Economic news

• Macquarie Group dumps KPMG from audit contract

  26-08-2026 10:24 via abc.net.au
  
  Accounting firm KPMG says it is facing the consequences of its "past failings" as it is dropped by Macquarie Group.
  
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• Residents furious at illegal dumping in native bushland near school

  27-08-2026 00:06 via abc.net.au
  
  Rubbish containing dangerous waste found illegally dumped in bushland upsets Albany residents, with the mayor saying it is the worst he has seen.
  
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• Locals asleep at school, 'walking around like zombies' due to new 24/7 airport

  26-08-2026 23:10 via abc.net.au
  
  Locals living near the new Western Sydney airport say they are only managing a few hours' sleep a night since operations began.
  
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• 'Absolutely horrible': Sleepless nights for families near new Sydney airport

  26-08-2026 23:10 via abc.net.au
  
  Locals living near the new Western Sydney airport say they are only managing a few hours' sleep a night since operations began.
  
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• Thredbo 'exposed to a warming climate' as value cut by $149m

  26-08-2026 23:05 via abc.net.au
  
  One of Australia's largest ski resorts has had its value halved, with its owner blaming a poor 2026 snow season and the need to install new chairlifts and more snowmaking. 
  
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• Tasmania Police cancels $6m KPMG contract — but can't say why

  26-08-2026 22:19 via abc.net.au
  
  Tasmania Police officers have been using a "clunky" intelligence system for years. KPMG was engaged to update it, but after two years and $6 million, its contract has been terminated and neither party can say why.
  
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• Tasmania Police cancels $6m KPMG contract but unable to say why

  26-08-2026 22:19 via abc.net.au
  
  Tasmania Police officers have been using a "clunky" intelligence system for years. KPMG was engaged to update it, but after two years and $6 million, its contract has been terminated and neither party can say why.
  
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• Police and KPMG unable to say why $6m contract cancelled

  26-08-2026 22:19 via abc.net.au
  
  Tasmania Police officers have been using a 'clunky' intelligence system for years. KPMG was engaged to update it, but after two years and $6 million, its contract has been terminated and neither party can say why.
  
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• ASIC warns of 'first significant cracks' in Australian private credit

  26-08-2026 20:43 via abc.net.au
  
  The collapse of a large and hugely indebted NSW property developer leaves several private credit lenders and their investors heavily exposed, while other major funds have started restricting withdrawals.
  
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• Surge in families renting puts more children at risk of housing insecurity

  26-08-2026 17:15 via abc.net.au
  
  There has been a 20 per cent jump in Australian children growing up in rental households this century, with this group facing an average of six moves by aged 14, according to a new research paper.
  
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• Queensland allowed to use coal, gas for data centres despite renewable push

  26-08-2026 11:04 via abc.net.au
  
  The state's premier says it is a "good win" for his state, which owns much of its own electricity infrastructure, while the federal government had previously demanded states use renewables as a standard. 
  
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• Hobart council advances ban on full-home short stays

  26-08-2026 10:31 via abc.net.au
  
  Hobart City Council has voted to advance strict new limits on whole-home short stays. The plan, which aims to protect long-term rentals, will now go to the state planning body for final approval.
   
  
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• Breaking: Macquarie Group dumps KPMG from audit contract

  26-08-2026 10:24 via abc.net.au
  
  Accounting firm KPMG says it is facing the consequences of its "past failings" as it is dropped by Macquarie Group.
  
  Read more

• Breaking: Macquarie dumps KPMG from nation's biggest audit contract

  26-08-2026 10:24 via abc.net.au
  
  Accounting firm KPMG says it is facing the consequences of its "past failings" as it is dropped by Macquarie Group.
  
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• Report finds rock art damage more extensive than thought

  26-08-2026 10:13 via abc.net.au
  
  The Murujuga Rock Art monitoring program finds pollutants from previous industrial activity have damaged a larger area of ancient rock art on the Burrup Peninsula than previously thought.
  
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• Potential insolvent trading probe after modular builder's closure

  26-08-2026 08:50 via abc.net.au
  
  The WA Consumer Protection Commissioner is calling on clients of a modular home building company which abruptly closed last week to lodge formal complaints so it can investigate further.
  
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• WA government to appeal $150m Andrew Forrest Fortescue native title payout

  26-08-2026 08:32 via abc.net.au
  
  Mining magnate Andrew Forrest's Fortescue faces a renewed legal battle over a record $150.3 million native title compensation payout, with the WA government confirming it would appeal a landmark Federal Court judgement.
  
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• Breaking: WA government to appeal $150m Andrew Forrest Fortescue native title payout

  26-08-2026 08:32 via abc.net.au
  
  Mining magnate Andrew Forrest's Fortescue faces a renewed legal battle over a record $150.3 million native title compensation payout, with the WA government confirming it would appeal a landmark Federal Court judgement.
  
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• Farmers frustrated as Coles ends arrangement in home of Big Banana

  26-08-2026 08:30 via abc.net.au
  
  Coffs Coast banana farmers struggle to make sense of a decision that will remove their produce from the shelves of a major local supermarket. 
  
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• Anger as Coles in home of the Big Banana to drop local bananas

  26-08-2026 08:30 via abc.net.au
  
  Coffs Coast banana farmers struggle to make sense of a decision that will remove their produce from the shelves of a major local supermarket. 
  
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• Police investigate theft of 400,000 oysters in NSW

  26-08-2026 06:53 via abc.net.au
  
  An oyster business on the New South Wales Mid North Coast estimates as much as $400,000 worth of its stock has been stolen.
  
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• Commercial fishers frustrated with delays to compensation

  26-08-2026 06:34 via abc.net.au
  
  Nine months after their fishery was closed due to sustainability concerns, some commercial demersal fishers are still waiting for compensation payments from the WA government.  
  
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• 'Unfortunate kick in the guts' as inflation data increases RBA rate hike risk

  26-08-2026 05:50 via abc.net.au
  
  Inflation is continuing to cool with the annual headline rate rising to 3.5 per cent in July, but some economists say it has increased the risk of another interest rate hike by the Reserve Bank of Australia this year.
  
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• Lighting products sold on online marketplaces catch fire under testing

  26-08-2026 04:42 via abc.net.au
  
  Testing of more than 130 lighting products available online found most failed to meet Australian standards.
   
  
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• 'Cheap and attractive' lights sold online fail Australian compliance tests

  26-08-2026 04:42 via abc.net.au
  
  Testing of more than 130 lighting products available online found most failed to meet Australian standards.
   
  
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• Court rules tropical island owner can be stripped of lease

  26-08-2026 04:35 via abc.net.au
  
  Despite plans to build new facilities, the Queensland Land Court finds Brampton Island resort is "dilapidated to the point of falling down" with the owners in breach of lease conditions.
  
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• Gulf trucking company halt could force remote grocery price surge

  26-08-2026 01:05 via abc.net.au
  
  Remote grocery prices could surge and more than 70 jobs are at risk after a major Gulf freight company was grounded for compliance and safety issues.
  
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• Victorian offshore wind auction opens with plans to power 1.5 million homes

  26-08-2026 01:03 via abc.net.au
  
  The Victorian government says the auction is a major step towards creating a local offshore wind industry.
  
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• Real estate agent's sales data under scrutiny after awards disqualification

  25-08-2026 23:22 via abc.net.au
  
  A top-ranked WA real estate agent is disqualified from this year's industry awards after discrepancies emerge in his reported sales data.
  
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• One of WA's top realtors disqualified from awards over sales inaccuracies

  25-08-2026 23:22 via abc.net.au
  
  A top-ranked WA real estate agent has been disqualified from this year's industry awards after discrepancies emerged in his reported sales data.
  
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