TPG Telecom has at long last begun to follow rivals Telstra and Optus with a rationalisation of sim-only mobile plans, piling more pressure on consumers’ hip pockets with its new prices marching more than 13 per cent higher.with Telstra approved – reduced its in-market Vodafone offerings from five to three and lifted prices this week.
The new “Small” plan includes 40GB of data for $45 a month – compared with 40GB for $40 under the previous structure – a 13 per cent jump in the cost.
the mandatory roaming legislation is just around the mountain
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Property price slump slows from record speedThe record-breaking speed of house price falls may be over, with values slipping by just 0.7 per cent across the combined capital cities in the December quarter, as buyers adapted to higher interest rates, Domain data shows.
Source: FinancialReview - 🏆 2. / 90 Read more »
Government’s price caps and energy policies ‘starting to work’Assistant Treasurer Stephen Jones says there are early signs the government’s energy interventions are “starting to work”. 'The price caps and the policies we put in place in relation to gas and coal in culmination with the states, we’re seeing early signs that that’s starting to work,' Mr Jones told Sky News Australia. “So those longer-term contracts, the wholesale prices in the energy market will start to flow through in the prices that households are paying and that businesses are paying.” Yes very true, our bills are going up Yeah sure. Well what else can he say🤔
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Tesla makes record profit, despite price cuts, inflation and Elon MuskTesla made record profits last year, even as high interest rates slowed down the global economy and hurt consumer sentiment, but the company's boss, Elon Musk, is dismissing speculation the car maker cut prices because of slowing demand, saying demand for the vehicles has reached record highs. …this belongs here- 🚮 You say that like Elon Musk is somehow a drawback. Our ABC seems genuinely confused by how the marketplace and competence works. I guess that what happens when you subsist on government hand outs 🤷🏽♂️
Source: abcnews - 🏆 5. / 83 Read more »
A tech giant paid big salaries – now it’s paying the priceOPINION: The pro-employee culture of tech giant Salesforce is under threat from activist investors and an economic downturn.
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Why the cost of gas is too complex to be fixed with a price capOPINION: There are three fundamental problems with the government’s Gas Market Emergency Price Order.
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‘Longer term’ confusion on gas price caps as market prematurely stabilisesThere is a lot of confusion amongst energy producers about how the government’s price cap response is going to work “in the longer term,” according to The Australian's Environmental Editor Graham Lloyd. “The market seems to be stabilising,” Mr Lloyd told Sky News host Cory Bernardi. “If you look at prices in Europe, where they were very, very high because of the interruption from supplies from Russia, that shortfall has been taken up largely by the United States. “So gas prices in Europe are about 25 per cent of what they were at the peak and half the price they were in December.” He said with the government’s further discussions on price caps to still continue, “the gas producers may just say 'well, look, we'll put our money somewhere else”. The only confusion is 'how can they rip us off' when the Government is now calling the shots. i don't care what their confusion is just make power affordable. all this bullshit talk of clean cheap energy.... so where is it?
Source: SkyNewsAust - 🏆 7. / 78 Read more »