Month: July 2024
PlayStation VR2 Slashed by $200 in Urgent Fire Sale
It's no secret that the PlayStation VR2 headset has struggled since its launch in 2023, and a new sale highlights those challenges: Sony is currently offering the PS5 accessory at a $200 discount. Normally priced at $600 for the headset, controllers, and a copy of Horizon: Call of the Mountain (the virtual reality spin-off of Horizon Zero Dawn), you can now get the PS VR2 bundle for just $400 through PlayStation Direct or retailers like Amazon, Best[more...]
A lawyer condemns Central Highlands Council’s approval of the St Patricks Plains wind farm as ‘unlawful.’
Yesterday, the Central Highlands Council approved the planning for a 300-megawatt, 47-turbine wind farm at St Patricks Plains in Tasmania's Central Highlands. The No Turbine Action Group has criticized the process as a "farce." Lawyer Dominica Tannock told Leon Compton on Tasmania Mornings that she wants the council's decision "quashed" and is ready to take the issue to the Supreme Court.
“Major Shift: Amazon Australia Adds 1.1 Million Customers While Traditional Retailers Struggle”
Amazon is solidifying its position as Australia's largest online store, according to a leading expert, who warns that other major retailers should be concerned with 7.9 million Australians shopping on the platform. Data from Roy Morgan indicates that Amazon’s customer base grew by 16 percent in the 12 months leading up to June 2024, adding 1.1 million new users compared to the previous year. Brian Walker, CEO of Retail Doctor Group, believes the US-based e-commerce giant is[more...]
The ASX 200 surges following the latest Australian inflation data.
The S&P/ASX 200 Index (ASX: XJO) is surging during Wednesday's trade. The benchmark index was up 0.6% at 11:30am AEST when the Australian Bureau of Statistics (ABS) released the June quarter inflation figures. In the minutes following the latest consumer price index (CPI) report, investors pushed the ASX 200 up another 0.6%, resulting in a 1.2% gain in intraday trading at the time of writing.
Report: AI deepfake scam attempts to impersonate Ferrari CEO
Scammers impersonating Ferrari CEO Benedetto Vigna have been thwarted thanks to a quick-thinking executive. According to Bloomberg, the executive received several text messages from an unknown number claiming to be from the company's CEO. "Hey, did you hear about the big acquisition we're planning? I could need your help," the first message read, accompanied by a press photo of Mr. Vigna as the profile picture. Another message followed, instructing, "Be ready to sign the Non-Disclosure Agreement our[more...]
The NDIS ‘bottomless pit’ cripples the economy.
Amazingly, Australia has found an even worse method to grow its economy than the immigration/housing Ponzi scheme: the National Disability Insurance Scheme (NDIS). This bottomless pit of public spending drives what is referred to as the "bedpan economy." The massive economic drain costs a fortune. Let's be blunt: millions of Australians haven't suddenly become disabled. Instead, a significant fiscal incentive has encouraged a substantial portion of the population to identify as disabled, while the wealthy exploit the[more...]
The future of Rex Airlines is uncertain following a trading halt on the ASX.
Regional Australian airline Rex has suspended trading on the Australian stock market pending an upcoming announcement. The ASX-listed company halted trade on Monday ahead of a statement addressing a media report published over the weekend. The trading halt is expected to remain in place until tomorrow or until Rex releases a statement. This suspension follows the collapse of budget airline Bonza, which also served regional locations, into administration in April. The ABC confirmed that Rex's website was[more...]
Mollie O’Callaghan triumphs over Ariarne Titmus in a thrilling Olympic clash.
Last month, during Australia’s Olympic swim trials in Brisbane, former 200m freestyle world champion Mollie O’Callaghan broke her own world record. However, her teammate and rival Ariarne Titmus swam even faster. At just 20 years old, O’Callaghan held her composure during the post-race interview but couldn't hold back the tears once the cameras were off. On Monday evening in Paris, there were more tears, but this time they were tears of joy and relief. O’Callaghan may have[more...]
French rail network fully restored after ‘sabotage’ on Olympic day.
France’s national rail operator announced that repairs to the network damaged by sabotage attacks have been “fully completed,” and there will be “no more delays” for travelers starting Monday, following widespread chaos before the Paris Olympics opened. According to SNCF, the situation on the main western line from Paris is “practically normal,” and “three out of four” high-speed TGV trains are now running on the main northern line from the capital “without any increase in travel time.”
The Commonwealth Bank has been fined $36,000 after pleading guilty to failing to pay long service entitlements to its staff.
Australia’s richest company, the Commonwealth Bank, has been fined $36,000 after pleading guilty to failing to pay long service entitlements to its staff. The Commonwealth Bank, one of the largest private employers in the nation, produced a $9.5-billion profit last year. However, on Monday, it faced the humbling experience of appearing in the Melbourne Magistrates' Court alongside shoplifters and drunk drivers after a successful case brought by the Victorian government’s wage inspector. The pleas for mitigation were[more...]