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What’s the real reason for rising energy costs?



Rising energy prices are putting further strain on households during a cost of living crisis. But does it need to be this way?

As if rising inflation and interest rates weren’t bad enough?

Well, throw rising energy costs into the mix as well, as many households were stung by higher bills this month.

So why is this happening, and what’s the impact on everyday households and the rest of the economy?

How can I conserve energy?

Here are some steps to help you save power.

Adjust Temperature Settings:

Set your thermostat to 60 degrees Celsius for storage hot water systems.
For continuous flow hot water systems, maintain the temperature below 50 degrees Celsius.
Maintain air conditioner settings between 23°C and 26°C for cooling.
For heating, keep the temperature between 18°C and 21°C.

Optimise Washing Machine Usage:

Use cold water cycles for washing.
If using hot water, ensure it’s below 60°C; hot cycles use significantly more energy.

Seal Drafts and Gaps:

Block gaps using door snakes and apply weather seals to doors, windows, skirting boards, skylights, and cornices.
Close doors to rooms not requiring cooling or heating.

Eliminate Energy Vampires:

Turn off appliances like washing machines, dishwashers, microwaves, and TVs at the wall to prevent standby power consumption.

Replace Inefficient Items:

Install a water-efficient shower-head to reduce water heating costs and overall water usage.
Switch to energy-efficient LED light bulbs, consuming 80% less energy than older types.

Mindful Lighting Usage:

Turn off lights when rooms are unoccupied to save energy.
By following these guidelines, you can effectively conserve energy and reduce both your electricity bills and environmental impact.

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Diversifying and enhancing payment methods



American Express reveals Australian homeowner bill payment insights

In response to the growing trend of card and tap-and-go payments, organisations are adapting their systems to accommodate diverse payment options.

American Express recently conducted research shedding light on homeowner sentiments towards local councils, with a focus on Australian attitudes and behaviours related to bill payments.

Vice President and General Manager of Global merchant services at American Express, Robert Tedesco, provides his insights.

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Explosive growth and dominance of the audio industry



Global radio market hits staggering $143 billion valuation, cementing audio industry’s dominance

The audio industry continues to assert itself as a formidable force, with the 2023 global radio market reaching a substantial value of $143 billion.

The podcast market has surged to an impressive worth of $18.52 billion, showcasing a compound annual growth rate of 27.6%.

Tony Simmons, CEO and founder of Sonnant, discusses how the audio industry can be made even better.

Presented by VentureCrowd – To find out more about Conscious Investing, head to

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Nick Kyrgios shocks fans with surprise OnlyFans announcement



Tennis sensation Nick Kyrgios sent shockwaves through the sports and entertainment world today as he revealed a surprising career move.

The Australian athlete, known for his fiery on-court antics and charismatic personality, has announced his entry into the world of OnlyFans, a platform typically associated with adult content creators.

In an unexpected turn of events, Kyrgios took to social media to share the news with his followers. He stated, “I’ve always enjoyed pushing boundaries and breaking the mold. I’m excited to announce that I’ll be joining OnlyFans to share exclusive content and connect with my fans in a new way.”

The announcement has left fans and pundits alike wondering what kind of content Kyrgios will be sharing on the platform.

The decision has sparked a debate about the intersection of sports and social media, as well as the evolving landscape of content creation.

Some fans are eagerly anticipating behind-the-scenes glimpses of Kyrgios’s life, while others are questioning the potential impact on his professional tennis career.

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