RateSetter completes $10.5m capital raising

Will changes in lending like Ratesetter help reduce the problems of affordable housing or put more buyers in the market and make things worse? Private equity firm Five V Capital has led a $10. 5 million capital raising for peer-to-peer lender RateSetter Australia. Five V Capital has joined RateSetter‘s existing shareholders and additional p Source:

Draft bill to allow Canberra building owners to bulk-buy power to sell to tenants

Property developers need to start thinking outside the box to differentiate their product from the competition! http://snip.ly/y76el Canberrans living in apartment blocks could soon save on their power bills by bulk-buying electricity. Source: Draft bill to allow Canberra building owners to bulk-buy power to sell to tenants


Lyft and Drive.ai Gear Up to Test Autonomous Ride Sharing

Most autonomous car companies see ridesharing and taxi services as the clearest way for fully autonomous vehicles to become useful and cost effective. Unsurprisingly, ridesharing companies (whose largest expense is paying human drivers) are in enthusiastic agreement. Lyft in particular has formed partnerships with GM’s Cruise Automation, Waymo, and nuTonomy. Last week, Lyft announced a new

As Amazon Pushes Forward With Robots, Workers Find New Roles

Jobs at Amazon are changing but total jobs for humans across the economy are falling. What is the answer? Less hours? Universal Basic Income? Amazon is on the forefront of automation, finding new ways of getting robots to do the work once handled by human employees. Source: As Amazon Pushes Forward With Robots, Workers Find

Time for cities to get smart about transport – SkedGo

Smart Cities, Smart Developments and Smart Homes all part of the puzzle. As an estimated 3m people move to metropolitan areas every week¹, cities need to keep getting smarter, to continue providing livable spaces for their residents. Otherwise, they will collapse under the myriad issues fast population growth brings. In addition to larger numbers of

robot tax for universal basic income

Robot Tax | How Will It Impact On Your Property Investment?

Our economy and your property investment success depend on EVERYONE making enough money to consume goods and services. No customers, no tenants. Depending on whom you ask, robots and artificial intelligence are either coming to take your job, or you’re perfectly safe, at least for the near future. It’s just that this time around, even highly skilled jobs may be imperiled. Proceeds from the tax would bankroll things like job retraining, free community college, or perhaps a universal basic income―countermeasures Kim thinks might make a robotic future more bearable for humans.