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News.com.au
2 hours ago
- News.com.au
16-year-old lands ‘impressive' Sydney real estate job
An ambitious Aussie teenager has left people stunned by the very impressive job he has managed to land at just 16 years old. At an age where many kids are clocking up a few hours working at Macca's on the weekend, or serving coffees at their local cafe, Joshua Lynch is diving head first into the real estate industry. Last month, Sydney real estate agency, Pulse Property Agents, announced they had hired Mr Lynch as a property consultant. 'Josh has called the Sutherland Shire home his whole life and discovered a passion for real estate at just 10 years old,' the Facebook post read. 'By 15, he had already stepped into the industry, and over the past 18 months has built a strong foundation across property presentation, marketing, and client care.' The post was met with a huge amount of support, with many seriously impressed by the young Aussie's work ethic. 'I couldn't negotiate movie plans at that age. Super impressive young man,' one commenter said. 'What a legend! You are going places, Josh,' another said. One added: 'So young and eager – love it.' Speaking to Mr Lynch said he has always had an interest in houses, with real estate catching his attention because it combines things he enjoys like meeting new people, problem solving and being in a team environment. 'I also love helping someone find a place that really fits them. Plus, it's a career where you're always learning and no two days are the same, which keeps things exciting,' he said. He has been working in the industry since March 2024, initially starting in a casual role working on Saturdays. At the end of last year he decided to leave school a pursue a full-time career in real estate. As a property consultant, Mr Lynch's day consists of helping the sales team and clients with their various needs. One of the highlights of his career so far has been securing his first listing, which was made even more special as it was for the family of a close friend. 'They gave me the opportunity to be involved in the process alongside the agent, and I'm incredibly grateful for the experience and trust they placed in me,' he said. The 16-year-old is keen to soak up every bit of hands on experience he can, but starting his career at such a young age hasn't come without its challenges. 'Since I'm young and still have a lot to learn in the industry, some people assume I don't have the knowledge or enough experience, but I've used that as motivation to keep learning,' he said. 'It's also helped me develop strong communication skills and confidence.' Earlier this year, Pulse Property unveiled its new training program aimed at giving aspiring real estate professionals a clear pathway into the industry. Larissa Reed, Pulse Property's head of growth and performance, said the program offers a comprehensive approach that blends practical training, mentorship, and industry education. Each participant is paired with a mentor to help guide them through the process, with the goal of eventually having them transition into sales associate roles. 'We track key performance indicators, including the number of calls made, digital and in-person appraisals, and overall engagement. Mentors provide real-time feedback to ensure each trainee is progressing effectively,' Ms Reed said. Moving forward, Mr Lynch's goal is to gain all the knowledge he can of the industry and ultimately become a stand-alone real estate agent and sell homes. For now, the 16-year-old said he 'couldn't be happier' working with the team at Pulse, who 'uplift and motivate each other every day on all our successes', adding that he is very grateful for the opportunity he has been offered.
9 News
3 days ago
- 9 News
Trump 'lobbied Norwegian minister for Nobel Prize in phone call'
Your web browser is no longer supported. To improve your experience update it here US President Donald Trump discussed how he wanted the Nobel Peace Prize when he called a Norwegian government minister last month, according to reports. "Out of the blue, while Finance Minister Jens Stoltenberg was walking down the street in Oslo, Donald Trump called," the Norwegian business newspaper Dagens Naeringsliv reported, citing unnamed sources. "He wanted the Nobel Prize – and to discuss tariffs." US President Donald Trump, right, and former NATO secretary-general Jens Stoltenberg. (AP Photo/Pablo Martinez Monsivais) (AP) Stoltenberg told the Reuters ageny the call concerned tariffs and economic collaboration in the lead-up to Trump's call with Norwegian Prime Minister Jonas Store. Stoltenberg also said several White House officials, including US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer were on the call. "I will not go into further detail about the content of the conversation," he said. The White House and the Norwegian Nobel Committee did not reply to requests for comment. A bust of Norwegian 19th-century industrialist Alfred Nobel who founded the Nobel prizes. (Henrik Montgomery/TT News Agency via AP, File) (AP) Recipients of the yearly awards are selected by the five-person committee from hundreds of entries before they're announced in October. Several nations, such as Israel, Pakistan and Cambodia, have nominated Trump for his efforts brokering peace deals and ceasefires. The US President had previously raised the prize with Stoltenberg, a former secretary general of the NATO military alliance, the Norwegian newspaper reported. Three US presidents have been awarded the Nobel Peace Prize, with the last being Barack Obama in 2009. Sign up here to receive our daily newsletters and breaking news alerts, sent straight to your inbox. Donald Trump Norway World peace talks Russia Ukraine CONTACT US
The Australian
4 days ago
- The Australian
Telstra sells cloud business to Infosys amid $2.34bn profit
Telstra is splashing $1bn on a share buyback as its ruthless cost-cutting strategy delivered a $2.34bn profit, while the company has sold its cloud business to Indian tech firm Infosys. It comes just two months after Australia's biggest telco completed a $750m share buyback and as mobile earnings growth slows to its lowest level in four years as it faces increased competition from Optus and Vodafone owner TPG's $1.6bn network sharing deal. 'We are focussed on continuing to deliver value for our shareholders, including through our core business cash flow, active portfolio and investment management, and disciplined capital management,' chief executive Vicki Brady said. 'As we consider the best way to deliver these outcomes, we carefully consider the balance between investing in the growth of our business and the potential for additional shareholder returns.' Annual net profit soared 31 per cent to $2.34bn, but revenue was flat at $23.9bn. Telstra will pay shareholders a final dividend of 9.5c, fully franked on September 25. It takes the total for the year to 19c a share, up a 5.6 per cent from last year. But Telstra shares fell more than 2.9 per cent to $4.84 in early morning trade on Thursday. Mobile growth 'disappointed' some investors, with the telco reporting its slowest earnings growth in four years. Mobile product income firmed 2.7 per cent to $11.02bn, while Jeffries analyst Roger Samuel said on a like-for-like bases Telstra only added 4000 postpaid mobile subscriptions in the second half. Most of the 106,000 new customers Telstra claimed came from its wholesale business, or brands like Woolworths and Aldi selling their own mobile plans under Telstra's network. Competition intensified after Optus and TPG launched their $1.6bn deal to share mobile towers earlier this year. But Ms Brady said a competitive mobile market was 'not new' and attributed the slower growth to the 3G shutdown as well as Telstra switching off Covid-era plans. 'When you do do a transition of generations in mobile networks, that obviously that's a big deal,' Ms Brady said. 'We won't have a generational change in mobile networks in you know, the mobile business is dynamic. Customers make different choices. For example, one of the one offs here is around deactivating some things that were sort of Covid-era, that the decisions made by customers to do that. So you can't quite anticipate those things.' Ms Brady attributed the overall profit growth to 'strong cost control and disciplined capital management' as it closes its much-hyped T25 strategy. 'Our reported growth this year is stronger than underlying growth because of significant one-off net costs totalling $715m in the prior year, mostly related to impairments and restructuring associated with the reset of our Telstra Enterprise business. 'Core fixed costs decreased by 4.7per cent or $306m in the year. Cumulatively, we reduced our core fixed costs by $428m since FY22.' Telstra also announced on Thursday that it would sell 75 per cent of its cloud business Versent Group to Infosys for $233m. Ms Brady said it would strengthen an artificial intelligence partnership between the two companies. 'For our enterprise portfolio, this means sharpening our focus on the key capabilities that deliver on the strategy and building deep partnerships that maximise the value of our networks,' Ms Brady said. 'Versent Group has earned its reputation by helping Australian enterprises make the shift from traditional technology to modern cloud environments – delivering digital transformation at scale. 'Our partnership with Infosys reflects our confidence in the value we can unlock together. Their global scale, deep industry knowledge, and culture of innovation and service excellence will be instrumental in accelerating Versent Group's growth and impact across the region.' Enterprise EBITDA also grew by $103m, as Telstra 'resets' the previously poor performing division. International earnings fell $96m. 'We have completed a strategic review of this business and are now taking action, including to reduce costs,' Ms Brady said. Overall, EBITDA was $8.02bn, which Telstra expects will rise to $8.15-8.45bn in the year ahead. Read related topics: Telstra Jared Lynch Technology Editor Jared Lynch is The Australian's Technology Editor, with a career spanning two decades. Jared is based in Melbourne and has extensive experience in markets, start-ups, media and corporate affairs. His work has gained recognition as a finalist in the Walkley and Quill awards. Previously, he worked at The Australian Financial Review, The Sydney Morning Herald and The Age. Technology A battle is brewing between artists and tech giants over AI access to creative content, with Workday breaking ranks to support creator control. Nation Trades and nursing emerge as the safest career choices as artificial intelligence threatens to eliminate traditional office and marketing roles across Australia.
