A further $44 million in JobKeeper payments will be handed back to the Federal Government, thanks to construction firm CIMIC and medical device manufacturer Cochlear.
The Bank of Queensland (BoQ) will buy ME Bank under a new proposal worth $1.325 billion. "This is a major step in providing a compelling alternative to the big four banks," CEO George Frazis said in a market update.
Investor favour appears to have hit new heights in 2021, as the broker data begins to be published showing extraordinary trade volumes and customer signups.
Last Thursday, Facebook announced they were stopping Australian users from viewing, posting or sharing news on the platform as a protest against the Australian government's proposed news media bargaining code.
TikTok Australia has announced a new partnership with e-commerce platform Shopify, tightening the links between social media and online retailers. Local businesses will be free to create TikTok marketing campaigns, target specific user groups and monitor ad performance through Shopify.
The US passed the bleak milestone of 500,000 COVID-19 deaths on Monday. It is the highest death toll any country has recorded from the virus. The US hit 250,000 deaths in mid-November, meaning the toll doubled in three months.
Elon Musk said Starlink's internet speeds will double data transfer times will drop later this year. The satellite internet provider currently has over 10,000 beta users, it previously said.
A 139-year-old house in San Francisco was moved six blocks by a semi-truck on Sunday. Video shows the 5,170-square-foot, six-bedroom house being driven to his new home.
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