Accountancy news

• US stocks sold off as World Bank warns of global recession

  15-09-2022 23:44 via abc.net.au
  
  Wall Street stumbles again on worries about steep interest rate rises next week by the Federal Reserve, and the World Bank says rate rises by central banks could plunge the global economy into recession. 
  
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• RBA governor warns of global economic uncertainty, ASX falls

  15-09-2022 23:44 via abc.net.au
  
  The Reserve Bank governor says the pace of interest rate rises may be reduced if the Australian economy pulls back, the ASX and Wall Street stumble again on worries about steep interest rate rises next week by the Federal Reserve. 
  
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• ASX resumes sell-off, World Bank warns of global recession

  15-09-2022 23:44 via abc.net.au
  
  The ASX and Wall Street stumble again on worries about steep interest rate rises next week by the Federal Reserve. The World Bank warns of a global recession because of rising interest rates. 
  
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• ASX resumes sell-off, RBA governor and World Bank warns of global economic hit from higher rates

  15-09-2022 23:44 via abc.net.au
  
  The ASX and Wall Street stumble again on worries about steep interest rate rises next week by the Federal Reserve, and after the Reserve Bank governor says more rate rises are needed to curb inflation.  The World Bank warns of a global recession because of higher rates. 
  
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• 130 jobs to go at James Cook University as student numbers plunge

  15-09-2022 22:46 via abc.net.au
  
  The North Queensland university says cutting 130 jobs will allow it to claw back $11 million a year, but unions fear the decision will cause students to suffer. 
  
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• Gold Coast has 'never been more popular', but operators are desperate for staff

  15-09-2022 22:04 via abc.net.au
  
  With the September school holidays on the horizon, tourism operators are buoyant with bookings but struggling to find staff. 
  
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• Plans to pipe 3,300ML a year from the NT's Roper River rejected

  15-09-2022 21:59 via abc.net.au
  
  An ilmenite mine in the Northern Territory that wants to double its production has been dealt a blow by the water controller.
  
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• The Spilsburys spend $3,000 a week freighting goods to their outback store and it's starting to hurt

  15-09-2022 21:50 via abc.net.au
  
  Rural residents like Val and Bob Spilsbury pay more for fuel than those in the city. With the cost of diesel set to increase, outback farmers, business owners and tourist operators are worried about the lack of solutions.
  
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• 'How long can we cope?': Outback businesses brace for fuel excise increase

  15-09-2022 21:50 via abc.net.au
  
  Rural residents like Val and Bob Spilsbury pay more for fuel than those in the city. With the cost of diesel set to increase, outback farmers, business owners and tourist operators are worried about the lack of solutions.
  
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• Rat forces supply ship into quarantine as food runs low on Lord Howe Island

  15-09-2022 11:47 via abc.net.au
  
  Peak tourist season is underway on the island 600km off the coast of NSW, but essential supplies are depleting after the rodent sighting stopped the ship from delivering its usual goods.
  
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• NSW government rejects 20,000-strong petition to end native logging as committee calls for more timber plantations

  15-09-2022 11:06 via abc.net.au
  
  An online petition amassing more than 20,000 signatures in support of ending native logging fails to move the NSW government, which says it must balance the interests of 7 million citizens in its management of "public assets". 
  
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• Tasmania to introduce gambling limits, as hospitality group blasts 'lies, lies, lies' of Liberals

  15-09-2022 10:37 via abc.net.au
  
  A new move to limit the amount of money punters can pour into poker machines in Tasmania wins praise, with the government saying it is the "right thing to do" — but the local pubs and clubs association is fuming.
  
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• 'Lies, lies, lies': Hotels group fuming after their election pick introduces gambling limits

  15-09-2022 10:37 via abc.net.au
  
  A new move to limit the amount of money punters can pour into poker machines in Tasmania wins praise, with the government saying it is the "right thing to do" — but the local pubs and clubs association is fuming.
  
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• 'Lies, lies, lies': Hotels group fuming after state Liberal government announces 'nation-leading' pokies limits

  15-09-2022 10:37 via abc.net.au
  
  A new move to limit the amount of money punters can pour into poker machines in Tasmania wins praise, with the government saying it is the "right thing to do" — but the local pubs and clubs association is fuming.
  
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• 'Lies, lies and more lies': Hospitality group reeling after Liberal government announces 'nation-leading' pokies limits

  15-09-2022 10:37 via abc.net.au
  
  A new move to limit the amount of money punters can pour into poker machines in Tasmania wins praise, with the government saying it is the "right thing to do" — but the local pubs and clubs association is fuming.
  
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• Patagonia founder gives away $4.4 billion company to help fight climate change

  15-09-2022 09:28 via abc.net.au
  
  Billionaire Yvon Chouinard is giving away 98 per cent of his company to a not-for-profit organisation that will use "the wealth Patagonia creates to protect the source of all wealth".
  
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• Victoria's backpacker industry bouncing back with hopes working travellers can fill staff shortages

  15-09-2022 08:09 via abc.net.au
  
  The return of working holidaymakers is an untapped resource to fill Victoria's workforce shortage, tourism advocates say, with numbers expected to hit pre-pandemic levels next year.
  
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• Fury as remote flight cancellation leaves key workers in the lurch

  15-09-2022 07:22 via abc.net.au
  
  A health director who missed an important conference says Airnorth did not even contact her about the situation.
  
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• Plan to recycle 88 million household batteries a year and keep them out of landfill

  15-09-2022 07:19 via abc.net.au
  
  Up to 2,000 tonnes of single-use household batteries will be recycled each year at Port Pirie's South Australian smelter site, with copper and zinc extracted from them and exported overseas.
  
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• It's been nearly a year since Bonza unveiled its plans, so why does the company remain grounded?

  15-09-2022 07:15 via abc.net.au
  
  Routes are out, the first cabin crew has been trained, the first plane named, an app-based booking system set up and the uniforms unveiled. All Bonza needs now is the green light. 
  
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• Minister threatens court action against Sydney rail staff who switch off Opal card readers

  15-09-2022 07:08 via abc.net.au
  
  NSW Transport Minister David Elliott says he will take rail workers to court if they are seen switching off Opal card readers next week as part of ongoing industrial action.
  
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• How Queensland's notorious level crossings are changing to save lives

  15-09-2022 06:38 via abc.net.au
  
  Keeping trains and cars apart will be a key focus of a level crossing strategy as the government builds a range of bridges to minimise crashes and disruptions.
  
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• Ukraine calls for 30 more Bushmasters, offers to pressure-test new Hawkeis

  15-09-2022 06:01 via abc.net.au
  
  Ukraine's ambassador to Australia says troops are getting creative in the way they're using Bendigo-made Bushmasters in the war with Russia.
  
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• Woman with toy gun grabs trapped savings from Beirut bank amid string of similar incidents

  15-09-2022 05:17 via abc.net.au
  
  A woman with a toy pistol breaks into a Beirut bank branch, taking more than $17,700 from her trapped savings.
  
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• Withdrawing super early leaves people unemployed longer, lower paid

  15-09-2022 04:44 via abc.net.au
  
  Millions of Australians who withdrew their superannuation early during the former government's pandemic scheme were on average unemployed for longer and eventually paid less, a landmark study has found.
  
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• Unemployed longer and lower paid: Early super withdrawal leaves Australians worse off

  15-09-2022 04:44 via abc.net.au
  
  Millions of Australians who withdrew their superannuation early during the former government's pandemic scheme were on average unemployed for longer and eventually paid less, a landmark study has found.
  
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• Milk prices are set to rise and it's not just down to inflation

  15-09-2022 04:20 via abc.net.au
  
  You could soon be paying more for a bottle of milk after a massive shortfall in production across Australia. Meanwhile, local dairy farmers are leaving the industry in droves.
  
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• Unemployment rises for the first time in 10 months despite continuing jobs boom

  15-09-2022 03:42 via abc.net.au
  
  Australia's unemployment rate rises for the first time in 10 months, despite more than 30,000 jobs being added to the economy in August.
  
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• Amol just switched jobs to get a pay rise, and a strong jobs market has many others doing the same

  15-09-2022 03:42 via abc.net.au
  
  Australia's unemployment rate rises for the first time in 10 months, despite more than 30,000 jobs being added in August.
  
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• Marsupial lions? Plus-size kangaroos? It's all on show here

  15-09-2022 03:10 via abc.net.au
  
  Menindee is the home for a new megafauna display that showcases extinct species from as far back as 60,000 years ago.
  
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• Kebab shop asks for 'girls only' in job ad, sparking gender discrimination discussion

  15-09-2022 02:43 via abc.net.au
  
  A West Australian kebab shop asks for "girls only" in an employment ad with the owner saying it is because girls are "more gentle and friendly".
  
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• Australian Pacific Coal plans to reopen controversial Upper Hunter mine, Dartbrook next year

  15-09-2022 02:20 via abc.net.au
  
  The owners of the mothballed Dartbrook coal mine in the Upper Hunter say they plan to restart the mine within 18 months, but it will cost more than $300 million.
  
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• Calls for ASIC to investigate The Star Entertainment Group after damning inquiry released

  15-09-2022 01:24 via abc.net.au
  
  NSW Independent Casino Commission chief Philip Crawford says the corporate regulator should "have a good hard look" at The Star Entertainment Group, after a report this week found the company was "not suitable" to hold a licence for its Sydney casino.
  
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• Bega says paying Australian farmers less will boost peanut sales, but are consumers set to save?

  15-09-2022 01:21 via abc.net.au
  
  Bega Foods says the move will lead to more shoppers choosing Australian-grown peanuts, but finding them on the shelves mightn't be so easy.
  
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• Why the Year of the Rabbit coin could be worth a small fortune

  15-09-2022 01:03 via abc.net.au
  
  Commemorative coin sets are often sought out by collectors but, with the passing of Queen Elizabeth, this coin could top the list of "must-haves".
  
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• Businesses urge Victorian parties to replace stamp duty with land tax

  15-09-2022 00:48 via abc.net.au
  
  Victoria's peak business group urges political parties to follow the lead of New South Wales in moving away from one-off stamp duty payments and towards a land tax system.
  
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• Unqualified hairdressers a risk to clients and employees, industry body says

  15-09-2022 00:23 via abc.net.au
  
  The Australian Hairdressing Council is calling for a code of practice to weed out unqualified hairdressers in the industry, with only New South Wales and South Australia requiring regulated training.
  
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• How do you know if your hairdresser is qualified?

  15-09-2022 00:23 via abc.net.au
  
  The Australian Hairdressing Council is calling for a code of practice to weed out unqualified hairdressers in the industry, with only New South Wales and South Australia requiring regulated training.
  
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• US investors lick their wounds after global share market rout

  15-09-2022 00:01 via abc.net.au
  
  Wall Street ends higher in cautious trade after yesterday's share market rout on fears of more aggressive interest rate rises by the US Federal Reserve. A fall in US producer prices improved confidence. 
  
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• Investors lick their wounds after global share market rout, Westpac closes branches

  15-09-2022 00:01 via abc.net.au
  
  The ASX and Wall Street made modest gains in cautious trade after yesterday's share market rout. Westpac and CBA plan to close more bank branches. 
  
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• Investors lick their wounds after global share market rout

  15-09-2022 00:01 via abc.net.au
  
  The ASX has opened higher and Wall Street gained in cautious trade after yesterday's share market rout on fears of more aggressive interest rate rises by the US Federal Reserve. A fall in US producer prices improved confidence. 
  
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