Money News: Highlights Money News

Crypto's hot streak has ended and a freezing cold winter has set in, with losses topping $2 trillion and counting. There was always a threat the crypto bubble would burst and no shortage of people saying 'I told you so,' including Chris Joye from Coolabah Capital. Others are looking through the losses and focusing on how to keep building this Megatrend, including Michael Addison from Tasmanian Data Infrastructure, with his plan to build a new bitcoin mine on the site of an old lead and zinc mine.

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Woolworths says there’ll be shortages across a wide range of fruit and vegetables on their shelves, but smaller chains might not be affected so much.

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After this month’s jumbo rate hike, spending has fallen by 2.8% in the first 19 days of June.

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Following fears of a US recession, oil and iron ore prices have slipped back.

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There’s no end in sight to Australia’s trade standoff with China, but wine exports have diversified in their attempt to overcome.

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