Accountancy news

• ASX rises, Wall Street slips as Jerome Powell says US recession is a 'possibility'

  22-06-2022 23:35 via abc.net.au
  
  The Australian share market rises in morning trade, while Wall Street falls slightly after the US Federal Reserve chairman Jerome Powell tells a Senate committee that a “soft landing” for the US economy will be difficult.
  
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• ASX likely to rise, Wall Street slips as Jerome Powell says US recession is a 'possibility'

  22-06-2022 23:35 via abc.net.au
  
  The Australian share market may begin its day higher, despite a weak performance on Wall Street, after US Federal Reserve chairman Jerome Powell tells a Senate committee that a “soft landing” for the US economy will be difficult.
  
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• Victorian earthquake insurance claims spark most complaints after COVID, flooding

  22-06-2022 22:21 via abc.net.au
  
  Victoria's September 22 earthquake is the third most complained about insurance event in the last year after COVID-19 and east coast flooding, according to the Australian Financial Complaints Authority.
  
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• Tried booking a removalist lately? You might be waiting a while

  22-06-2022 22:13 via abc.net.au
  
  A shortage of labour is affecting almost every industry in Australia, but for removalists the problem is just one of many factors making everyday business more difficult.
  
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• Here's how electric cars will impact the power grid, and what's being done to avert the threat

  22-06-2022 21:30 via abc.net.au
  
  Energy retailers and distributors are preparing for a looming challenge from electric vehicles, with new research revealing they'll add at least 30 per cent demand on the evening peak unless drivers change their behaviour.
  
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• Electric cars are looming threat to the power grid, unless we change our behaviour

  22-06-2022 21:30 via abc.net.au
  
  Energy retailers and distributors are preparing for a looming challenge from electric vehicles, with new research revealing they'll add at least 30 per cent demand on the evening peak unless drivers change their behaviour.
  
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• Electric cars are a looming threat to the power grid, unless we change our behaviour

  22-06-2022 21:30 via abc.net.au
  
  Energy retailers and distributors are preparing for a looming challenge from electric vehicles, with new research revealing they'll add at least 30 per cent demand on the evening peak unless drivers change their behaviour.
  
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• Sarah's one of almost 40 per cent of Australians with mortgages about to face financial pain

  22-06-2022 20:58 via abc.net.au
  
  Almost 40 per cent of Australians with mortgages who have locked in ultra-low fixed interest rates will roll off them as soon as next year, creating fears that more people will default on their loans, creating financial system instability.
  
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• Sarah is one of almost 40 per cent of Australians with mortgages about to face financial pain

  22-06-2022 20:58 via abc.net.au
  
  Almost 40 per cent of Australians with mortgages who have locked in ultra-low fixed interest rates will roll off them as soon as next year, raising fears that more people will default on their loans, creating financial system instability.
  
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• Sarah is about to come off fixed interest rates and face a world of financial pain

  22-06-2022 20:58 via abc.net.au
  
  Almost 40 per cent of Australians that have locked in ultra-low fixed interest rates will roll off them as soon as next year, creating fears that more people will default on their loans, creating financial system instability.
  
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• Fears grow that many Australians could default on their housing loans

  22-06-2022 20:58 via abc.net.au
  
  Almost 40 per cent of Australians with mortgages who have locked in ultra-low fixed interest rates will roll off them as soon as next year, raising fears that more people will default on their loans, creating financial system instability.
  
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• Rex pilots to take industrial action that may affect passengers with 'minor changes' as pay negotiations fail

  22-06-2022 11:31 via abc.net.au
  
  A breakdown in pay negotiations results in 230 Rex pilots voting to take industrial action, but the airline says it is "aligned' with the union by not wishing to negatively impact the travelling public.
  
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• UK inflation has hit a 40-year high — and we're going to feel this in Australia

  22-06-2022 11:15 via abc.net.au
  
  Inflation is soaring to new highs in major global economies and Australia is not immune.
  
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• Sri Lanka's economy has 'completely collapsed', Prime Minister says

  22-06-2022 10:58 via abc.net.au
  
  Sri Lanka's Prime Minister says the debt-laden economy has completely collapsed after months of shortages of food, fuel and electricity.
  
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• Sri Lanka's economy has 'completely collapsed': Prime Minister

  22-06-2022 10:58 via abc.net.au
  
  Sri Lanka's Prime Minister says the debt-laden economy has completely collapsed after months of shortages of food, fuel and electricity.
  
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• 'Flawed' market dominated by 'gentailers' led to Enova's collapse, green energy provider says

  22-06-2022 08:42 via abc.net.au
  
  How can skyrocketing prices drive a "green energy" retailer out of a market grappling with a mix of renewable power sources?
  
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• Nurses and midwives in NSW to strike next week after budget 'slap in the face'

  22-06-2022 08:09 via abc.net.au
  
  Nurses and midwives from 80 hospitals across NSW will strike next Tuesday after union demands were unmet in Tuesday's budget, including pay rises in line with inflation and staff-to-patient ratio requirements. 
  
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• Nurses and midwifes in NSW to strike next week after budget 'slap in the face'

  22-06-2022 08:09 via abc.net.au
  
  Nurses and midwives from 80 hospitals across NSW will strike next Tuesday after union demands were unmet in Tuesday's budget, including pay rises in line with inflation and staff-to-patient ratio requirements. 
  
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• BlueScope plans new life for excess 200ha of steelworks land

  22-06-2022 07:04 via abc.net.au
  
  Steelmaker BlueScope says large tracts of land excess to its requirement at Port Kembla will be up for grabs as it figures out what will be sold or even given away.
  
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• Mixed views over Albanese government's plan to scrap cashless debit card

  22-06-2022 06:16 via abc.net.au
  
  For single mother Kerryn Griffis, who has been on the Cashless Debit Card for more than three years, its removal can't come soon enough. But not everyone wants it gone.
  
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• 'I can get my life back': Kerryn is looking forward to the end of the cashless debit card

  22-06-2022 06:16 via abc.net.au
  
  For single mother Kerryn Griffis, who has been on the Cashless Debit Card for more than three years, its removal can't come soon enough. But not everyone wants it gone.
  
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• 'All this card did was push people down': Why Kerryn is looking forward to the end of the Cashless Debit Card

  22-06-2022 06:16 via abc.net.au
  
  For single mother Kerryn Griffis, who has been on the Cashless Debit Card for more than three years, its removal can't come soon enough. But not everyone wants it gone.
  
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• 'Unprecedented' construction industry challenges stall council projects

  22-06-2022 06:09 via abc.net.au
  
  Builders say staff and materials shortages are making it tough to meet demand. Councils, meanwhile, are being forced to extend tender periods due to a lack of applications.
  
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• Rigid licensing leaves much-needed, qualified livestock truckies sweeping floors

  22-06-2022 05:47 via abc.net.au
  
  Experienced livestock truck drivers emigrating to Australia to fill worker shortages have been frustrated by lengthy delays to access licences.
  
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• US begins banning imports from China's Xinjiang over forced labour and genocide allegations

  22-06-2022 05:00 via abc.net.au
  
  The US is rallying its allies against forced labour as it begins implementing an import ban on goods from China's Xinjiang region.
  
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• Coles responds to urgent requests for pay increase as production costs blow out for farmers

  22-06-2022 04:24 via abc.net.au
  
  Supermarket giant Coles is fielding a spike in pricing appeals from suppliers, who are under the pump to provide low-cost goods in the face of rising production costs. But adding fuel to the fire is the supermarket's demand that producers justify the pay rise.
  
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• Coles asks farmers to prove blowout in production costs as it fields pleas for price increases

  22-06-2022 04:24 via abc.net.au
  
  Supermarket giant Coles is fielding a spike in pricing appeals from suppliers, who are under the pump to provide low-cost goods in the face of rising production costs.
  
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• Crown granted approval to operate Sydney casino

  22-06-2022 03:20 via abc.net.au
  
  The NSW Independent Liquor and Gaming Authority gives Crown Resorts the green light to open the gaming floors in its Barangaroo skyscraper, 15 months after it deemed the company unfit to operate a casino.
  
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• AEMO to end its intervention in east coast market

  22-06-2022 02:20 via abc.net.au
  
  An unprecedented intervention in Australia's east coast energy market will be gradually removed over the next day, with authorities increasingly confident in the supply of wholesale electricity. 
  
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• Do you have a shopping hack you'd like to share? Tell us

  22-06-2022 02:03 via abc.net.au
  
  As priorities shift, shopping without burning a hole in your wallet becomes a skill, so we want to hear your tips and tricks.
  
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• Grace Tame wants government to close paedophile superannuation loophole

  22-06-2022 02:01 via abc.net.au
  
  The former Australian of the Year is calling on the Anthony Albanese's federal government to close a legal loophole that allows paedophiles to quarantine their superannuation from sexual abuse survivors. 
  
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• Grace Tame wants Albanese government to close paedophile superannuation loophole

  22-06-2022 02:01 via abc.net.au
  
  The former Australian of the Year is calling on the Anthony Albanese's federal government to close a legal loophole that allows paedophiles to quarantine their superannuation from sexual abuse survivors. 
  
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• Smash 'em and eat 'em: Growers desperately need you to eat more avocados

  22-06-2022 01:42 via abc.net.au
  
  Would you eat 6kg of avocados in a year? Industry body Avocados Australia says now is the time to take advantage of low prices — and help ease an oversupply.
  
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• How many avos can you smash? Growers desperately need you to eat more

  22-06-2022 01:42 via abc.net.au
  
  Can you eat six kilograms of avocado per year? Industry body Avocados Australia wants you to, asking customers to take advantage of low prices to help ease oversupply.
  
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• World's biggest Indian sandalwood plantation starts new planting cycle since going into administration

  22-06-2022 01:23 via abc.net.au
  
  After celebrating a record harvest last year, Quintis plants new Indian sandalwood trees for the first time since the supplier went into administration during 2018.
  
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• Saltwater salads on the menu helps fix Australia's damaged farmland

  22-06-2022 00:04 via abc.net.au
  
  Rising salinity is a national crisis, destroying plant life and poisoning the soil. But one WA farmer says his one-of-a-kind saltwater greenhouse has the solution.
  
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