New Zealand firms consider pulling ads from social media after mass shooting

New Zealand firms consider pulling ads from social media after mass shooting

The Association of New Zealand Advertisers and the Commercial Communications Council asked all advertisers on Monday to consider where they place their ads and challenged Facebook and other platform owners to take steps to moderate hate content."Businesses are already asking if they wish to be associated with social media platforms unable or unwilling to take…
NSW Labor promises larger budget surplus

NSW Labor promises larger budget surplus

The costings also don't include the price of Labor's offer to increase public service wages by more than 3 per cent, which is above the current 2.5 per cent limit imposed by the Coalition.The budget office said it couldn't calculate the wages cost "because any benefits would occur on an agreement-by-agreement basis and, for many…
ASX ends volatile day slightly higher

ASX ends volatile day slightly higher

Fortescue Metals Group advanced 5.4 per cent to $6.83, as the premium between higher and lower grade iron ore continued to narrow.Newcrest Mining shares also rose, up 0.9 per cent to $24.95.Macquarie Group was also amongst the market leaders, rising 0.8 per cent to $128.78, after being upgraded by Morgan Stanley.Zip Co extended its gains…
ACMA investigating Christchurch terrorist attack coverage

ACMA investigating Christchurch terrorist attack coverage

The Australian Communications and Media Authority has begun a formal investigation into whether Australian television broadcasters breached content rules in their coverage of the Christchurch terrorist attacks last Friday."The ACMA's investigation will focus on any content of the perpetrator-filmed, live-streamed footage of the shootings that was broadcast on Australian television," ACMA said in a statement."ACMA…
Confidence in Chronican sees AFIC lift NAB stake

Confidence in Chronican sees AFIC lift NAB stake

NAB’s dividend yield remained around 8 per cent, despite all the headwinds facing the broader sector, and Mr Walling said shareholder returns were sustainable.“There is some possibility that the dividend is reduced slightly from here, but we feel that will largely remain. We come back to the fact that NAB does have some quality assets,”…
South by Southwest signalled problems for tech sector

South by Southwest signalled problems for tech sector

His key themes are that the big tech companies have breached our trust by monitoring us, then taking that data and selling it or using it for behavioural modification.The crowd were right on board and the theme of loss of trust was one that played out on a number of other stages, reaching a crescendo…
Smouldering franking credit fight sparks activist push

Smouldering franking credit fight sparks activist push

But one only needed to scan the room to see the assembled crowd was a pretty ordinary group of voters, with diverse views; it was great to see a question on why AFIC had put forward an all-male panel at the presentation draw applause from the audience. You'd certainly describe those present as comfortable, but…
Are eggs good or bad for you? New research rekindles debate.

Are eggs good or bad for you? New research rekindles debate.

The new results were published online on Friday in the Journal of the American Medical Association.The studyResearchers at Northwestern University's Feinberg School of Medicine and elsewhere pooled results from six previous studies, analysing data on almost 30,000 US adults who self-reported daily food intake. Participants were followed for roughly 17 years, on average.The researchers calculated…
Markets Live: Eclipx in trading halt

Markets Live: Eclipx in trading halt

Updated Mar 18, 2019 — 10.57am, first published at 9.46amKey PointsS&P 500 closed 0.5 per cent higher, NASDAQ 0.7 per cent higher on Friday Manikay increases stake in MYOB to 13.6 per cent Futures point to 35 point rise 7 mins ago – 11.01amMystery this morning after Eclipx Group requested a trading halt until Wednesday…
An investor’s guide to the federal election

An investor’s guide to the federal election

The federal opposition Labor party has proposed a cap of 2 per cent on private health insurance premium increases.Matt Williams, a portfolio manager at Airlie Funds Management, is of the view that the insurers are already preparing for the introduction of this policy and that the question investors must ask is whether the health insurers,…