Theft and robbery down | Demand for battery electric vehicles up | Uber to cut 3,000 jobs globally

By SBS News

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Bureau of Statistics says victims of theft and robbery fell for the first time since the COVID pandemic. Demand for battery electric vehicles remains elevated, with the segment commanding a record 25 per cent of all new car sales in August. Uber says it's cutting about 10 per cent of its global workforce... or around 3- thousand jobs, as part of a major restructure. Embattled housing developer Bathla has met a crucial funding deadline - though negotiations to keep the company afloat remain ongoing. Small businesses have been offered an exemption from the government's budget initiative, of a new minimum 30 per cent tax on discretionary trusts. Australian sharemarket now which snapped a three-day losing streak. The ASX200 up half- a- per cent. As dollars grow scarce in Bolivia, more people are turning to crypto to get by. Banks are now letting customers pay and withdraw cash with cryptocurrency-backed debit cards. SBS News is Australia's trusted news source for the latest news from Aust

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