $15m fine
A Federal Court judge has dished out one of the biggest fines for corporate misconduct and described the firm as the “unacceptable face of start-up capitalism”.
‘Crying’: Aussie dad loses life savings
A single dad from Queensland has been caught up in a scam that turned his life upside down when he lost $30,000, including all his super.
Zuckerberg’s controversial new move
Despite slashing 11,000 roles from the company last year, the founder of Facebook has been given millions more to cover his personal security.
Another Aussie firm slashes jobs
Worsening financial conditions are seeing more roles being slashed at Australian firms, with one major company that was advertising 1200 jobs last year set to make cuts.
Original URL: https://www.news.com.au/the-team/sarah-sharples/page/30