Money

Watch out for romance scams on Valentine’s Day

Published

1 year ago

February 14, 2023

ticker NEWS

For the 300 million people who use dating apps like Tinder, Bumble and Hinge, today is a popular day to get chatting, but watch out for red flags

The Australian Federal Police has issued its first Valentine’s Day warning.

This comes after an Australian woman mailed $50,000 in cash to help her ‘boyfriend’.

Federal police asked to see the couple’s online conversations, becoming clear she was being scammed, and she’s not alone.

The AFP has revealed there is a “growing trend” where people refuse to accept they are in a relationship with a fraudster.

This is common particularly among women who are tricked by fake profiles on dating apps.

Last year, more than $40 million was reported lost to romance scams.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

4 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

4 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

5 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending