Accountancy news

• Rents rise, fears of a recession if the RBA raises rates again grow, ASX loses ground as China's economy slows — as it happened

  04-07-2023 23:26 via abc.net.au
  
  Australia's housing crisis continues as rents increase again over the June quarter. The ASX falls amid fears more interest rate rises will cause a recession. 
  
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• Live: Twitter defends cap on reading tweets, global stocks drift, Australian dollar rises to 67 US cents

  04-07-2023 23:26 via abc.net.au
  
  Twitter defends its decision to limit the number of tweets that users can read and the Australian dollar rises to 67 US cents. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Twitter defends cap on reading tweets, ASX in the red, Australian dollar rises to 67 US cents

  04-07-2023 23:26 via abc.net.au
  
  Twitter defends its decision to limit the number of tweets that users can read, the ASX 200 falls, and the Australian dollar rises to 67 US cents. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Rents rise and there are fears of a recession if the RBA raises rates again, ASX loses ground

  04-07-2023 23:26 via abc.net.au
  
  Australia's housing crisis continues as rents increase again over the June quarter. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• 'Incredible opportunity': Cate Blanchett and Warwick Thornton on the Voice referendum

  04-07-2023 22:54 via abc.net.au
  
  Hollywood star Cate Blanchett says this year's referendum on constitutional recognition and a Voice to Parliament represents "an incredible opportunity" for Australia to embrace its history.
  
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• The Northern Territory is getting hotter. Here's how harsher conditions could 'impair' the workforce

  04-07-2023 22:42 via abc.net.au
  
  Those working outdoors in the Northern Territory are forced to contend with extreme heat. Now scientists have looked to 2070 to see how the changing climate will impact the workforce.
  
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• Brooke just wants to see her baby girl get married. She hopes a new cancer drug trial can help

  04-07-2023 22:40 via abc.net.au
  
  Bendigo mum Brooke Lee wants to see her daughter go to school and get married. A new clinical trial may help make that possible.
  
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• Australian-first cancer drug trial offers hope to patients with incurable lymphoma

  04-07-2023 22:40 via abc.net.au
  
  Bendigo mum Brooke Lee wants to see her daughter go to school and get married. A new clinical trial may help make that possible.
  
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• People are being told their flooded homes are not high risk. The council begs to differ

  04-07-2023 22:33 via abc.net.au
  
  Residents from South Lismore were devastated by floods in 2022 but are struggling to access the scheme that offered them a chance of escape. Now they're being told the council wants to put a stop to residential development because of the flood risk.
  
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• 'We've gone backwards': Young family sells home because they can't afford repayments, interest rate pause no help

  04-07-2023 22:24 via abc.net.au
  
  A young couple is one of thousands of Australians who are selling their homes, despite interest rates staying on hold on Tuesday.
  
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• Treasury Wine Estates to close north-west Victorian winery, with 60 workers to lose their jobs

  04-07-2023 22:04 via abc.net.au
  
  Australia's largest wine company will close its Karadoc winery on the Murray River due to decline in global demand for commercial wine, announcing its decision to 60 affected workers today.
  
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• Treasury Wine Estates blames China trade freeze for closure of north-west Victorian winery that will leave 60 jobless

  04-07-2023 22:04 via abc.net.au
  
  Australia's largest wine company will close its Karadoc winery on the Murray River due to decline in global demand for commercial wine, announcing its decision to 60 affected workers today.
  
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• 'Trapped until I am 90': Rowena will pay tens of thousands of dollars in funeral insurance to protect her only asset

  04-07-2023 22:01 via abc.net.au
  
  Rowena admits it was a TV ad that convinced her to buy funeral insurance. She'd be happy with a 'no frills' send-off but says she feels trapped in the arrangement, which will see her pay $40,000 by the time she's 90. 
  
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• Tanya Plibersek says 'course correction' required for off-track Murray-Darling Basin Plan

  04-07-2023 21:55 via abc.net.au
  
  The federal water minister says the plan is "too far behind" and has requested advice on whether its water-recovery targets can be achieved by the legislated June 2024 deadline.
  
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• 'It feels so empty': The forbidden kingdom of Bhutan is turning into a ghost town

  04-07-2023 21:39 via abc.net.au
  
  After centuries of isolation, Bhutan opened its doors to tourism in the 1970s. But when the ABC was granted rare entry into the country, it found a nation losing a high proportion of people — mainly to Australia.
  
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• Bhutan prioritised happiness over wealth. Now its young people are leaving in droves

  04-07-2023 21:39 via abc.net.au
  
  After centuries of isolation, Bhutan opened its doors to tourism in the 1970s. But when the ABC was granted rare entry into the country, it found a nation losing a high proportion of people mainly to Australia.
  
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• House prices expected to continue to 'defy gravity' following pause in interest rates

  04-07-2023 11:26 via abc.net.au
  
  Real estate analysts say there is no indication the current trend of rising house prices will end yet, but doubt pace can be sustained.
  
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• While interest rates will remain on hold this month, here's what two more increases could mean for first-home buyers

  04-07-2023 08:41 via abc.net.au
  
  New information from the Australian National University shows that first-home buyers could end up putting 40 per cent of their incomes towards mortgage repayments if interest rates rise twice more this year.
  
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• 'Near record repayment levels for first-home buyers': The cost of future interest rate rises

  04-07-2023 08:41 via abc.net.au
  
  New information from the Australian National University shows that first-home buyers could end up putting 40 per cent of their incomes towards mortgage repayments if interest rates rise twice more this year.
  
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• 'At or certainly near record repayment levels for first-home buyers': The cost of future interest rate rises

  04-07-2023 08:41 via abc.net.au
  
  New information from the Australian National University shows that first-home buyers could end up putting 40 per cent of their incomes towards mortgage repayments if interest rates rise twice more this year.
  
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• 'Strange' weather in NSW parches soil in some parts while drenching state's west

  04-07-2023 08:29 via abc.net.au
  
  About 30 per cent of the state's crops are struggling due to unseasonably dry conditions last month. But elsewhere, some towns have received record rain while others have shivered through their coldest June mornings ever.
  
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• There's a growing community backlash to transmission line projects. This review hopes to quell concerns

  04-07-2023 08:28 via abc.net.au
  
  Federal Energy Minister Chris Bowen seeks to head off growing community opposition to transmission lines, launching an inquiry into how projects are planned.
  
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• Reserve Bank keeps rates on hold for July, but more hikes could be coming

  04-07-2023 06:48 via abc.net.au
  
  The Reserve Bank says rates will remain on hold for July at 4.1 per cent, but more rate hikes could be coming.
  
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• Reserve Bank delivers a reprieve for mortgage holders, but more hikes could be coming

  04-07-2023 06:48 via abc.net.au
  
  The Reserve Bank says rates will remain on hold for July at 4.1 per cent, but more rate hikes could be coming.
  
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• Pet owners warned against 'playing vet' amid cost-of-living crisis

  04-07-2023 01:12 via abc.net.au
  
  As people shy away from professional help due to tightening household budgets, vets are seeing the all-too-real consequences for suffering pets.
  
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• RBA pauses interest rate rises 'to assess the state of the economy', ASX closes higher — as it happened

  04-07-2023 00:15 via abc.net.au
  
  The RBA delivers relief to mortgage borrowers by deciding to leave rates on hold at 4.1 per cent at its July meeting, after two dozen protesters gather outside its headquarters in Sydney.
  
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• Live: RBA to decide on potential 13th interest rate hike, ASX to open flat

  04-07-2023 00:15 via abc.net.au
  
  The Australian share market is likely to start its day relatively flat ahead of a potential interest rate hike from the Reserve Bank, Wall Street closed marginally higher, while Tesla shares jumped almost 7 per cent after the company reported stronger-than-expected production results. Follow the latest updates in our live blog.
  
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• Live: RBA pauses interest rate rises 'to assess the state of the economy'

  04-07-2023 00:15 via abc.net.au
  
  The RBA delivers relief to mortgage borrowers by deciding to leave rates on hold at 4.1 per cent at its July meeting, after two dozen protesters gather outside its headquarters in Sydney. Follow live.
  
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• Live: RBA delivers reprieve for mortgage holders by leaving rates on hold 'to assess the state of the economy'

  04-07-2023 00:15 via abc.net.au
  
  The RBA delivers a brief reprieve to mortgage borrowers by deciding to leave rates on hold at its July meeting, after two dozen protesters gather outside its headquarters in Sydney. Follow live.
  
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• Live: PwC's government advisory business renamed 'Scyne Advisory', RBA interest rate decision looms, ASX to open flat

  04-07-2023 00:15 via abc.net.au
  
  The Australian share market is likely to start its day relatively flat ahead of a potential interest rate hike from the Reserve Bank, while Wall Street closed marginally higher. Follow live.
  
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• Live: PwC's government advisory business renamed 'Scyne Advisory', RBA interest rate decision looms, ASX opens flat

  04-07-2023 00:15 via abc.net.au
  
  Allegro buys PwC's government consulting business and renames it 'Scyne Advisory', while the Australian share market has started its day relatively flat ahead of a potential interest rate hike from the Reserve Bank. Follow live.
  
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• Live: PwC's government advisory business renamed 'Scyne Advisory', RBA interest rate decision looms, ASX flat

  04-07-2023 00:15 via abc.net.au
  
  Allegro buys PwC's government consulting business and renames it 'Scyne Advisory', while the Australian share market has started its day relatively flat ahead of a potential interest rate hike from the Reserve Bank. Follow live.
  
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• Live: PwC completes $1 sale of government advisory business, RBA interest rate decision looms, ASX to open flat

  04-07-2023 00:15 via abc.net.au
  
  The Australian share market is likely to start its day relatively flat ahead of a potential interest rate hike from the Reserve Bank, while Wall Street closed marginally higher. Follow live.
  
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• Live: Protesters gather outside the Reserve Bank of Australia ahead of interest rates decision, ASX steady

  04-07-2023 00:15 via abc.net.au
  
  Around two dozen protesters have gathered outside the RBA's headquarters in Sydney ahead of this afternoon's interest rate decision, while trade on the Australian share market remains steady. Follow live.
  
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• Live: Protesters gather outside Reserve Bank ahead of interest rates decision, ASX steady

  04-07-2023 00:15 via abc.net.au
  
  Around two dozen protesters have gathered outside the RBA's headquarters in Sydney ahead of this afternoon's interest rate decision, while trade on the Australian share market remains steady. Follow live.
  
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