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Money

How Andrew Tate is raking in Elon Musk’s cash

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Andrew Tate claims he has received over $20,000 as part of Elon Musk’s content creator reward plan on Twitter.

Musk had announced the scheme in June, stating that content creators verified on the platform would be paid for ads served in their replies, with the initial round of payments totaling $5 million.

Tate, who was previously banned from Twitter in 2017 for violating its terms of service with inflammatory tweets, had his account reinstated by Musk after the latter acquired the platform. Despite facing legal issues, Tate’s account has been active on Twitter since November.

The payment scheme has come under scrutiny as some of the first beneficiaries appeared to be high-profile far-right influencers, including right-wing blogger Ian Miles Cheong, leading to questions about the selection process for recipients.

Social media analysts have expressed disappointment that despite generating 61 million impressions on his Twitter account since February 3, 2023, they did not receive any payout.

Tate shared a screenshot of the payment notification, stating that all the funds would go to tatepledge.com.

The payments are facilitated through Stripe and represent a portion of Twitter’s ad revenue, rewarding creators for their contributions to the platform.

While representatives for Twitter have not responded to requests for comments addressing the query, the controversy surrounding the scheme and its beneficiary selection continues to generate discussions on the platform.

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Money

Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Money

Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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