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Let’s get back to basics about the stock market

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If you watch the news – and who doesn’t here at Ticker News – you’ll notice there is a lot of discussion about the stock market.

Whether a company price has moved up or down, a new feature has been announced, or if sales of a particular product have exceeded expectations, can have an impact.

So, what does it all mean? We’re here to help you get your head around it all.

WHAT IS THE STOCK MARKET?

The stock market is a place for people (typically known as investors) to buy and sell individual company shares, funds and other financial products.

Changes in share prices allow investors to buy or sell financial products they are interested in owning.

They allow for investors to trade owning part of a public company for capital.

Stock markets are regulated, and have to follow a defined set of rules and procedures, that are set out by regulators in each jurisdiction such as the Securities and Exchange Commission (SEC) in the United States, the Financial Conduct Authority (FCA) in the United Kingdom, and the Securities and Futures Commission (SFC) in Hong Kong, to name a few.

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SO, YOU WANT TO BECOME AN INVESTOR?

Now that you have a grasp of what the stock market is, and how it broadly works, you’ve decided to take the next step and buy some shares (also known as equity) in a company – congratulations.

But what should you buy?

That choice is up to you, as there are thousands of companies available on each exchange to buy into.

But before you can buy a company that is listed on a stock exchange, you have to choose your broker – or the third-party that will allow you to buy and sell shares on the stock market. The broker is the one who will be able to grant you access to all the available companies.

And with thousands of brokers out there, how do you know who to choose?

Several factors come into play: access to markets right across the world, reputation (so you know they will be around during the good and bad times of the market), fees (as you don’t want to be paying too much for the service to buy and sell your stocks), speed (to enact a purchase and sell) and technological advancements.

And if you’re a person who likes to read reviews or follow guides from others about who to choose, winning the Best Online Broker Award five years in a row is a strong endorsement for Interactive Brokers, beating the likes of RobinhoodVanguard and Charles Schwab.

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CAN IT BE RISKY?

Just like any form of investment, there is a chance that your capital can increase or decrease, and investors even need to take into consideration the possibility of losing all their invested money.

Investments in some companies are said to be riskier than in others.

This could have to do with how established a company is, how it is managed, how well it can raise money to expand, how successful their products are to the public or how nimble it is.

What’s the best thing you can do before outlaying any capital – research, research, research. And with a wealth of information at your fingertips, you can feel secure in the knowledge of the company – or companies – you are investing in.

Do your own research.

Business

The #SunburnChallenge has been blocked on TikTok Australia

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TikTok Australia has partnered with Melanoma Institute Australia for a new campaign to stop glamourising tanning

As Australians prepare for warmer temperatures, TikTok Australia is seeking to put an end to the viral #SunburnChallenge.

The challenge has led to users uploading videos of their sunburned bodies onto the platform.

However, the video-sharing app will begin removing these videos under the ‘Tanning. That’s Cooked’ campaign.

The initiative is targeted at 20–39 year old Australians who are partaking in the trend.

It will use humour to throw shade at tanning, and turn Australia’s tanning culture on its head.

Lee Hunter is the general manager at TikTok, who said humour is the key to shaping this demographic rather than serious corporate or health messages.

“The campaign is inviting TikTok creators to use humour and throw shade at tanning in their own authentic way, helping to spread the word and change the perception of tanning.”

LEE HUNTER, TIKTOK AUSTRALIA

Skin cancer is the most deadly form of the disease for Australians. It is typically caused by an over-exposure to the sun and ultra-violet radiation.

While it is preventable in most cases, the disease is the most common cancer among 20–39 year olds.

“Everyone who searches for a hashtag related to summer sun, tanning and many other summertime phrases, will see the ‘Tanning. That’s Cooked.’ banner and will be provided with information that outlines the dangers of tanning, with links to Melanoma Institute Australia,” Mr Hunter said.

The plea was made by Melanoma Institute Australia (MIA), who have pushed for social media stars and influencers to stop glamourising tanning.

Matthew Browne is the chief executive at MIA, who said the TikTok partnership will help to strengthen the message for younger Australians.

“One Aussie is diagnosed with melanoma every 30 minutes and it claims more lives than the national road toll. Tanning is actually skin cells in trauma.”

MATTHEW BROWNE, MELANOMA INSTITUTE AUSTRALIA

“There is no safe way of sun tanning, including the concept of getting a protective ‘base tan’ at the start of summer.”

“That’s like saying smoking a few cigarettes a day will protect you from developing lung cancer,” he explained.

TikTok has recently stepped up its social responsibility commitments. In October, the platform said it intends to “drive a deeper understanding and awareness of the importance of mental wellbeing”.

According to a recent poll, of over 1,000 participants, 23 per cent of Australians believe mental wellbeing is more important than physical wellbeing.

TikTok has developed wellbeing guides, which share practical advice for people to be more considerate about what they share online.

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Business

CNN begins mass layoffs

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CNN has begun cutting hundreds of staff from its news operations around the world

CNN is eliminating some 400 positions around the world, equating to about 10% of staff.

The cuts come on top of the August closure of CNN+, which resulted in the departure of more than 200 employees.

Staff waited anxiously for a notification of a video call in which they would be laid off.

HLN will drop all live programming.

Its international quarters has also been impacted, with a loss of programming in London.

It comes after a tumultuous year for its new parent company, following the merger between Discovery and Warner Brothers.

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Business

Contentious industrial relations laws pass Australian parliament

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Labor government is making the most extensive changes to workplace relations laws in nearly two decades.

Australia’s Employment Minister Tony Burke struck a deal on the Secure Jobs, Better Pay Bill with independent ACT senator David Pocock, who holds the balance of power in the upper house.

It came after a late-night meeting in which Senator Pocock secured series of concessions in exchange for his support.

Labor will adopt the recommendations from a parliamentary inquiry into the Bill including changing the definition of a small business that can be excluded from multi-employer bargaining.

The definition now identifies a small business from one that employs 15 people to one that employs 20.

It will also be easier for a business with 50 employees or fewer to opt out of multi-employer bargaining.

Such businesses will be given a stronger ability to argue to the Fair Work Commission that they should be excluded.

The expansion of multiemployer bargaining makes it easier for workers at different companies within one industry to band together to call for better pay and conditions.

This is the most contentious element of the legislation.

Under the “single interest” stream, workers will be able to negotiate a single enterprise agreement to cover different workplaces, as long as a majority of employees at each company involved agree to do so.

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