Accountancy news

• Retail theft hits record levels, hitting the share price of supermarket giants, but ASX200 closes slightly higher - as it happened

  01-03-2023 22:34 via abc.net.au
  
  Retail theft hits record levels, hitting the share price of supermarket giants, but ASX200 closes slightly higher - as it happened
  
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• Live: Stubborn German inflation sends fresh rate rise scare through markets

  01-03-2023 22:34 via abc.net.au
  
  A surprisingly strong German inflation figure and stubborn US price pressures raise interest rate expectations again, leading to modest falls for shares in Europe and on Wall Street. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Retail theft hits record levels as inflation soars and wages deteriorate, hitting the share price of supermarket giants

  01-03-2023 22:34 via abc.net.au
  
  Retail theft has hit record levels as inflation soars and real wages deteriorate, hitting the share price of supermarket giants, as the ASX slips into negative territory. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• One reason Australian wages are depressed? Formidable employer power

  01-03-2023 21:54 via abc.net.au
  
  Dominant employers are preventing wages growing more quickly in Australia, according to a new Treasury paper.
  
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• Ray is trying to give banks money. They don't want it

  01-03-2023 20:06 via abc.net.au
  
  Despite soaring profits for Australia's big four banks, that number in the billions, almost one-in-three of their branches have closed in the past five years and now a parliamentary committee is examining the impact of those closures, especially on regional centres.
  
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• Ray has changed banks four times in less than a year — and not by choice

  01-03-2023 20:06 via abc.net.au
  
  Despite soaring profits for Australia's big four banks, that number in the billions, almost one-in-three of their branches have closed in the past five years and now a parliamentary committee is examining the impact of those closures, especially on regional centres.
  
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• Small businesses could soon be legally obligated to protect your personal details

  01-03-2023 19:52 via abc.net.au
  
  Small businesses with an annual turnover of $3 million or less could soon have to comply with the Privacy Act after a wide-ranging review by the Attorney General's Department. 
  
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• Daily letter deliveries in the firing line as part of new Australia Post review

  01-03-2023 14:04 via abc.net.au
  
  Australia Post's weekday letter-delivery obligations are "no longer financially sustainable" and need to be reviewed, according to a new consultation paper released as part of a federal government review of the postal service.
  
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• Defiant Wilkinson lays out defamation defence

  01-03-2023 13:45 via abc.net.au
  
  Journalist Lisa Wilkinson will rely on qualified privilege to defend herself in a defamation case brought by former Liberal staffer Bruce Lehrmann.
  
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• ANZ bank apologises after customers' personal information found in Perth skip bin

  01-03-2023 10:26 via abc.net.au
  
  One of Australia's biggest banks investigates after customers' personal data is discovered "floating down the street" after being dumped in a skip. 
  
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• NT government denies Beetaloo Basin gas plans in doubt without federal support for offsets promise

  01-03-2023 08:58 via abc.net.au
  
  No federal support is on the table for Territory Labor's promise to ensure that all Beetaloo Basin emissions are offset, as the territory cabinet weighs its decision on whether to allow full-scale fracking to go ahead.
  
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• 'Nightmare is an understatement': BGC pauses new home build orders as WA premier denies blame for overheated market

  01-03-2023 08:55 via abc.net.au
  
  Mark McGowan refuses to concede his government's pandemic home stimulus grants overheated WA's housing market, as thousands struggle to get new home builds finished. 
  
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• ‘Nightmare’ construction problems reach boiling point in the west, as homeowners consider legal action

  01-03-2023 08:55 via abc.net.au
  
  Mark McGowan refuses to concede his government's pandemic home stimulus grants overheated WA's housing market, as thousands struggle to get new home builds finished. 
  
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• Josie's aged care home told her it was about to close, just three weeks after letting her move in

  01-03-2023 08:48 via abc.net.au
  
  More than 40 aged care residents at Feros Care village in Byron Bay are in a state of shock, after being told they will need to find a new home due to redevelopment plans.
  
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• Legal action launched against Queensland mine operator after allegations of fake coal quality reports

  01-03-2023 08:38 via abc.net.au
  
  In a national first, the corporate watchdog will take Queensland's Terracom, and four senior company figures at the time, to court for conduct it alleges harmed a whistleblower.
  
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• Three unpublicised data breaches affected millions of Australians' personal details, new report says

  01-03-2023 06:23 via abc.net.au
  
  Millions of Australians' personal details have been compromised by unpublicised data breaches – separate from the Optus and Medibank hacks – according to figures released by the national information watchdog today.
  
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• Three unpublicised data breaches affected millions of Australians' personal details, according to watchdog

  01-03-2023 06:23 via abc.net.au
  
  Millions of Australians' personal details have been compromised by unpublicised data breaches – separate from the Optus and Medibank hacks – according to figures released by the national information watchdog today.
  
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• Data breaches affecting millions of Australians are on the rise, Information Commissioner says

  01-03-2023 06:23 via abc.net.au
  
  Millions of Australians' personal details have been compromised by unpublicised data breaches – separate from the Optus and Medibank hacks – according to figures released by the national information watchdog today.
  
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• How farmers and supermarkets will deal with collapse of national freight carrier

  01-03-2023 05:00 via abc.net.au
  
  A major supermarket is providing financial support to affected workers after the collapse of a trucking company, but farmers are concerned about how much stock will be lost.
  
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• 'Entirely reasonable' to spend money from super tax changes on expanding parental leave, crossbenchers say

  01-03-2023 04:06 via abc.net.au
  
  Crossbenchers say the treasurer should "absolutely" use some of the cash recouped from proposed super changes to pay superannuation on Commonwealth Paid Parental Leave, arguing it could rectify the current "glaring gap" in support for new parents.
  
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• Crossbenchers pressure government to use super tax revenue to expand Paid Parental Leave scheme

  01-03-2023 04:06 via abc.net.au
  
  Crossbenchers say the treasurer should "absolutely" use some of the cash recouped from proposed super changes to pay superannuation on Commonwealth Paid Parental Leave, arguing it could rectify the current "glaring gap" in support for new parents.
  
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• Contractor charged with industrial manslaughter after worker falls three metres at Darwin construction site

  01-03-2023 03:36 via abc.net.au
  
  It is the second time the Northern Territory's worker safety watchdog has charged an entity with industrial manslaughter, and follows the death of a 60-year-old worker at a Darwin construction site.
  
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• Highly educated workers driving trend into later retirement: KPMG

  01-03-2023 02:57
  
  Highly educated workers driving trend into later retirement: KPMGrnathWed, 2023-03-01 12:57 Rhea Nath Rhea L Nath is a journalist at Money Management. She has previously worked as a business reporter with Dynamic Business and journalist in the multicultural media with Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards. Rhea's social profiles: E-mail AuthorMore articles by Rhea:View articles on Money Manageme
  
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• Towards 2000's Jeff Watson dies aged 80

  01-03-2023 02:46 via abc.net.au
  
  Veteran journalist and presenter Jeff Watson, the man who helped pioneer popular science television in Australia with Towards 2000, dies aged 80 after being diagnosed with brain cancer in 2018.
  
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• Mining town considers developing council land to address growing housing crisis

  01-03-2023 02:42 via abc.net.au
  
  A WA mayor says his community can not rely on state government land releases as a resources boom puts more pressure on already stretched housing stock.
  
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• David Cox is a third-generation mechanic. This week he was forced to shut his business's doors

  01-03-2023 01:53 via abc.net.au
  
  A long-running family business on the Sunshine Coast has shut its doors for good, with the owner blaming a lack of affordable rental options. 
  
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• 'People are starting to run out of money': Businesses brace for downturn as GDP numbers show rate hikes biting

  01-03-2023 01:37 via abc.net.au
  
  Australia's economy grew 0.5 per cent in the final three months of 2022, well below most economists' forecasts.
  
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• Australia's economy grows 0.5pc at end of 2022, below expectations

  01-03-2023 01:37 via abc.net.au
  
  Australia's economy grew 0.5 per cent in the final three months of 2022, well below most economists' forecasts.
  
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• 'A significant economic downturn is increasingly possible' as GDP figures disappoint

  01-03-2023 01:37 via abc.net.au
  
  Australia's economy grew 0.5 per cent in the final three months of 2022, well below most economists' forecasts.
  
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• Why Gold Coast unit prices have risen to a 'fresh new peak'

  01-03-2023 01:21 via abc.net.au
  
  Unit prices on the Gold Coast have risen by 3.95 per cent over the past quarter, while house prices have risen by 0.36 per cent.
  
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• The three themes shaping modern advisory firms in 2023

  01-03-2023 01:09
  
  The three themes shaping modern advisory firms in 2023rnathWed, 2023-03-01 11:09 Rhea Nath Rhea L Nath is a journalist at Money Management. She has previously worked as a business reporter with Dynamic Business and journalist in the multicultural media with Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards. Rhea's social profiles: E-mail AuthorMore articles by Rhea:View articles on Money ManagementPrint0Sav
  
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• Man charged with manslaughter over plane crash that killed passenger on Queensland beach

  01-03-2023 00:37 via abc.net.au
  
  The pair had taken off for a private leisure flight on Christmas Eve around nearby Whitsunday islands when the plane crashed and killed an 83-year-old man. 
  
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