Accountancy news

• The interest rate rise is set to hit WA hardest, and it's not just mortgage holders who will suffer

  07-06-2022 23:06 via abc.net.au
  
  With the highest inflation rate in the nation, West Australia is expected to be hit especially hard by the interest rate hike, leaving many questioning how they're going to manage.
  
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• Live: NSW Now: Public sector strike to go ahead, with union officials insisting on 5.2 per cent wage increase

  07-06-2022 23:06 via abc.net.au
  
  MORNING BRIEFING: A statewide strike of public sector workers will go ahead today, despite a commitment by the NSW government to lift wages.
  
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• A perfect storm means West Australians are set to be hit hardest by the latest interest rate rise

  07-06-2022 23:06 via abc.net.au
  
  With the highest inflation rate in the nation, West Australia is expected to be hit especially hard by the interest rate hike, leaving many questioning how they're going to manage.
  
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• Waterfront development corporation faces Independent review

  07-06-2022 21:39 via abc.net.au
  
  The company charged with developing a key Hobart waterfront site will be subject to an independent review in the wake of the Tasmanian parliament hearing allegations of bullying and inappropriate spending.
  
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• Why Sydney's house prices could be a warning for the rest of the country

  07-06-2022 21:10 via abc.net.au
  
  As interest rates rise, Sydney house prices are dropping and experts say it is a "bellwether" for what is about to happen across the rest of the country.
  
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• Sydney house prices are dropping and experts say it's an indicator of what's going to happen across Australia

  07-06-2022 21:10 via abc.net.au
  
  As interest rates rise, Sydney house prices are dropping and experts say it is a "bellwether" for what is about to happen across the rest of the country.
  
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• Worried about your mortgage repayments rising? Here's what can help

  07-06-2022 20:40 via abc.net.au
  
  The official interest rate has gone up again, this time by half a percentage point. It could mean an extra $1,600 in payments per year on a $500,000 loan. Here are some tips to help manage your mortgage.
  
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• Worried about the rate rise? Read this

  07-06-2022 20:40 via abc.net.au
  
  The official interest rate has gone up again, this time by half a percentage point. It could mean an extra $1,600 in payments per year on a $500,000 loan. Here are some tips to help manage your mortgage.
  
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• What is Chinese money buying for the Pacific? We take a look

  07-06-2022 20:37 via abc.net.au
  
  China's presence in the Pacific has been thrown into the spotlight following a controversial pact with Solomon Islands. But Beijing's involvement in the Pacific is nothing new.
  
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• 'Don't be too nervous': China is pouring money into the Pacific, and it goes beyond the 'panic' of military bases

  07-06-2022 20:37 via abc.net.au
  
  China's presence in the Pacific has been thrown into the spotlight following a controversial pact with Solomon Islands. But Beijing's involvement in the Pacific is nothing new.
  
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• Problems at home and abroad are hampering the energy ministers trying to cut your power bill

  07-06-2022 20:34 via abc.net.au
  
  The Commonwealth, state and territory energy ministers are meeting today for the first time since Labor's federal election victory last month. But here's why short-term relief from rising gas and electricity prices is unlikely.
  
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• Energy ministers are meeting to discuss rising prices. But they're not likely to fix energy affordability in the short term

  07-06-2022 20:34 via abc.net.au
  
  The Commonwealth, state and territory energy ministers are meeting today for the first time since Labor's federal election victory last month. But here's why short-term relief from rising gas and electricity prices is unlikely.
  
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• Energy ministers are meeting over rising prices. But they're unlikely to fix short-term affordability

  07-06-2022 20:34 via abc.net.au
  
  The Commonwealth, state and territory energy ministers are meeting today for the first time since Labor's federal election victory last month. But here's why short-term relief from rising gas and electricity prices is unlikely.
  
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• European Union rules all smartphones will require the same charger from 2024

  07-06-2022 16:06 via abc.net.au
  
  Apple will have to change the connector on iPhones sold in Europe by 2024 after European Union politicians agree on a single mobile charging port for mobile phones, tablets and cameras.
  
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• Planning delays as regional councils struggle with 'impossible' NSW online portal

  07-06-2022 11:48 via abc.net.au
  
  Southern NSW councils will meet with the state's planning minister this week over concerns that an online planning system is creating lengthy delays and prompting staff to quit their jobs.
  
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• Energy giants ramp up gas-fired Tallawarra and lay the slab for hydrogen as Forrest's floating LNG takes shape

  07-06-2022 11:48 via abc.net.au
  
  Energy giants of the Illawarra are responding to the national gas crisis by increasing supply and talking up both renewable and coal seam gas options.
  
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• Westpac to raise variable mortgage rates by 0.5 per cent, matching RBA's rate hike

  07-06-2022 11:30 via abc.net.au
  
  Westpac takes the lead as the first major bank to pass on the full value of the Reserve Bank’s surprise rise in interest rates to mortgage borrowers.
  
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• Westpac to raise variable mortgage rates by 0.5 per cent, matching RBA rate hike

  07-06-2022 11:30 via abc.net.au
  
  Westpac takes the lead as the first major bank to pass on the full value of the Reserve Bank’s surprise rise in interest rates to mortgage borrowers.
  
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• CBA, ANZ and NAB join Westpac passing on full rate rise of 0.5pc

  07-06-2022 11:30 via abc.net.au
  
  The Commonwealth Bank, ANZ and NAB join Westpac in passing on the Reserve Bank's interest rate rise to mortgage borrowers in full.
  
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• Treasurer warns life will become more expensive before inflation is brought under control

  07-06-2022 08:22 via abc.net.au
  
  Jim Chalmers says a rise in interest rates is "difficult news" for home owners and warns life in Australia is set to become even more expensive.
  
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• Treasurer warns life will become more expensive before inflation is bought under control

  07-06-2022 08:22 via abc.net.au
  
  Jim Chalmers says a rise in interest rates is "difficult news" for home owners and warns life in Australia is set to become even more expensive.
  
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• Interest rates have risen again, which means more financial stress for everyday Australians. Tell us how it impacts you

  07-06-2022 08:00 via abc.net.au
  
  The cost of living is rising, and with everything from mortgage rates to grocery prices going up, more Australians are under financial pressure. We want to hear how it's impacting you. 
  
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• Reserve Bank lifts interest rates half a percentage point, causing more pain for borrowers

  07-06-2022 06:38 via abc.net.au
  
  The Reserve Bank increases interest rates by 50 basis points, taking the cash rate target to 0.85 per cent — well ahead of most economists' expectations.
  
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• Prime agricultural land set to be farmed again after 13-year battle with miner

  07-06-2022 06:23 via abc.net.au
  
  Gunn Agri Partners will add about 6,000 hectares of land on the Liverpool Plains to its portfolio after Shenhua abandoned its plan for a coal mine.
  
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• Mayor's prediction for rate rise as the 'cost of doing business' goes up

  07-06-2022 05:38 via abc.net.au
  
  Brisbane residents will be slugged with a rate rise next week which Lord Mayor Adrian Schrinner says is needed by an organisation that "builds a lot of things and provides a lot of services".
  
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• Brisbane council rates set to increase below city inflation levels as the 'cost of doing business' goes up

  07-06-2022 05:38 via abc.net.au
  
  Brisbane households should plan for a rate rise in the council's budget next week, the lord mayor says, but it will not pass the city's current inflation rate of 6 per cent.
  
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• Live: RBA expected to lift cash rate to rein in inflation

  07-06-2022 05:28 via abc.net.au
  
  The federal government is warning Australians to brace for further interest rate rises as the Reserve Bank is expected to lift the cash rate in an attempt to rein in inflation. Follow live.
  
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• Live: RBA announces cash rate increase amid soaring inflation

  07-06-2022 05:28 via abc.net.au
  
  The Reserve Bank has announced a cash rate rise. Follow live.
  
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• Live: Australian households could be under 'extraordinary pressure' after RBA raises cash rate

  07-06-2022 05:28 via abc.net.au
  
  The Reserve Bank announces a cash rate rise of half a percentage point. Follow live.
  
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• Australian households could be under 'extraordinary pressure' after RBA raises cash rate — as it happened

  07-06-2022 05:28 via abc.net.au
  
  The Reserve Bank announces a cash rate rise of half a percentage point. Look back at how the day unfolded in our live blog. 
  
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• Ryanair faces South African backlash after giving passengers 'discriminatory' test to prove nationality

  07-06-2022 04:40 via abc.net.au
  
  Ryanair is requiring South African passengers to prove their nationality before travelling by completing a test in Afrikaans, a language used by just 12 per cent of the population that has long been identified with apartheid and the white minority.
  
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• Ryanair faces South African backlash after giving passengers 'discrimantory' test to prove nationality

  07-06-2022 04:40 via abc.net.au
  
  Ryanair is requiring South African passengers to prove their nationality before travelling by completing a test in Afrikaans, a language used by just 12 per cent of the population that has long been identified with apartheid and the white minority.
  
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• ‘It’s making me sick’: Eight months after a hailstorm, this woman still can’t live in her damaged house

  07-06-2022 04:20 via abc.net.au
  
  Fiona Harris says her insurer has put down tools and offered a cash settlement "nowhere near enough to finish" her home. But Youi says their offer of $250,000 is "generous".
  
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• 'It's making me sick': Eight months after a hailstorm, Fiona still can't live in her damaged house

  07-06-2022 04:20 via abc.net.au
  
  Fiona Harris says her insurer has put down tools and offered a cash settlement "nowhere near enough to finish" her home. But Youi says its offer of $250,000 is "generous".
  
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• What is ANZ's paid gender affirmation leave and who else offers it?

  07-06-2022 03:16 via abc.net.au
  
  ANZ has introduced a new entitlement allowing employees based in Australia and New Zealand to take paid leave while they are affirming their gender. We look at what gender affirmation leave is, which major companies already have it, and other types of leave you might not know are available to you. 
  
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• ANZ introduces paid gender affirmation leave. What is it and what other types of leave are there?

  07-06-2022 03:16 via abc.net.au
  
  ANZ introduces a new entitlement allowing employees based in Australia and New Zealand to take paid leave while they are affirming their gender. We look at what gender affirmation leave is, which major companies already have it, and other types of leave you might not know are available to you. 
  
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• Who's going to work? Small town store falls victim to labour crisis

  07-06-2022 01:34 via abc.net.au
  
  A general store owner will shut up shop after two of his three staff found new jobs. He fears the closure could have dire consequences for the town but other business owners are more optimistic.
  
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• Fears for Great Southern town as worker shortage forces closure of vital store

  07-06-2022 01:34 via abc.net.au
  
  Three staff were employed at Cranbrook's general store but two have taken jobs outside the town and it has been a struggle to find anyone to replace them.
  
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• Quickest fix to gas crisis is to bring coal plants back online, Resources Minister says

  07-06-2022 01:17 via abc.net.au
  
  New Resources Minister Madeleine King says restoring ageing coal plants that went offline due to unexpected outages would provide quick relief to the east coast gas crisis.
  
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• Second-hand auction prices 'grossly exceeding' full retail as stock shortage bite

  07-06-2022 00:09 via abc.net.au
  
  Industrial auction markets selling everything from second-hand vehicles to agricultural equipment are setting records with auction prices are booming above retail.
  
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• Elon Musk threatens to walk away from Twitter deal over fake accounts

  07-06-2022 00:09 via abc.net.au
  
  The founder of electric car maker Tesla, Elon Musk, is threatening to abandon his $61 billion takeover bid for social media platform Twitter. He is alleging the company refused to give him information about fake accounts. Meanwhile, Wall Street eked out a gain overnight. 
  
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• Australian dollar jumps as RBA hikes rates to 0.85pc

  07-06-2022 00:09 via abc.net.au
  
  The Australian dollar jumps briefly above 72 US cents as the Reserve Bank raises interest rates by 0.5pc to 0.85pc, while the share market slips nearly 2 per cent, dragged down by banks. 
  
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• ASX slumps, Australian dollar volatile as RBA hikes rates to 0.85pc

  07-06-2022 00:09 via abc.net.au
  
  The Australian dollar jumps briefly above 72 US cents as the Reserve Bank raises interest rates by 0.5pc to 0.85pc, while the share market slips 1.5 per cent, dragged down by banks. 
  
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• ASX opens in the red, Musk threatens to dump Twitter deal over fake accounts

  07-06-2022 00:09 via abc.net.au
  
  The ASX is in the red as investors await another interest rate rise from the Reserve Bank.  Meanwhile, Elon Musk is threatening to abandon his $61 billion takeover bid for social media platform Twitter, alleging the company refused to give him information about fake accounts. 
  
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• ASX in the red, Musk threatens to dump Twitter deal over fake accounts

  07-06-2022 00:09 via abc.net.au
  
  The ASX is in the red as investors await another interest rate rise from the Reserve Bank.  Meanwhile, Elon Musk is threatening to abandon his $61 billion takeover bid for social media platform Twitter, alleging the company refused to give him information about fake accounts. 
  
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