Accountancy news

• Small businesses, union veto power singled out in report on contentious IR bill

  22-11-2022 21:38 via abc.net.au
  
  A parliamentary report into the federal government's industrial relations bill has recommended carving out a greater number of small businesses from multi-employer bargaining.
  
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• Australian shares rise to six-month high, RBNZ lifts rates and forecasts 'shallow recession'

  22-11-2022 21:23 via abc.net.au
  
  New Zealand's Reserve Bank lifts interest rates by a record 0.75 percentage points, in a desperate bid to bring inflation down, while the Australian share market rises to its highest level since early June.
  
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• ASX rises to six-month high, while Wall Street investors are 'positioning for a downturn'

  22-11-2022 21:23 via abc.net.au
  
  Australian shares rise to their highest level since June, after Wall Street shrugged off China's renewed COVID-19 lockdowns and focused on the potential for smaller interest rate hikes in the near future.
  
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• ASX rises to six-month high, New Zealand lifts interest rates to highest in 14 years

  22-11-2022 21:23 via abc.net.au
  
  New Zealand's Reserve Bank lifts interest rates by a record 0.75 percentage points, in a desperate bid to bring inflation down, while the Australian share market rises to its highest level since early June.
  
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• ASX rises to six-month high, as New Zealand lifts interest rates to highest level in 14 years

  22-11-2022 21:23 via abc.net.au
  
  New Zealand's Reserve Bank lifts interest rates by a record 0.75 percentage points, in a desperate bid to bring inflation down, while the Australian share market rises to its highest level since May.
  
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• ASX likely to hit five-month high, while Wall Street investors are 'positioning for a downturn'

  22-11-2022 21:23 via abc.net.au
  
  Australian shares are likely to begin the day higher, after Wall Street shrugged off China's renewed COVID-19 lockdowns and focused on the potential for smaller interest rate hikes in the near future.
  
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• More than 1 million Australian company directors could be fined $13,000 next week

  22-11-2022 20:00 via abc.net.au
  
  There are concerns that up to 1 million Australians are in the dark about a looming tax office requirement — or know about it and are putting off an administrative headache — with just a week until it becomes law.
  
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• More than 1 million Australian company directors could be fined $13,000 each next week

  22-11-2022 20:00 via abc.net.au
  
  There are concerns that up to 1 million Australians are in the dark about a looming tax office requirement — or know about it and are putting off an administrative headache — with just a week until it becomes law.
  
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• A million Australians are just a week away from risking a $13,000 fine. Here's why

  22-11-2022 20:00 via abc.net.au
  
  There are concerns that up to 1 million Australians are in the dark about a looming tax office requirement — or know about it and are putting off an administrative headache — with just a week until it becomes law.
  
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• 'Populist anger' drove the crypto craze and bust, but Satyajit Das says there's a bigger threat hiding in plain sight

  22-11-2022 19:59 via abc.net.au
  
  One of the few financiers who sounded a warning bell before the global financial crisis believes today's cryptocurrency "meltdown" was predictable, and that "nobody is taking much notice" of a broader financial market problem.
  
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• RBA governor warns Australians to brace for higher inflation, lower growth

  22-11-2022 09:38 via abc.net.au
  
  The Reserve Bank governor warns the global economic conditions that helped central banks keep inflation low and stable are reversing, making for more economically volatile times, and potentially higher interest rates ahead.
  
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• Controversial inner-city highway plan scrapped after negative public feedback

  22-11-2022 06:39 via abc.net.au
  
  The plan unveiled by WA's road authority just last month is scrapped after negative public feedback opposing the demolition of up to 100 properties in Perth's inner city suburbs.
  
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• Controversial Charles Street highway plan scrapped after negative public feedback

  22-11-2022 06:39 via abc.net.au
  
  The plan unveiled by WA's road authority just last month is scrapped after negative public feedback opposing the demolition of up to 100 properties in Perth's inner city suburbs.
  
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• Truckies struggle to eat well on the road. Research reveals those food choices could cost Australia billions

  22-11-2022 06:35 via abc.net.au
  
  Addressing widespread health issues among male truck drivers will prevent billions of dollars of lost productivity and save lives, a new report suggests.
  
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• It's hard for truckies to find healthy food on the road. Research reveals that could cost Australia billions

  22-11-2022 06:35 via abc.net.au
  
  Addressing widespread health issues among male truck drivers will prevent billions of dollars of lost productivity and save lives, a new report suggests.
  
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• Craft brewery lowers energy costs in push towards zero emissions

  22-11-2022 05:35 via abc.net.au
  
  The Jervis Bay operation has increased its solar capacity and invested in an electric van, but it's proving difficult to reduce gas reliance and the cost of operating at night.
  
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• ANZ set to pull out of pariah state Myanmar after facing 'increasing operational complexity'

  22-11-2022 05:04 via abc.net.au
  
  ANZ announces it will pull out of Myanmar, dealing a blow to the country's military junta and potentially ramping up pressure on other overseas banks to turn their backs on the regime.
  
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• Hunter MPs call for caution after explosive coal allegations aired in federal parliament

  22-11-2022 03:25 via abc.net.au
  
  Claims about fraud in the coal export industry made by Independent MP Andrew Wilkie have rippled through the Hunter Valley coalfields.
  
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• Reef HQ was meant to re-open next year but there has been a major change of plans

  22-11-2022 02:41 via abc.net.au
  
  A Townsville aquarium will be completely rebuilt, rather than refurbished, in a move that will delay its reopening until 2026. 
  
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• Reef HQ compared to a Queenslander house as attraction's reopening date is pushed back

  22-11-2022 02:41 via abc.net.au
  
  A Townsville aquarium will be completely rebuilt, rather than refurbished, in a move that will delay its reopening until 2026. 
  
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• Only 5 per cent of the nation's wool clip is processed here. Growers want that change to

  22-11-2022 02:41 via abc.net.au
  
  In a bid to reduce its vulnerability to potential supply chain and trade disruptions, Australia's $3.6 billion wool industry is looking to build onshore wool-processing facilities.
  
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• How Australian woolgrowers want to reduce risks posed by disease and market access

  22-11-2022 02:41 via abc.net.au
  
  Australia's $3.6-billion wool industry is looking to build onshore wool-processing facilities to reduce its risk exposure to disease, global markets and shipping.
  
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• WA to harness mining boom wealth for massive social infrastructure fund

  22-11-2022 02:38 via abc.net.au
  
  Mark McGowan establishes an investment trust funded by the state's most prominent resource companies to realise 'legacy projects'.
  
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• Big miners tip $750 million into fund to pay for 'legacy' infrastructure and social projects

  22-11-2022 02:38 via abc.net.au
  
  Mark McGowan establishes an investment trust funded by the state's most prominent resource companies to realise 'legacy projects'.
  
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• Lisa and her children live in tents. They are among 640,000 Australian households in housing stress

  22-11-2022 02:25 via abc.net.au
  
  Single mother-of-three Lisa Carter has been priced out of the rental market and has set up camp in a Perth caravan park. She's among the many Australian households in housing stress, with the figure forecast to approach one million by 2041.
  
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• Like so many Australians, Lisa can't afford a rental. She's set up camp with her children in a tent

  22-11-2022 02:25 via abc.net.au
  
  Single mother-of-three Lisa Carter has been priced out of the rental market and has set up camp in a Perth caravan park. She's among the many Australian households in housing stress, with the figure forecast to approach one million by 2041.
  
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• Journalists with Anglo-Celtic background still 'vastly over-represented' on Australian TV screens, report finds

  22-11-2022 02:23 via abc.net.au
  
  Indigenous and cultural diversity in some parts of Australian television news has increased marginally over the past two years, a new "report card" has found, but journalists from an Anglo-Celtic background remain "vastly over-represented" on air.
  
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• Planned merger of Penguin Random House and Simon & Schuster publishers scrapped

  22-11-2022 01:12 via abc.net.au
  
  Parent company Paramount Global says it still plans to sell Simon & Schuster, a nearly century-old company boasting authors such as Stephen King, Colleen Hoover and Bob Woodward.
  
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• Two Estonians arrested over $870 million cryptocurrency pyramid scheme face extradition to US

  22-11-2022 00:13 via abc.net.au
  
  Estonian police arrest local citizens Sergei Potapenko and Ivan Turogin, who are alleged to have scammed hundreds and thousands of people into buying a cryptocurrency mining service where, instead, they used the funds to buy luxury cars and real estate. 
  
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