Facebook Marketplace is being flooded with scammers who are fooling Australians into handing over their hard-earned cash, and the value of losses incurred has tripled in just a year. News.com.au has spoken to a number of sellers who rely on the platform to offload household goods, furniture, second-hand clothing, artsContinue Reading
Australian bargain-hunters are being warned to take care when splashing their cash online, with a surge in the number of dodgy shops swiping credit card details and personal information. A sweep by a top online security firm has uncovered several thousand fake storefronts for countless iconic retailers, from shoemaker DocContinue Reading
The 11th executive of Andrew ‘Twiggy’ Forrest’s Fortescue Metals Group has made their way out the door, just days after chief executive Fiona Hick resigned. It was announced on Thursday that chief financial officer Christine Morris had left her position after just two months at the iron ore and cleanContinue Reading
Australian mining magnate Andrew Forrest has addressed his shock separation from wife of 31-years Nicola Forrest in his first interview since the couple announced their split in July. The Fortescue Metals Group boss, better known as ‘Twiggy’, was asked about his ex-wife and their separation in an interview on theContinue Reading
The Australian share market closed down on Friday, as yet another executive quit on mining billionaire Andrew Forrest, causing shares in his flagship company to take a hit. The S&P/ASX200 closed down 26.40 points, or 0.36 per cent, to finish the trading week on 7278.90. The turmoil in Mr Forrest’sContinue Reading
Australia’s richest man Andrew ‘Twiggy’ Forrest has thrown a wild desert party to mark the 20th anniversary of his mining company, complete with a private Jimmy Barnes concert and extravagant drone light show. Mr Forrest — who is Australia’s richest man with a net worth of about $35.21 billion —Continue Reading
Mike Cannon-Brookes, one of Australia’s richest men, has announced he is separating from his wife after more than a decade of marriage. The Australian Financial Review reported on Saturday the tech billionaire was separating from fashion designer Annie Cannon-Brookes. The couple married in 2010 and have lived with their fourContinue Reading
News of a shake-up in Australia’s economic management has been received well by the share market today. The announcement that Michele Bullock will replace Phil Lowe as governor of the Reserve Bank (RBA) left the ASX on a high at the close of the week. The ASX200 ended the weekContinue Reading
Iron ore baron Andrew Forrest says anyone who doubts the future prospects of hydrogen fuel-cell technology are “muppets” — including Tesla CEO Elon Musk. The founder and non-executive chairman of Fortescue Metals Group, known as Twiggy, has been pouring bucketloads of cash into green power. And he made it clearContinue Reading
One of Australia’s richest people has taken control of an ambitious green energy project after falling out with one of Australia’s other richest people. Mike Cannon-Brookes, the co-founder of software giant Atlassian, now runs the Sun Cable solar export project after a financial tussle with Andrew “Twiggy” Forrest who madeContinue Reading