Accountancy news

• NAB is first lender to pass on Reserve Bank's rate hike, ASX falls to five-week low ahead of US interest rate decision

  02-05-2023 23:35 via abc.net.au
  
  NAB passes on the Reserve Bank's full rate hike to its home loan customers, but only two of its savings accounts, while the Australian share market drops on renewed worries about the stability of the US banking system.
  
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• Live: ASX to keep falling, Wall Street sinks on banking sector worries

  02-05-2023 23:35 via abc.net.au
  
  The Australian share market is set to drop as renewed worries about the stability of the US banking system lead to significant falls on Wall Street, and oil prices plunge by about 5 per cent as investors prepare for more interest rate hikes from the Federal Reserve and European Central Bank this week. Follow the latest updates in our live blog.
  
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• Live: ASX falls to one-month low, Wall Street sinks on banking sector fears, oil prices sink 5pc

  02-05-2023 23:35 via abc.net.au
  
  The Australian share market drops as renewed worries about the stability of the US banking system lead to significant falls on Wall Street, and oil prices plunge by about 5 per cent as investors prepare for another interest rate hike from the Federal Reserve. Follow the latest updates in our live blog.
  
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• Live: ASX falls again, Wall Street sinks on banking sector fears, oil prices sink 5pc

  02-05-2023 23:35 via abc.net.au
  
  The Australian share market drops as renewed worries about the stability of the US banking system lead to significant falls on Wall Street, and oil prices plunge by about 5 per cent as investors prepare for another interest rate hike from the Federal Reserve. Follow the latest updates in our live blog.
  
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• Overseas engineers fly in to work on one of Australia's most complex road projects

  02-05-2023 22:35 via abc.net.au
  
  At least 14 engineers and other specialists from around the world have started work on the Pacific Highway bypass at Coffs Harbour in NSW, with many more to be hired.
  
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• These Chinese travel agents hold the key to a $12.4 billion hole in the Australian economy

  02-05-2023 22:18 via abc.net.au
  
  Tourism Australia concedes the industry will not recover until Chinese visitors come back. The Australian Tourism Exchange conference on the Gold Coast is where that may be turned around.
  
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• 'This is the end of the line': Scientists send open letter urging NT government to abandon fracking plans

  02-05-2023 22:01 via abc.net.au
  
  The NT government is poised to make a final decision on whether it will green-light fracking in the Beetaloo Basin, but nearly 100 scientists have called for a fracking ban in the region, saying the costs to the community could be "enormous".
  
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• 'The end of the line': Scientists send open letter urging NT government to abandon fracking plans

  02-05-2023 22:01 via abc.net.au
  
  The NT government is poised to make a final decision on whether it will green-light fracking in the Beetaloo Basin, but nearly 100 scientists have called for a fracking ban in the region, saying the costs to the community could be "enormous".
  
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• He plays one of Marvel's big villains, and he can't — or won't — say if he'll be back

  02-05-2023 21:58 via abc.net.au
  
   Marvel actor Will Poulter took two hours to turn gold in Marvel’s Guardians of the Galaxy Vol 3
   
  
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• Actor Will Poulter stars in latest Guardians of the Galaxy film

  02-05-2023 21:58 via abc.net.au
  
   Marvel actor Will Poulter took two hours to turn gold in Marvel’s Guardians of the Galaxy Vol 3
   
  
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• Could this new battery spell the end for EV range anxiety?

  02-05-2023 21:00 via abc.net.au
  
  The world's largest battery maker says its new battery could power electric aircraft or propel electric vehicles beyond 1,000km on a single charge.
  
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• Chinese company unveils EV battery it claims will get you from Sydney to Melbourne on a single charge

  02-05-2023 21:00 via abc.net.au
  
  The world's largest battery maker says its new battery could power electric aircraft or propel electric vehicles beyond 1,000km on a single charge.
  
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• 'There is a limit here': RBA can't delay in getting inflation under control

  02-05-2023 13:46 via abc.net.au
  
  The Reserve Bank of Australia's governor says an acceleration in the cost of services and a rebound in house prices were among the factors prompting it to raise rates again, just a month after pausing its string of hikes.
  
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• 'Doing what is right for the country': RBA governor defends shock interest rate rise

  02-05-2023 13:46 via abc.net.au
  
  The Reserve Bank of Australia's governor says an acceleration in the cost of services and a rebound in house prices were among the factors prompting it to raise rates again, just a month after pausing its string of hikes.
  
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• Hollywood writers to strike as move to streaming upends TV business

  02-05-2023 11:19 via abc.net.au
  
  Thousands of film and TV writers in Hollywood are set to strike for higher pay, forcing Jimmy Kimmel Live and The Tonight Show with Jimmy Fallon to stop production. 
  
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• Households tally rising grocery bills as interest rates climb again

  02-05-2023 09:22 via abc.net.au
  
  Australians are waiting to see how much more they will pay for essential goods and services like food after the Reserve Bank's decision to hike interest rates for the 11th time.
  
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• ACT cycling group suggests lowering speed limit to 30kph in Canberra's suburbs

  02-05-2023 08:46 via abc.net.au
  
  Cycling group Pedal Power ACT calls for 30-kilometre-per-hour speed zones to make suburbs safer, but say the government isn't likely to seriously consider the recommendation. 
  
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• SA regions attract nearly $4 billion in tourism spending during 2022, with several hitting all-time highs

  02-05-2023 08:33 via abc.net.au
  
  Regional South Australia reaches its 2025 tourism target three years ahead of schedule, earning nearly $4 billion during 2022.
  
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• Qantas has announced a new CEO to take over from Alan Joyce. Who is Vanessa Hudson?

  02-05-2023 07:56 via abc.net.au
  
  For the first time in its 103-year history Qantas appointed a woman as its next CEO. How did Vanessa Hudson rise to the top job?
  
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• Why this licensee CEO won’t discount the role of finfluencers

  02-05-2023 07:32
  
  Why this licensee CEO won’t discount the role of finfluencers
  rnathTue, 2023-05-02 15:32 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 Manag
  
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• At an average of $6 each, soaring pineapple prices are here to stay

  02-05-2023 06:49 via abc.net.au
  
  Pineapples are selling for record high prices and those in the industry say consumers need to get used to paying more for the Australian-grown product.
  
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• How much extra could mortgage repayments be, now the cash rate is 3.85 per cent?

  02-05-2023 06:40 via abc.net.au
  
  Tell us your loan size, term and interest rate, and our mortgage repayment calculator will work out how much extra you may have to pay on your loan. 
  
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• 'Recession roulette': Economists, banks, borrowers left stunned by RBA's return to rate rises

  02-05-2023 06:31 via abc.net.au
  
  The Reserve Bank of Australia shocks borrowers and financial markets by resuming interest rate rises after a one-off pause last month.
  
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• RBA interest rate rise catches markets, banks and borrowers by surprise

  02-05-2023 06:31 via abc.net.au
  
  The Reserve Bank shocks borrowers and financial markets by resuming interest rate rises after a one-off pause last month.
  
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• Borrowers shocked as RBA announces interest rate rise

  02-05-2023 06:31 via abc.net.au
  
  The Reserve Bank of Australia shocks borrowers and financial markets by resuming interest rate rises after a one-off pause last month.
  
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• Property prices in south-east SA still 'unbeatable value' despite record $2.8m sale, agents say

  02-05-2023 05:36 via abc.net.au
  
  Robe's historic Karatta House sold for $2.6 million in January and a month later another home fetched an even higher price. But agents say the region's real estate is still comparatively affordable.
  
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• Affordable housing boost set for Adelaide CBD, but not for another six years

  02-05-2023 05:35 via abc.net.au
  
  The Adelaide City Council has agreed to hand over the former bus station on Franklin Street to the state government so it can be redeveloped into two apartment buildings. 
  
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• Could granny flats be the answer to Australia's housing crisis?

  02-05-2023 03:52 via abc.net.au
  
  Granny flats are common to suburban backyards but in many states they cannot be privately rented out. There are calls for that to change.
  
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• Twiggy's caravan park remains closed as talks with traditional owners continue

  02-05-2023 02:47 via abc.net.au
  
  A crucial Bungle Bungles visitors' hub has not opened for the dry season, with negotiations between native-title holders and an agribusiness company owned by Andrew and Nicola Forrest ongoing.
  
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• Council flags scrapping FOGO bin system, labels program unsatisfactory

  02-05-2023 02:04 via abc.net.au
  
  Some councils are discussing scrapping the FOGO bin altogether as the WA government pushes them to rollout a third bin for organic waste across the state.
  
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• Businesses to be forced to pay superannuation on payday, meaning more retirement income for workers

  02-05-2023 02:04 via abc.net.au
  
  Millions of Australian workers are set to retire with thousands more in their superannuation accounts after changes from the federal government requiring all businesses to pay their employees' superannuation on payday.
  
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• Businesses to be forced to pay superannuation on payday, fetching more in retirement income for workers

  02-05-2023 02:04 via abc.net.au
  
  From 2026, businesses will have to pay superannuation at the same time as salary and wages, which the government says will net workers thousands in additional income at retirement thanks to more frequent payments and recovered super.
  
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• Tasmania's salmon farm industry has lost its 'social licence', minister says, but it wants it back

  02-05-2023 01:08 via abc.net.au
  
  The Tasmanian government says critics of industrial fish farming are a "noisy minority". But some restaurants have dropped salmon from their menu over environmental concerns and that isn't about to change. 
  
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• US federal department faces environmental lawsuit following SpaceX launch and explosion

  02-05-2023 00:34 via abc.net.au
  
  The lawsuit against the Federal Aviation Administration alleges a proper environmental study was not completed ahead of a destructive SpaceX launch in Texas.
  
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