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Canberra admits it dropped the ball on crypto, promising to catch up with the sector within 6 months One exchange says it may be too late

Canberra admits it dropped the ball on crypto, promising to catch up with the sector within 6 months One exchange says it may be too late
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Zip is plotting a major move into cryptocurrency and stock trading, as it diversifies beyond buy now, pay later

Zip co-founder Peter Gray has revealed Zip is planning to expand into a trading platform. In comments made to the Dow Jones newswires, Gray said Zip was considering offering cryptocurrency and stock trading options out of its existing app. Zip confirmed the announcement to Business Insider Australia, as it looks towards future growth markets. One of Australia’s largest buy now, pay later companies wants to do a whole lot more as it looks to the next stage of its evolution. In comments published by the Wall Street Journal, Zip co-founder Peter Gray revealed the $5.1 billion platform plans to soon expand into cryptocurrency and stock trading. The trading function would most likely be launched in the United States, where Zip-owned QuadPay operates, before turning its eye back on its home turf.

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NFTs are shaking up the art world, but can the blockchain actually get creatives paid? Australian artists and experts weigh in

NFTs are shaking up the art world, but can the blockchain actually get creatives paid? Australian artists and experts weigh in
businessinsider.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com.au Daily Mail and Mail on Sunday newspapers.

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Coronavirus Australia: NSW residents are selling their Dine & Discover vouchers on eBay and Facebook

Share Key Points NSW residents are selling their Dine & Discover vouchers on online marketplaces like eBay and Facebook buy & sell groups. Each NSW adult resident is eligible for four vouchers worth $25 each, as part of a scheme meant to encourage spending in the state’s hospitality, entertainment and tourism sectors. Exchanging screenshots or printed versions of the vouchers is a violation of the scheme’s conditions, according to the NSW government. NSW residents are selling dining and entertainment vouchers given to them by the state government on online marketplaces in return for cash. The NSW government began rolling out its Dine & Discover voucher scheme last month, to try to boost spending at dining, arts and tourism businesses across the state after the COVID-19 pandemic.

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Sydney and Melbourne homes are blowing reserve prices out of the water at auction – and underquoting could be only part of the problem

Price guides in Australia are quickly becoming obsolete. (Nathan Stirk, Getty Images) Some Sydney and Melbourne houses have been selling for more than a million dollars above the reserve price as auctions continue to attract crowds. With property prices on the rise and sales moving quickly, the trend of sales coming in well above reserve appears to have become a more common one. According to Louis Christopher, founder of SQM Research, it is being driven by pent-up demand as well as instances of underquoting – for both legitimate and illegitimate reasons. Losing at an auction can be frustrating for would-be homebuyers at the best of times, but being outbid by seven figures is in the realm of parody.

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