Australians are spending more than ever on plastic as the use of cash plummets, prompting banks to close branches and some to eliminate the use of physical currency entirely. Analysis of transaction trends by the Australian Banking Association (ABA) for the year ending March 2024 found spending on debit cardsContinue Reading
A landmark change to Australian workers rights could have a major impact on the thousands who work from home, according to an expert. From August, Australians working at large organisations will be legally protected against answering calls, texts and emails from their bosses after hours deemed “unreasonable” when it comesContinue Reading
When Jasmine* was suddenly struck down with a severe health issue that could’ve taken her life, the young woman’s first thoughts weren’t about family or friends. It was all about work and how quickly she could get back to the office, even though she was in the intensive care wardContinue Reading
It’s no secret that shoppers have been fed up with the rising cost of living – particularly with groceries – in Australia, but now Woolworths has vowed to drop the price on hundreds of products. From today, the Aussie supermarket giant is slashing the price on more than 400 everydayContinue Reading
Keeping cash costs every customer around $40 per year even though many no longer use physical currency, CommBank’s chief executive says. Appearing before a Senate inquiry into regional bank closures at Parliament House in Canberra on Wednesday, Matt Comyn joined the CEOs of ANZ, NAB and Westpac for a grillingContinue Reading
Australia is rapidly heading towards becoming a “cashless society” as banks crack down on withdrawals, close ATMs and branches and ban cash altogether — with one expert predicting physical money will be completely gone by the end of the decade. “I’d say we’ll be functionally cashless by the end ofContinue Reading
The collapse of delivery service MilkRun saddens me because it was different from other bicycle courier companies – it paid bicycle couriers like me by the hour, rather than per delivery. I’d long flirted with the idea of taking on a second job as a bicycle courier to supplement myContinue Reading
Another Australian food delivery service collapsed days before the shock closure of MilkRun, it has been revealed. Direct-to-customer retailer website CoLab entered voluntary administration last Thursday after failing to gain a fresh round of funding. failing to gain financing to continue operating. Co-founder and CEO Josh Abulafia shared the newsContinue Reading
Companies who experienced “phenomenal growth” during the pandemic – often raking in billions in profit – that are now laying off thousands of employees have been slammed for their “knee jerk reaction”. The latest tech outfit to announce mass sackings was PayPal which is slashing its global headcount by 2000Continue Reading