Accountancy news

• Offcuts strike a chord at musical men’s shed as members build instruments and write own songs

  28-07-2022 23:16 via abc.net.au
  
  Leftover pieces of wood would usually end up in a fireplace, but at the Tamborine Mountain Men's Shed, the offcuts are crafted into ukuleles.
  
  Read more

• Live: NSW Now: Three teens charged with murder over fatal stabbing of 16yo in Sydney

  28-07-2022 22:46 via abc.net.au
  
  MORNING BRIEFING: Three teenagers aged 16 and 17 have been charged over the death of a boy who was found with a stab wound at Ropes Crossing in Sydney's west in early June.
  
  Read more

• Live: NSW Now: Lengthy ambulance ramping times to be scrutinised by parliamentary inquiry

  28-07-2022 22:46 via abc.net.au
  
  MORNING BRIEFING: The pressures facing paramedics and hospital emergency departments are set to be scrutinised by a NSW parliamentary inquiry.  
  
  Read more

• Young mum Sarah is desperate to find a new home in Melbourne's outer suburbs, but she keeps getting knocked back

  28-07-2022 22:22 via abc.net.au
  
  In Melbourne's outer south-east, rents are increasing. Real estate agents say landlords are putting prices up in anticipation of interest rates rises. 
  
  Read more

• Advertisement

• Single mum Sarah has been looking for a rental for six months, but prices keep going up

  28-07-2022 22:22 via abc.net.au
  
  In Melbourne's outer south-east, rents are increasing. Real estate agents say landlords are putting prices up in anticipation of interest rates rises. 
  
  Read more

• Consumers facing 'nightmare' power bills as wholesale electricity costs spike to record highs

  28-07-2022 21:51 via abc.net.au
  
  Millions of households are warned to brace for savage hikes to their power bills as a newly released report reveals prices in Australia's biggest electricity market rocketed to their highest levels on record in the last quarter.
  
  Read more

• 'Cloudy outlook': Companies brace for profit reporting season

  28-07-2022 20:37 via abc.net.au
  
  Australia's publicly listed companies are preparing to deliver their latest results and give their views on the outlook for corporate Australia, which could make for interesting reading.
  
  Read more

• Big businesses have been raking in the profits, but analysts warn shareholders the good times are nearly over

  28-07-2022 20:37 via abc.net.au
  
  Australia's publicly listed companies are preparing to deliver their latest results and give their views on the outlook for corporate Australia, which could make for interesting reading.
  
  Read more

• Advertisement

• 'Dudded hard-working Australians': Coalition funnelled $104 million more into Nationals electorates, audit office finds

  28-07-2022 12:35 via abc.net.au
  
  The Auditor-General has found the former federal government funnelled an extra $100 million into Nationals electorates against the advice of the Infrastructure Department.
  
  Read more

• Coalition funnelled $104 million more to Nationals electorates, audit office finds

  28-07-2022 12:35 via abc.net.au
  
  The auditor-general finds the former federal government funnelled an extra $100 million into Nationals electorates against the advice of the Infrastructure Department.
  
  Read more

• New email shows Stuart Ayres added name to US trade role shortlist

  28-07-2022 12:17 via abc.net.au
  
  New South Wales opposition says an email suggests the Trade Minister "walked" former deputy premier John Barilaro into the high-paid role.
  
  Read more

• Taxpayers spent almost $2 million to lure two tradies to Queensland

  28-07-2022 08:45 via abc.net.au
  
  The Queensland government spent $1.9 million on the Tradies in Paradise campaign, but only two have taken them up on cash incentives to move.
  
  Read more

• Taxpayers spent almost $2 million to lure tradies to Queensland. Just two have got the cash

  28-07-2022 08:45 via abc.net.au
  
  The Queensland government spent $1.9 million on the Tradies in Paradise campaign, but only two have taken them up on cash incentives so far.
  
  Read more

• How the richest woman in Asia lost half her $33.9 billion fortune

  28-07-2022 07:30 via abc.net.au
  
  Yang Huiyan's wealth plunges by more than half to $16.1 billion, down from $33.9 billion a year ago, according to the Bloomberg Billionaires Index.
  
  Read more

• Asia's richest woman loses half her fortune in a year

  28-07-2022 07:30 via abc.net.au
  
  Yang Huiyan's wealth plunges by more than half to $16.1 billion, down from $33.9 billion a year ago, according to the Bloomberg Billionaires Index.
  
  Read more

• Skyrocketing Qantas airfares, axed routes and slashed seats worrying for outback town

  28-07-2022 05:18 via abc.net.au
  
  Tourism Central Australia is holding Qantas to account for its high cost of flights to and from Alice Springs, which could spell disaster for the livability of the tourism hub.
  
  Read more

• Treasurer says households must wear financial pain to tame inflation and escape recession

  28-07-2022 05:13 via abc.net.au
  
  Forecasting a peak in inflation to 7.75 per cent by the year's end, the Treasurer says Australians must brace to take some "tough medicine" if it is to escape a recession.
  
  Read more

• APRA warned Albanese government of 'heightened' housing risks

  28-07-2022 04:16 via abc.net.au
  
  The banking regulator warned the incoming Albanese government that it would face "heightened" risks in the housing market as interest rates rise, documents released under freedom of information show.
  
  Read more

• Sunshine Coast's hot housing market comes to 'abrupt halt' as prices fall

  28-07-2022 03:12 via abc.net.au
  
  Sunshine Coast house prices have recorded a 2.4 per cent decline over three months, but market pressures continue. A property analyst says the region needs to build the equivalent of a new suburb each year for the next 20 years to keep up with population growth.
  
  Read more

• Meta posts first-ever losses as users shift to TikTok

  28-07-2022 02:28 via abc.net.au
  
  The revenue losses come as the industry contends with market instability, growth slowdowns, and increasing competition between platforms.
  
  Read more

• 'Meta has a problem': Facebook's parent company posts first-ever financial loss

  28-07-2022 02:28 via abc.net.au
  
  The revenue losses come as the industry contends with market instability, growth slowdowns, and increasing competition between platforms.
  
  Read more

• No, the Duffer Brothers didn't edit *that* Stranger Things scene, but they have 'George Lucas'd' other moments

  28-07-2022 02:17 via abc.net.au
  
  The Stranger Things' writers have killed rumours that a scene has been edited to make one character seem less creepy. But that doesn't mean the Duffer Brothers haven't "George Lucas'd" other moments in the series.
  
  Read more

• With inflation soaring, WA family finds way to 'live and not just survive'

  28-07-2022 01:52 via abc.net.au
  
  A Mandurah family has found a creative way to combat cost-of-living hikes, gathering three generations under one roof as Australia's inflation figure surges to a 20-year-high.
  
  Read more

• A 'unique' living arrangement is helping one family cope as WA struggles with the worst inflation in the country

  28-07-2022 01:52 via abc.net.au
  
  A Mandurah family has found a creative way to combat cost-of-living hikes, gathering three generations under one roof as Australia's inflation figure surges to a 20-year-high.
  
  Read more

• Natacha saw a gap in Ballarat’s hair market, so she decided to fill it herself

  28-07-2022 01:03 via abc.net.au
  
  When Natacha Adanlessossi arrived in Australia as a refugee, there were no salons in her community that specialised in African women's hair. Eight years later, she has won a Carla Zampatti scholarship for young women to improve her business.
  
  Read more

• 'Heavy weather': Chalmers to warn cost of living will get tougher in economic update

  28-07-2022 00:35 via abc.net.au
  
  The Treasurer is painting a grim picture of the coming months, forecasting spiking inflation, rising unemployment and more interest rate hikes, ahead of a speech to parliament later today.
  
  Read more

Follow @Accountancy_AU on Twitter!