INTHEBLACK November 2023 - Magazine - Page 8
FAST FOCUS
Words Susan Muldowney
GET
SMART
AUSSIES HUNG UP
ON NEW PHONES
Upgrading to the latest mobile
phone can come with a high cost,
but how long do people usually keep
their phone before making a switch?
A report from Finder shows
20 per cent of Australians switch
over their devices every two years,
while a further 7 per cent do so
annually. More than two-thirds cite
performance issues as the main
reason for their last upgrade.
The research shows that
30 per cent buy a new phone
to replace one that is broken or
damaged, 15 per cent switch because
they feel their phone is too slow, and
12 per cent say their battery life is
too poor.
US$121
MILLION
(A$190 million)
The amount that supporters
of men’s health charity
Movember raised globally
during the financial year
to April 2022.
Source: Movember 2022 Annual Report
Read the report
70%
The decline in cheque
transactions in Singapore
between 2016 and 2022.
The city state recently
announced plans to
eliminate the use of
corporate cheques by the
end of 2025. Its banks will
begin charging for Singapore
dollar-denominated cheques
by 1 November 2023.
Source: Singapore Business Review
8 INTHEBLACK November 2023
