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Australians checking their financial statements at tax time could be in for a shock with the average superannuation savings taking an $8,000 hit. Customers’ super cash is invested by fund managers into portfolios containing a mix of shares, bonds, property and infrastructure assets – where the investments ideally grow to a healthy balance by retirement. … Read more
Price of dairy products set to SOAR: Four pints of milk to increase by 50% from £1.15 to £1.70 while pack of butter will rise from £1.55 to £2 as farmers face rocketing food and fuel costs Surging costs from feed, fertiliser and fuel could cause major increase in prices Crisis talks in Brussels last … Read more
Valentine’s Day will be hit by shortages of wine, flowers and presents as supplies are hit by new post-Brexit customs rules (which at least gives you a good excuse if you forget) Supply chain experts say Valentine’s Day will be the first test of post-Brexit rules The new rules, which came in on January 1, … Read more
This ship’s cargo will make world history when it leaves an Australian port next week – and there are high hopes it’ll be a great leap forward in the fight against climate change The Suiso Frontier will transport the world’s first ever cargo of liquid-hydrogen Vessel will depart the Port of Hastings in Victoria next … Read more
President Biden is launching another crackdown on the meat processing industry in an effort to fight rising prices. Citing a monopoly in the meat processing market, the Biden administration announced Monday it would spend $1 billion from the American Rescue Plan to expand the capacity for independent meat processors. The White House noted in a … Read more
Apple is ‘forced to halt its 24-hour iPhone production in China and give employees days off’ during its busiest time of year due to supply chain issues: Tech giant will be 15 MILLION units shy of its 230 million goal for the holidays A report says Apple halted iPhone production in China for several days … Read more
Shortage of cartoon baby JJ dolls due to supply chain chaos sparks Christmas panic Dolls of the star of YouTube’s CoComelon are running short due to supply issues The dolls are sold at chains including Argos, and The Entertainer for about £40 But some are being listed on eBay for as much as £79.99 amid … Read more
Pete Buttigieg defends his paternity leave as ‘time to do joyful work’ and says the best way to fix supply chain issues is to ‘end the pandemic’ at briefing celebrating the $1.2T infrastructure plan becoming ‘law of the land’ Buttigieg defended his own paternity leave and said the White House would fight for family leave … Read more
Turkeys could be imported from France and Poland for Christmas if crippling shortage of workers threaten supermarket stocks Industry leaders say it is evidence of a wider crisis across the food supply chain Chairman of the British Poultry Council Graeme Dear told a parliamentary committee shortage of British turkeys is likely over Christmas Farmers decided … Read more
The penny drops! Yellen concedes inflation will last until late 2022 – and won’t be ‘temporary’ like Biden said: White House holds weekly meetings to try and stem surging prices The Biden administration is finally trying to grapple with persistent inflation that they for months insisted would be transitory President Biden’s top advisers now meet … Read more