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Simple solutions to manage cost of living

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Good money management grants us choices.

In today’s world, where the cost of living continues to rise, having more money can mean the difference between surviving and thriving.

One way to generate extra income is to take a look at the items we own but no longer use. We accumulate things over time, and it’s common to have items sitting in our garages or sheds that we haven’t used in years. These items may hold sentimental value, but they’re not contributing to our daily lives.

Selling these items can be a great way to generate some extra income and declutter our homes. The rise of online marketplaces like eBay and Facebook Marketplace has made it easier than ever to sell unwanted items. It’s a win-win situation; we get rid of the clutter, and someone else gets to enjoy the item we no longer use.

But selling unwanted items isn’t just a way to make some extra cash. It’s also a form of recycling. Rather than throwing things away, we can give them a new life with someone else. It’s an environmentally friendly option that benefits both us and the planet.

Taking a look at our belongings and deciding what to sell can be a daunting task, but it’s also an opportunity to evaluate our needs and wants. Do we really need that unicycle in the garage, or can it be put to better use in someone else’s hands? By selling unwanted items, we’re not only generating income, but we’re also simplifying our lives and making room for things that truly matter to us.

Money Matters is presented by CIA tax

Learn more ➡️ https://ciatax.com.au/

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Electric vehicles transform last mile delivery market

Electric vehicles revolutionise last mile delivery with significant growth expected in Australia as sustainability gains momentum

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Electric vehicles revolutionise last mile delivery with significant growth expected in Australia as sustainability gains momentum.

In Short:
– The shift to electric vehicles for last mile delivery is increasing, especially in Australia, driven by government initiatives.
– Challenges like costs and charging infrastructure hinder EV adoption, but advancements improve efficiency and sustainability perceptions.

The shift towards electric vehicles (EVs) for last mile delivery is accelerating globally, with Australia expected to see significant growth. Companies and retailers are increasingly adopting greener solutions, driven by supporting government initiatives.

Joe Sofra from ANC discussed the current state of the last mile EV market. He noted the global market is valued at around $30 billion and could grow three to four times over the next eight years.

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Challenges such as cost and charging infrastructure remain significant. Currently, over 100 EVs are on the road, but sufficient charging stations need to be developed, including home and public options. The unique requirements of commercial vehicles further complicate access to these facilities.Download the Ticker app

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New climate reporting standards set to reshape the Australian business landscape

Businesses must disclose climate risks and transition strategies under new standards, reshaping credibility and compliance globally

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Businesses must disclose climate risks and transition strategies under new sustainability standards.

In Short:
– Businesses must disclose climate risks and strategies, improving credibility and compliance.
– Companies face challenges in data management and scope three emissions, impacting strategic planning and engagement.

Businesses globally are increasingly required to disclose climate risks and transition strategies, impacting their credibility and compliance efforts. The Australian Sustainability Reporting Standards (ASRS) in particular represent a significant shift for local companies, urging them to comprehend climate change’s effect on financial performance. Lisa Zembrodt, Principal and Senior Director, Sustainability Business across the Pacific Zone for Schneider Electric, joined to share her insights on the impact of ASRS on Australian businesses.Banner

Organisations must now align their climate disclosures with financial statements, necessitating audits and increasing scrutiny on directors. This shift compels companies to prioritise credibility in their disclosures rather than mere compliance, presenting a comprehensive understanding of climate risks to foster stakeholder trust.

Key Challenges

A major challenge for companies remains the accurate collection and management of data, often still done via spreadsheets. Many companies struggle with “scope three” emissions, which often lie outside direct control.

Successful adaptation will require enhanced engagement throughout the value chain to achieve emissions reductions.


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Cybersecurity races to keep pace with AI and quantum threats

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As AI capabilities surge and quantum computing moves closer to reality, cybersecurity leaders are racing to keep pace with a rapidly evolving threat landscape.

Businesses face growing risks, making it critical to reassess security infrastructures and adopt strategies that can withstand future challenges.

Experts warn that the arrival of quantum computing could have major implications for data security, with traditional encryption methods potentially becoming vulnerable.

Organisations are being urged to adopt “quantum-resilient” strategies and take practical steps now to safeguard sensitive information.

DigiCert has highlighted these challenges through its recent Quantum Readiness Day, providing guidance for companies aiming to future-proof their systems and stay ahead of emerging cyber threats.

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