News

Steve Baxter‘s River City Labs has been bought by ACS

SuppliedShark Tank judge and River City Labs founder Steve Baxter. ACS, professional body for Australia’s ICT sector, has acquired River City Labs from founder Shark Tank judge Steve Baxter. The acquisition takes effect immediately and all team members have been asked to remain in their current roles. The services that River City Labs & Startup Catalyst offers now will not […]

Boris Johnson has reportedly split with his wife after a litany of affairs

Ben Pruchnie/Getty ImagesBoris Johnson Former UK Foreign Secretary Boris Johnson has reportedly split with his wife Marina Wheeler QC, after longstanding rumors of infidelity. Wheeler, a barrister and divorce specialist, and Johnson, both 54, are living separately after 25 years of marriage, the Thursday. Sources told The Sun that Wheeler kicked Johnson out over fresh allegations that he had been […]

Victorian police have released shocking footage of a sickening assault in Melbourne in an appeal to find the attackers

Victorian PoliceTwo of the three men being sought by police after an assault in East Melbourne Victorian Police are calling on three men who attacked two strangers in East Melbourne late on Thursday night to hand themselves in. The police have released footage of the vicious assault, which saw a 61-year-old taken to hospital with serious facial injuries, including a […]

‘ONE OF OUR FAVOURITE SHORTS‘: Morgan Stanley makes the case for further Aussie dollar weakness

Getty Images The Reserve Bank of Australia (RBA) is optimistic about Australia’s economic outlook, at least based of public statements. As such, it thinks the next move in official interest rates is likely to be higher. Morgan Stanley’s FX Research team disagrees, suggesting further rate cuts are “likely”. Unsurprisingly, it is bearish on the outlook for the Australian dollar, calling […]

How the ‘bin chicken‘ became the poster bird of urban Australian life

Mark Kolbe/Getty ImagesSpectators at the Australian Open In just a few decades, the Australian White Ibis (Threskiornis molucca) has made itself at home in many of Australia’s coastal and inland cities. And aside from the feathered birds we see daily (often foraging amongst garbage), representations of ibis have exploded in popular culture. The humble ibis, it seems, has gone viral. […]

Higher mortgage rates add to the headwinds for Australian home prices this spring

GREG WOOD/AFP/Getty Images Australian home prices have been falling for 11 months, according to data from CoreLogic. The group says recent out-of-cycle mortgage increases from major lenders could lead to even weaker market conditions. Sales volumes are low and listing levels are higher than a year ago, adding additional headwinds for price. Australia’s housing downturn is deepening as According to […]

Trump‘s trade war with China will continue until the US achieves its ‘ultimate objective‘

(Thomas Peter-Pool / Getty Images) If US tariffs against China were really about the trade deficit, the trade war would’ve ended months ago, ANZ says. Instead, the bank’s chief economist in China says the threats are part of a broader economic power struggle. As a result, the US is unlikely to change its policy stance, even after November’s mid-term elections […]