Accountancy news

• NSW taxi industry accepts $150,000 payout per cab, after initial rebuff

  07-11-2022 22:40 via abc.net.au
  
  The taxi council accepts a multi-million-dollar offer from the NSW government to compensate the industry after initially rejecting the proposal
  
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• ASX to rise as Wall Street rallies, European stocks hit a seven-week high

  07-11-2022 21:33 via abc.net.au
  
  Australian shares are expected to start the day higher after global equity markets climbed, with European stocks closing at a seven-week high.
  
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• ASX rises as Wall Street rallies, European stocks hit a seven-week high

  07-11-2022 21:33 via abc.net.au
  
  Australian shares open higher after global equity markets climbed, with European stocks closing at a seven-week high.
  
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• ASX rises as James Hardie falls on outlook cut, global markets rise ahead of US mid-terms

  07-11-2022 21:33 via abc.net.au
  
  Australian shares have risen, eyeing a third straight session of gains led by financial stocks, supported by sustained optimism about the US Federal Reserve considering easing off on its aggressive rate-hike stance.
  
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• ASX rises as James Hardie falls on outlook cut, global markets rise ahead of US midterms

  07-11-2022 21:33 via abc.net.au
  
  Australian shares have risen for a third straight session, supported by sustained optimism about the US Federal Reserve considering easing off on its aggressive rate-hike stance.
  
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• Volvo won't sell petrol cars here by 2026. Will the likes of Toyota and Ford follow their lead?

  07-11-2022 19:42 via abc.net.au
  
  Automotive lobbyists are applauding Volvo's decision to stop selling petrol powered cars in Australia within four years, but say this sort of commitment will be tougher for brands that sell cheaper cars en masse.
  
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• 'Australia has been slow out of the box', but a major petrol car maker is now four years away from going electric-only

  07-11-2022 19:42 via abc.net.au
  
  Automotive lobbyists are applauding Volvo's decision to stop selling petrol powered cars in Australia within four years, but say this sort of commitment will be tougher for brands that sell cheaper cars en masse.
  
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• 'Australia has been slow out of the box', but a major car maker is planning to go electric-only

  07-11-2022 19:42 via abc.net.au
  
  Automotive lobbyists are applauding Volvo's decision to stop selling petrol powered cars in Australia within four years, but say this sort of commitment will be tougher for brands that sell cheaper cars en masse.
  
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• Musk touts Republicans as he pushes fresh agenda on Twitter

  07-11-2022 18:47 via abc.net.au
  
  Elon Musk continues to stoke controversy as Twitter CEO, this time espousing a suggestion to US voters.
  
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• Andrew Forrest says big companies are 'forcing' customers to 'destroy the planet'

  07-11-2022 11:19 via abc.net.au
  
  Australian mining magnate Andrew "Twiggy" Forrest has accused energy companies and businesses selling single-use plastics of forcing customers to "destroy the planet".
  
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• Anger from housing groups as Cairns council proposes rate hike for investment properties during rental crisis

  07-11-2022 08:22 via abc.net.au
  
  Owners of investment properties in one of Queensland's tightest housing markets say a council rate hike for non-principal places of residence will only drive up rent as tenants struggle with the rising cost of living.
  
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• Diesel generators may be needed during summer scorcher as WA energy crisis deepens

  07-11-2022 08:01 via abc.net.au
  
  The body that runs Western Australia's biggest power system may have to spend tens of millions of dollars hiring diesel-fired backup generators as part of desperate efforts to keep the power on.
  
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• What The Block auctions tell us about Australia's housing market

  07-11-2022 07:44 via abc.net.au
  
  After months of production, five houses on The Block went under the hammer... or tried to. Here's how their wildly different auction results represent Australia's current housing market.
  
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• Robodebt legal warning crossed-out and 'watered down' in brief for Scott Morrison, inquiry hears

  07-11-2022 05:47 via abc.net.au
  
  Warnings about legal and policy problems with the proposed Robodebt scheme were "watered down" in a brief being prepared for then social services minister Scott Morrison, according to evidence given to the Robodebt royal commission. 
  
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• Medibank CEO says ransom amount 'irrelevant' and paying up would only increase risk of further extortion

  07-11-2022 05:27 via abc.net.au
  
  The boss of embattled insurer Medibank says the value of the ransom demand from cyber criminals was "irrelevant" in the company's decision not to negotiate with the hackers.
  
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• 'Train wreck that would be predicted a mile away': 300 join lawsuit over Sydney light rail

  07-11-2022 04:36 via abc.net.au
  
  One business lost hundreds of thousands of dollars as Sydney's main shopping district became a "construction zone", a court hears.
  
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• 'Train wreck': Sydney's light rail project 'decimated' local businesses, court hears

  07-11-2022 04:36 via abc.net.au
  
  One business lost hundreds of thousands of dollars as Sydney's main shopping district became a "construction zone", a court hears.
  
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• Thousands of customers remain without gas as repairs to flood-damaged pipeline could take weeks

  07-11-2022 04:34 via abc.net.au
  
  About 14,000 properties in NSW have no gas to cook or heat their homes. But authorities say a temporary fix is on its way.
  
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• Medibank has revealed what personal data has been accessed, depending on what kind of customer you are

  07-11-2022 03:34 via abc.net.au
  
  Medibank details what personal information it believes a cybercriminal has accessed from customers in the latest update on the hack of the company's data. 
  
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• ASX jumps on mining boost; Westpac falls on profit drop

  07-11-2022 00:31 via abc.net.au
  
  Strong prices for commodities including iron ore and oil pushed heavyweight Australian mining and energy stocks higher, keeping the benchmark index in the positive territory and offsetting losses by Westpac.
  
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• ASX higher as global shares rise after strong US jobs data

  07-11-2022 00:31 via abc.net.au
  
  Australian shares open higher on Monday after strong US jobs data on Friday raises hopes that the US Federal Reserve will adopt a less-aggressive monetary tightening stance going forward, pushing Wall Street higher.
  
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• NSW taxi industry rejects 'final offer' of $150k payout per car, to compensate for impact of ride-sharing services

  07-11-2022 00:25 via abc.net.au
  
  A NSW government plan to charge all taxi and rideshare passengers an extra 20 cents per trip to fund a compensation package is rejected by cabbies.
  
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• NSW government plan to hit ride share, taxi customers with new levy

  07-11-2022 00:25 via abc.net.au
  
  A NSW government plan to charge all taxi and rideshare passengers an extra 20 cents per trip to fund a compensation package is rejected by cabbies.
  
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• Medibank says nearly 10 million current and former customers affected by data breach

  07-11-2022 00:05 via abc.net.au
  
  Medibank says no ransom payment will be made to the criminal responsible for the recent data hack as the number of affected customers has grown to 9.7 million.
  
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• Medibank refuses to pay ransom for hacked data as affected customer number doubles

  07-11-2022 00:05 via abc.net.au
  
  Medibank says no ransom payment will be made to the criminal responsible for the recent data hack as the the private health provider puts a further head figure in data losses.
  
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