Accountancy news

• 'Inevitable' home loan arrears will rise as 'mortgage prisoners' struggle with rate surge, says analyst

  26-05-2023 20:52 via abc.net.au
  
  Around half of fixed rate borrowers whose low-rate home loans are expiring over the next two years are planning to leave their current lender, but it's those customers who can't that might prove a bigger problem for the banks, new research finds.
  
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• 'Inevitable' home loan arrears will rise as 'mortgage prisoners' struggle with rate surge, analyst says

  26-05-2023 20:52 via abc.net.au
  
  Around half of fixed rate borrowers whose low-rate home loans are expiring over the next two years are planning to leave their current lender, but it's those customers who can't that might prove a bigger problem for the banks, new research finds.
  
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• Banks face 'mortgage prisoners' and escapees as the reality of soaring rates bites

  26-05-2023 20:52 via abc.net.au
  
  Around half of fixed rate borrowers whose low-rate home loans are expiring over the next two years are planning to leave their current lender, but it's those customers who can't that might prove a bigger problem for the banks, new research finds.
  
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• Passenger arrested after opening emergency plane door in mid-air in Korea

  26-05-2023 14:40 via abc.net.au
  
  South Korean police detain a man who opened the door of an Asiana Airlines plane minutes before it was due to land in the city of Daegu.
  
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• 'I thought the plane was going to explode': Emergency door opened mid-air during Korean flight

  26-05-2023 14:40 via abc.net.au
  
  South Korean police detain a man who opened the door of an Asiana Airlines plane minutes before it was due to land in the city of Daegu.
  
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• 'An incredible experience': Forty years of Cannes film festivals through one man's camera lens

  26-05-2023 12:03 via abc.net.au
  
  Photographer Eric Gaillard has been taking photos at the festival since 1981, when it was a small and intimate affair.
  
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• Bungendore landscaper who tried to import cocaine in excavator sentenced to 11 years in jail

  26-05-2023 10:23 via abc.net.au
  
  Timothy Engstrom is sentenced to 11 and a half years in prison over his part in a plot to import nearly 300 kilograms of cocaine hidden in the arm of an excavator from South Africa.
  
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• High levels of lead detected in water at two Queensland Health facilities

  26-05-2023 08:44 via abc.net.au
  
  Routine testing of water at Atherton Hospital and Yarrabah Health Facility picked up the lead contamination, according to Queensland Health
  
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• Mike Cannon-Brookes wins control of Sun Cable after solar farm fall-out with Andrew Forrest

  26-05-2023 07:25 via abc.net.au
  
  Billionaire Mike Cannon-Brookes claims control of the controversial Sun Cable solar export project, winning a bidding war after falling out with his former project partner, Andrew Forrest.
  
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• Mike Cannon-Brookes defeats Andrew Forrest in bidding war over Sun Cable project

  26-05-2023 07:25 via abc.net.au
  
  Billionaire Mike Cannon-Brookes claims control of the controversial Sun Cable solar export project, winning a bidding war with his former project partner, Andrew Forrest.
  
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• Mike Cannon-Brookes defeats Andrew Forrest in bidding war over $30b Sun Cable project

  26-05-2023 07:25 via abc.net.au
  
  Billionaire Mike Cannon-Brookes claims control of the controversial Sun Cable solar export project, winning a bidding war with his former project partner, Andrew Forrest.
  
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• Thousands of assessments still to be made by June 30 deadline for flood-affected residents

  26-05-2023 07:11 via abc.net.au
  
  Northern Rivers residents are frustrated and some are relocating while they wait for either buyback, house raising, or retrofit 14 months after the disaster.
  
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• Tracey's grandkids hold their breath outside her house to avoid 'rotten egg smell' coming from local dumps

  26-05-2023 05:53 via abc.net.au
  
  An independent review conducted to find out if current laws have adequate compliance powers and appropriate penalties has made several recommendations.
  
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• Magellan CEO on letting staff finally be heard

  26-05-2023 05:52
  
  Magellan CEO on letting staff finally be heardjamesmitchellFri, 2023-05-26 13:52 James Mitchell James Mitchell is a senior financial services reporter with over ten years experience. He has covered the Murray Inquiry, the Hayne royal commission and the evolution of Australia's financial intermediary sectors since 2011, with a focus on banking, superannuation, mortgages and wealth management.James's social profiles: E-mail AuthorMore articles by James:View articles on Money ManagementPrint0SaveNo
  
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• Praemium repositions for growth following international exit

  26-05-2023 05:48
  
  Praemium repositions for growth following international exitLaura DewFri, 2023-05-26 13:48 Laura Dew Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management. Laura's social profiles: E-mail Author Twitter More articles by Laura:View articles on Money ManagementPrint0SaveNo votes have been submitted yet.
  
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• First Golden Guitar winner Joy McKean dies aged 93

  26-05-2023 04:42 via abc.net.au
  
  Joy McKean, the first winner of the Golden Guitar who was also the wife and manager of Slim Dusty, has died at the age of 93.
  
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• Nurses union fined less than 1 per cent of potential penalty over strike outside WA parliament

  26-05-2023 04:22 via abc.net.au
  
  WA's Australian Nursing Federation is fined $350,000 for a strike outside state parliament last year that attracted thousands of nurses at the height of a bitter dispute over pay and conditions.
  
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• Elon Musk's Neuralink gets approval to start clinical trials implanting chips in human brains

  26-05-2023 04:06 via abc.net.au
  
  Elon Musk's brain-implant company Neuralink says it has received a green light from the US Food and Drug Administration (FDA) to kickstart its first-in-human clinical study, a critical milestone after earlier struggles to gain approval.
  
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• German economy enters recession as inflation hits consumers

  26-05-2023 02:42 via abc.net.au
  
  The German economy was in recession in early 2023 after household spending in Europe's economic engine finally succumbed to the pressure of high inflation.
  
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• Treasury details proposed APRA and ASIC levy figures

  26-05-2023 02:06
  
  Treasury details proposed APRA and ASIC levy figuresLaura DewFri, 2023-05-26 10:06 Laura Dew Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management. Laura's social profiles: E-mail Author Twitter More articles by Laura:View articles on Money ManagementPrint0SaveNo votes have been submitted yet.
  
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• Queenslanders who sell food from home could soon face tougher rules

  26-05-2023 00:57 via abc.net.au
  
  Ever bought a cake from a home business or ordered food online from a "dark" kitchen? Queensland is proposing stricter food safety laws for businesses operating from home.
  
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