Accountancy news

• 'There's a lot of people very scared': Coal town reacts to industry deadline

  14-06-2022 23:59 via abc.net.au
  
  Western Australia will do away with coal power by 2029, leaving the state's electricity hub without its major industry. But residents say the people of Collie knew the "tough day" was coming and are sandbagging their livelihoods.
  
  Read more

• 'A lot of people very scared': Coal town reacts to industry deadline

  14-06-2022 23:59 via abc.net.au
  
  Western Australia will do away with coal power by 2029, leaving the state's electricity hub without its major  industry. But residents say the people of Collie knew the "tough day" was coming and are sandbagging their livelihoods.
  
  Read more

• US stocks lose more ground ahead of expected Federal Reserve interest rate hike

  14-06-2022 23:51 via abc.net.au
  
  US stocks have ended mainly lower ahead of the outcome of the latest meeting of the US Federal Reserve, which is expected to raise official interest rates by as much as 0.75 per cent on Thursday. 
  
  Read more

• US stocks lose ground ahead of expected rate rise, Australian dollar slumps

  14-06-2022 23:51 via abc.net.au
  
  US stocks have ended mainly lower ahead of the outcome of the latest meeting of the US Federal Reserve, which is expected to raise official interest rates by as much as 0.75 per cent on Thursday. The Australian dollars falls below 69 US cents as greenback soars. 
  
  Read more

• Advertisement

• ASX and US stocks lose ground ahead of expected rate rise, Australian dollar slumps

  14-06-2022 23:51 via abc.net.au
  
  As the Australian dollars falls below 69 US cents, the local share market opens down again after US stocks ended lower overnight ahead of the next meeting of the US Federal Reserve, which may lift official interest rates by 0.75 per cent on Thursday.
  
  Read more

• ASX and US stocks lose ground ahead of expected rate rise

  14-06-2022 23:51 via abc.net.au
  
  The Australian share market lost ground for the fourth day in a row as investors await a big interest rate rise by the US central bank, and as the Australian energy market operator suspends the wholesale electricity spot market to avert power shortages. 
  
  Read more

• Iconic Red Centre pub Bojangles to re-open after Liquor Commission overruled

  14-06-2022 23:09 via abc.net.au
  
  The new owners of Bojangles Saloon and Restaurant have been granted a late-night liquor licence after a protracted stoush with the Northern Territory Liquor Commission.
  
  Read more

• 'The time for Australia is now': How the country could help ease global fertiliser woes

  14-06-2022 23:04 via abc.net.au
  
  As Russia's invasion of Ukraine exacerbates a global shortage of fertiliser, Australian miners want to make the country a globally preferred exporter while also creating domestic security.
  
  Read more

• Advertisement

• The Gold Coast seaside suburbs with properties under $1 million

  14-06-2022 22:36 via abc.net.au
  
  Those who hold on to the dream of living by the ocean may be in luck as Gold Coast property data shows there are still suburbs where houses can be bought for a reasonable price. 
  
  Read more

• Sugarcane pulp powers 30 per cent of this city's houses, could the rest of Australia follow?

  14-06-2022 22:03 via abc.net.au
  
  The sugar industry has a proven ability to produce renewable energy, so why aren't more homes being powered by sugar?
  
  Read more

• Why are generators withdrawing supply in the midst of an energy crisis?

  14-06-2022 21:42 via abc.net.au
  
  Five of Queensland's state-owned power generators are currently not operating. Others are being turned off on purpose as blackouts threaten. 
  
  Read more

• Tourists 'come for the wilderness and trees, not logging', Tasmanian operator says

  14-06-2022 21:27 via abc.net.au
  
  A wilderness tour operator in Tasmania joins the call for the native logging industry to end, saying it gives the "wrong message" to interstate visitors — with a Wilderness Society-backed report likening the annual carbon emissions from logging to "a million cars".
  
  Read more

• Report likens carbon emissions from native forest logging to 'a million cars'

  14-06-2022 21:27 via abc.net.au
  
  Logging Tasmania's native forests produces roughly the equivalent annual greenhouse gas emissions as 1.1 million cars, a new Wilderness Society-backed report by forest ecologist Jennifer Sanger says.
  
  Read more

• Green backed report likens carbon emissions from native forest logging to 'a million cars'

  14-06-2022 21:27 via abc.net.au
  
  Logging Tasmania's native forests produces roughly the equivalent annual greenhouse gas emissions as 1.1 million cars or 422,000 return flights to London, a new Wilderness Society-backed report by forest ecologist Jennifer Sanger says.
  
  Read more

• Airport mask mandate can go, health chiefs say

  14-06-2022 12:53 via abc.net.au
  
  The AHPPC considers that it is no longer proportionate to mandate mask use in airport terminals. Individual states can now drop the mandate as early as midnight June 17.
  
  Read more

• Reserve Bank governor warns it is unclear how high interest rates will go

  14-06-2022 11:03 via abc.net.au
  
  Philip Lowe has warned Australians they need to be prepared for substantial interest rate rises over the rest of this year, conceding he's not sure how high they might go.
  
  Read more

• Confused by what's happening on the stock market? Here's what it all means

  14-06-2022 09:48 via abc.net.au
  
  There are fears we could be on the verge of another global recession and investors are spooked. 
  
  Read more

• 'There is a finite resource': Locals voice concerns over planned West Gippsland housing development

  14-06-2022 09:04 via abc.net.au
  
  A 304-house subdivision has been proposed for a 45-hectare parcel of agricultural land at Yarragon.
  
  Read more

• WA government to exit coal power with billion-dollar push towards green energy

  14-06-2022 07:08 via abc.net.au
  
  Western Australia's government calls time on its involvement in coal power, declaring the state will exit the market before 2030 and plough billions of dollars into renewable energy and storage.
  
  Read more

• WA government calls end to involvement in coal power as Collie plants set to close

  14-06-2022 07:08 via abc.net.au
  
  Western Australia's government calls time on its involvement in coal power, declaring the state will exit the market before 2030 and plough billions of dollars into renewable energy and storage.
  
  Read more

• Fight against corruption 'impacted' by $1.3 million budget cut, ICAC boss warns

  14-06-2022 06:53 via abc.net.au
  
  On top of the cuts, the NT's Independent Commissioner Against Corruption also reveals a probe into claims someone misled cabinet had to be discontinued because of legislative restrictions.
  
  Read more

• Pentagon strikes $US120m deal with Aussie miner

  14-06-2022 06:33 via abc.net.au
  
  Lynas Rare Earths has been awarded a contract by the US Department of Defence to build a processing facility in Texas.
  
  Read more

• What is load shedding and why is it threatening to pitch millions of Australians into darkness?

  14-06-2022 06:23 via abc.net.au
  
  In the electricity industry, no two words instil a greater sense of fear or failure as load shedding. Here's why.
  
  Read more

• Estate of the art: Artist brushes Byron Bay to find home for new gallery

  14-06-2022 06:16 via abc.net.au
  
  The director of Lundberg says his escape from Sydney to the Northern Rivers was complete when he discovered an inland town's industrial estate, much to the surprise of his tradie neighbours.
  
  Read more

• Trucking bodies have known what's wrong with their industry for years. They say it's time for solutions

  14-06-2022 05:52 via abc.net.au
  
  The peak body for Victorian road freight is calling on the government to make it easier for young people to become truck drivers, as the industry grapples with a critical shortage.
  
  Read more

• Should teenagers be allowed to drive big trucks? The transport industry says 'yes'

  14-06-2022 05:52 via abc.net.au
  
  The peak body for Victorian road freight is calling on the government to make it easier for young people to become truck drivers, as the industry grapples with a critical shortage.
  
  Read more

• Let teenagers drive big trucks: Why the transport industry is calling for change

  14-06-2022 05:52 via abc.net.au
  
  A road transport authority wants the Victorian government to make it easier for young people to get truck licences, as the critical shortage of drivers gets worse every day.
  
  Read more

• Who is Russia's new burger tsar?

  14-06-2022 05:26 via abc.net.au
  
  The billionaire businessman who has taken over McDonald's outlets in Russia wants to expand his new chain to 1,000 locations across the country.
  
  Read more

• Court told 47 charges against Guy Sebastian's former manager still valid despite judge's not guilty direction

  14-06-2022 04:39 via abc.net.au
  
  A Sydney jury that was directed by a judge to find Guy Sebastian's former manager not guilty of three embezzlement charges is told the development doesn't reflect the validity of 47 remaining charges. 
  
  Read more

• SA government reaches compromise over workers compensation changes

  14-06-2022 04:33 via abc.net.au
  
  South Australian workers will still be able to claim compensation for multiple injuries caused in the same incident, following the state government backing down after pressure from unions.
  
  Read more

• Nundah project to add 49 units, retail space to busy suburban corner

  14-06-2022 04:11 via abc.net.au
  
  Nundah residents hope building plans for an old corner will invigorate the suburb, but some fear an influx of residents may make traffic congestion worse.
  
  Read more

• 'Gold CityGlider' could link Woolloongabba to Hamilton, but Greens councillor says route too long

  14-06-2022 04:11 via abc.net.au
  
  The proposed high-frequency bus service could help commuters get from the southside to the north if approved by the state government.
  
  Read more

• Live: Tens of billions wiped off ASX as recession fears sink global markets. What does it all mean?

  14-06-2022 02:38 via abc.net.au
  
  Tens of billions of dollars have been wiped off the value of Australia's top companies amid global markets sinking on worries of more aggressive interest rate hikes by the US central bank. Join business reporter Sue Lannin as we take a closer look at what's happening and what it all means. Follow live.
  
  Read more

• Live: Tens of billions wiped off ASX as recession fears sink global markets

  14-06-2022 02:38 via abc.net.au
  
  Tens of billions of dollars have been wiped off the value of Australia's top companies amid global markets sinking on worries of more aggressive interest rate hikes by the US central bank. Follow live.
  
  Read more

• Live: ASX 200 3.6pc down after recession fears wipe tens of billions from share market

  14-06-2022 02:38 via abc.net.au
  
  The Australian share market has plunged on global fears of rising interest rates in the US. Follow live with business reporter Sue Lannin to unpack what it all means.
  
  Read more

• ASX 200 3.6pc down after recession fears wipe tens of billions from share market — as it happened

  14-06-2022 02:38 via abc.net.au
  
  The Australian share market has plunged on global fears of rising interest rates in the US. Business reporter Sue Lannin unpacks what it all means.
  
  Read more

• Government optimistic east coast blackouts can be avoided today

  14-06-2022 01:45 via abc.net.au
  
  Federal Energy Minister Chris Bowen is confident the east coast can avoid blackouts and load shedding today, despite further dire warnings about demand for electricity outstripping supply.
  
  Read more

• US stocks plunge on inflation worries, S&P plunges 4 per cent

  14-06-2022 00:16 via abc.net.au
  
  US stocks have been dumped by investors as they worry more aggressive interest rate rises by the US Federal Reserve could tip the global economy into recession. 
  
  Read more

• 'One of the worst down days': ASX plunges nearly 5pc, global stocks slump on recession fears

  14-06-2022 00:16 via abc.net.au
  
  Australian, US and global stocks are dumped by investors as they worry more aggressive interest rate rises by the US Federal Reserve could tip the global economy into recession. 
  
  Read more

• ASX plunges 4 per cent, global stocks slump on recession fears

  14-06-2022 00:16 via abc.net.au
  
  Australian, US and global stocks have been dumped by investors as they worry more aggressive interest rate rises by the US Federal Reserve could tip the global economy into recession. 
  
  Read more

• $88 billion wiped off Australian share market on 'one of the worst down days'

  14-06-2022 00:16 via abc.net.au
  
  Australian, US and global stocks are dumped by investors as they worry more aggressive interest rate rises by the US Federal Reserve could tip the global economy into recession. 
  
  Read more

Follow @Accountancy_AU on Twitter!