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Warning of more interest rate ‘pain’

Interest rates have hit their highest levels in the past decade causing immense pain for some homeowners but chillingly a further three hikes are predicted, which could add hundreds of dollars to already stretched budgets.It comes as the…

Fears and risk of Aussie recession is rising

There are fears that the risk of Australia falling into recession has risen with early signs pointing to potential financial doom for the country as the strain of soaring inflation and cost of living pressures show no signs of easing.While…

Zuckerberg makes $10 billion in 24 hours

Facebook founder Mark Zuckerberg made over $US10 billion in 24 hours after shares in its parent company Meta soared by 23 per cent — one of its best days on the stock market in nearly a decade.After a tough start to 2022, Meta ended the…

Horror as $1.2 billion wiped from company

A tech company experienced a horror day on the stock market with $1.2 billion wiped off its valuation after it revealed its losses had blown out and its CEO was leaving.Xero, a New Zealand-based company that provides accounting software for…

Husband keeps $80k secret from wife

A group of sophisticated scammers has ruined the lives of two more Australians after stealing $150,000 and $80,000 from their latest two victims. Including those most recent losses, the fraudsters have stolen at least $2.73 million that…