Business

How to sink the Cyprus economy and attack David Cameron

Kieran Salsone
Kieran Salsone Thaii Chung

Cyprus votes on a tax on bank savings as bailout looms

THE President of Cyprus was scrambling to gather support in parliament for an international bailout that imposes a tax on people's savings, before banks reopen and panicked residents try to withdraw their money.

Parliament was meant to vote on the tax on Monday, but the decision prompted such outrage that the emergency session was postponed.

Cyprus Social Democrats leader Giannakis Omirou called the bailout neotiations 'outright blackmail' while Brussels maintained it was in fact 'bloody hilarious'.

More than 71,500 jobs created in February

MORE jobs were created in February than any other single month in the past 12 years, data from the Australian Bureau of Statistics revealed on Thursday.

The latest employment figures revealed more than 71,500 were created in February, taking the total number of people employed to more than 11.6 million.

An opposition spokesperson said that the figures were "yet another example of Labor's ... wait ... how many?"

Boxer drives to troll's house for confrontation


After losing his country's light-welterweight title to Shayne Singleton, Curtis Woodhouse started receiving abusive tweets from @jimmyob88.

The boxer put the call out and eventually found out the Twitter user's real name and the street where the "keyboard warrior" lived.

An internet user group has called the stunt "a win for normal internet users" while the police have called it "illegal"

EA CEO John Riccitiello steps down amid PR backlash


EA, publisher of games like Sim City and The Sims 3, today announced that John Riccitiello will step down as Chief Executive Officer and as a member of the Board of Directors, effective March 30.

Mr Riccitiello has presided over EA during a time of disastrous public relations and ire from the gaming community.

Gamers are calling the resignation "EA's best release in years."

Major UK newspaper groups vow to fight new regulations


BRITAIN'S largest newspaper groups are on a collision course with the Government over press regulation, after signalling their anger at the imposition of "several deeply contentious" issues in a Royal Charter announced in Parliament by the Prime Minister.

After more than 100 hours of talks, David Cameron, Nick Clegg and Ed Miliband shook hands on an agreement after a marathon negotiating session completed in the small hours of this morning.

Emboldened by the move, children across the UK are vowing to fight back against broccoli, brussel sprouts and homework.

Australia clamouring for Chinese investment dollars

COMPETITION for Chinese investment is heating up, despite Australia remaining atop the pile for the eighth year running last year, a new study has revealed.

The KPMG-University of Sydney China Studies Centre released its latest research on out-bound investment flows from the huge economy on Friday.

The race to sell Australia to the highest bidder has yet to cut down property prices.

Airport worker posts plane crash pic to employer's facebook

LONDON Luton airport apologised after a "new, over-enthusiastic member" of its staff posted an image of a plane crash to the company's Facebook page.

The caption read: "Because we are such a super airport...this is what we prevent you from when it snows...Weeeee :)".

The social media worker is expected to make a fortune working in the tabloid press.

Topics:  cyprus, ea games, economy, Frisky Business, kieran salsone, opinion, social media


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Whales play in Whitsunday waters

AT PLAY: A whale puts on a show during Day Three of Audi Hamilton Island Race Week. 
Photo Shirley Wodson Photography.

A first person perspective on our whales at play.

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Two vehicle crash victims unharmed

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Three people involved in a two vehicle crash are unharmed

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Blac Chyna sued after car injured 2 women

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Noni Janur features on this season of The Bachelor.

TOOWOOMBA swimwear designer still single but focusing on her career.

Chris Hemsworth surprises kids at hospital as Thor

Chris Hemsworth and Tom Hiddleston surprised children at hospital

Ab Fab fundraiser a blast

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The Men's Shed fundraiser was Absolutely Fabulous.

MOVIE REVIEW: War Dogs tells a fascinating true story

Miles Teller and Jonah Hill in a scene from the movie War Dogs.

DARKLY funny film examines the business side of the war on terror.

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Stars of Thor: Ragnarok dropped in on patients at the hospital

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$100m plan for Curtis Island 'world class' luxury resort

$100 million resort: Top views at Turtle Street at Curtis Island.

"At the moment we think it meets all the town planning approvals.”

Winning Airlie builder takes out award for dream home

HOUSE OF THE YEAR: Winner of the 2016 Mackay & Whitsunday House of the Year - Coastal Edge Constructions. Built with position and lifestyle in mind, every detail has been well thought-out, from the magnificent swimming pool, to the exceptional fit and finish in every facet of the dwelling. It takes full advantage of views from Hamilton Island to the Whitsunday passage.

Mackay region builders bringing dreams homes to life

Coast building approvals at seven-year high: report

The the 2015/16 Development Indicators Annual Highlights Report documents local development activity that took place during the last financial year.

New report shows increasing development on the Sunshine Coast

Top honours for Mackay and Whitsunday builders

The Kerrisdale Gardens property from Paynter Dixon Queensland which won them Project of the Year.

Mackay and Whitsunday builders awarded top honours last night.