Category: Business

Central Queensland business owner Karla Way-McPhail is looking for 80 new employees, but a nation-wide worker shortage means she is struggling to find anyone. “Coal miners, we’re certainly looking for people in the hospitality industry, we’re looking for trainers, we’re definitely looking for baristas,” Ms Way-McPhail said. It’s an increasingly common situation for many businesses...

Telstra has announced a shake-up of its mobile plans that target families with multiple services. The new bundle plans are available for customers with at least one service on an eligible ‘upfront’ mobile plan, with individual SIM cards that allow for additional devices. Customers are able to add up to five of these new bundle...

Crypto exchange Huobi can begin offering cryptocurrency exchange services in Australia after its registration as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC) on Aug. 1. This means Huobi can now offer fiat to cryptocurrency trading services in the country. Cointelegraph has reached out to Huobi to ascertain whether...

Steve Vallas, the CEO of Blockchain Australia, has announced via a LinkedIn post that he will step down from his position, leaving the company without an immediate replacement. Vallas will officially depart Blockchain Australia on July 29, after originally declaring he would step down as CEO in a LinkedIn announcement posted three months ago. In...

ANZ Bank has agreed to buy Suncorp’s banking arm for almost $5 billion, as the big four bank seeks to expand its growth. Under the deal, ANZ has committed to not shut any Suncorp branches in Queensland or cut jobs in the state for at least three years, with employees told “business as usual” will...

Whether they love ’em or hate ’em, it’s clear Australians are highly curious about non-fungible tokens after ranking eighth globally for NFT interest according to an analysis conducted by online lender CashNetUSA. Based on Google search volume and Twitter sentiment collected in March 2022, the analysis identified that Singaporeans were most likely to search for...

Australian shares have risen sharply after falling for three consecutive sessions, as energy and banking stocks rally, with investors awaiting another potential interest rate hike by the Reserve Bank to tame runaway inflation. The ASX 200 closed up 73 points or 1.1 per cent, to 6,613. Meanwhile, the Australian dollar was up, at 68.31 US...

Caroline Malcolm, the Australian-born head of international policy at crypto security firm Chainalysis, believes the federal government will soon introduce regulatory reforms to offer everyday Australians a higher level of consumer protection. Regulations Likely Within Next Year The former head of the OECD’s global blockchain policy centre told attendees at the Chainalysis LINKS conference in...

Bitcoin plunged to about $17,749 and ether fell to about $897 at around 4:15 E.T. on Saturday afternoon, as the sell-off in the crypto market accelerates. The world’s two most popular cryptocurrencies are down more than 35% in the past week, as both breach symbolic price barriers. Bitcoin bounced back to around $18,955 and ether...

Jack Dorsey is not a supporter of Web3. In the past, Dorsey, alongside Elon Musk, has mocked the Web3 sector, saying that it does not focus on decentralization as its proponents claim. According to the former Twitter CEO, Web3 is owned by venture capital firms. Dorsey has now turned his attention towards Web5. TBD, a...