Accountancy news

• Slowdown in consumption 'across the board' as higher rates and inflation bite, explaining RBA pause, as dollar dips — as it happened

  02-08-2023 23:40 via abc.net.au
  
  A sharp dip in retail sales volumes offered a big hint as to why there was no interest rate hike from the RBA this week, as the ASX took a dive after that bad news out of the US yesterday about its credit rating. Catch up on the market activity from today.
  
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• Live: Wall St falls after ratings cut, ASX to follow

  02-08-2023 23:40 via abc.net.au
  
  The Australian stock market is set to fall after a big slump on US indices.
  
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• Live updates: Retail sales figures help explain RBA rate hike pause

  02-08-2023 23:40 via abc.net.au
  
  A sharp dip in retail sales volumes offers a big hint as to why there was no interest rate hike from the RBA this week. Follow our live blog.
  
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• Live: Retail sales figures help explain RBA rate hike pause

  02-08-2023 23:40 via abc.net.au
  
  A sharp dip in retail sales volumes offers a big hint as to why there was no interest rate hike from the RBA this week. Follow our live blog.
  
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• Live: ASX attempts to climb higher in afternoon trade despite falls on Wall St

  02-08-2023 23:40 via abc.net.au
  
  The Australian stock market has opened lower after a big slump on US indices, but it is trying to track higher in early afternoon trade. Follow our live blog.
  
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• Property market strength set to continue, according to new report

  02-08-2023 23:00 via abc.net.au
  
  The report analyses consumer behaviour by extracting property market data from 12.1 million Australians.
  
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• ‘I call Australia my home’: Djawa YunupiÅ‹u’s musical call for national unity ahead of Garma Festival

  02-08-2023 22:42 via abc.net.au
  
  The younger brother of two former Australians of the Year is following in his family’s footsteps, using his new song to urge all Australians to come together as one.
  
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• 'I call Australia my home': Djawa YunupiÅ‹u's musical call for national unity ahead of Garma Festival

  02-08-2023 22:42 via abc.net.au
  
  The younger brother of two former Australians of the Year is following in his family’s footsteps, using his new song to urge all Australians to come together as one.
  
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• 'I call Australia my home': Djawa YunupiÅ‹u’s musical call for national unity ahead of Garma Festival

  02-08-2023 22:42 via abc.net.au
  
  The younger brother of two former Australians of the Year is following in his family’s footsteps, using his new song to urge all Australians to come together as one.
  
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• Another construction company has bitten the dust. Is this a trend we can expect to continue?

  02-08-2023 22:34 via abc.net.au
  
  As another Victorian construction company folds, consumers are questioning who is next and is it safe to build a home. Master Builders Victoria says things should ease soon. 
  
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• Rising interest rates have been costing corporate Australia. We're about to find out just how much

  02-08-2023 22:00 via abc.net.au
  
  Australia's biggest companies are detailing the impact cost-of-living pressures and high interest rates have had on their bottom line. Analysts say the results will give an early warning sign as to where the economy is heading.
  
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• Could you do without your red garbage bin? This 'garbologist' has managed to ditch hers

  02-08-2023 22:00 via abc.net.au
  
  Professional garbologist Bel has so little landfill waste she's ditched her red bin. Here's how she did it.
  
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• Corporate tax avoidance costs trillions a year. But Australia's plan to end it could create new problems

  02-08-2023 22:00 via abc.net.au
  
  Australia's biggest companies are detailing the impact cost-of-living pressures and high interest rates have had on their bottom line. Analysts say the results will give an early warning sign as to where the economy is heading.
  
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• 'Consumer spending has really fallen off a cliff': Corporate reporting season offers a window on the economy's future

  02-08-2023 22:00 via abc.net.au
  
  Australia's biggest companies are detailing the impact cost-of-living pressures and high interest rates have had on their bottom line. Analysts say the results will give an early warning sign as to where the economy is heading.
  
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• Bel has so little household waste she's ditched her red bin. She shares some simple tips

  02-08-2023 22:00 via abc.net.au
  
  Professional garbologist Bel has so little landfill waste she's ditched her red bin. Here's how she did it.
  
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• Bel has reduced her household waste to just 4kg a year. This is how she ditched her red bin

  02-08-2023 22:00 via abc.net.au
  
  Professional garbologist Bel has so little landfill waste she's ditched her red bin. Here's how she did it.
  
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• Bel broke up with her red bin. Her advice is to start small

  02-08-2023 22:00 via abc.net.au
  
  Professional garbologist Bel has so little landfill waste she's ditched her red bin. Here's how she did it.
  
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• Cafe owner Phillip says costs are too high as a report finds many small businesses make zero profit

  02-08-2023 21:57 via abc.net.au
  
  The majority of small business owners are earning less than their own employees, according to new data from the Australian Small Business Ombudsman.
  
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• Tourist town losing the people who 'give it life' as median house price nudges $1m

  02-08-2023 21:48 via abc.net.au
  
  A lack of affordable and available housing is driving young families from Port Fairy, prompting fears for the future of the town's two primary schools.
  
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• 'China is a doer not a talker': Leaked email shows China's influence over Solomon Islands media

  02-08-2023 21:31 via abc.net.au
  
  Solomon Islands' longest running newspaper promised China favourable coverage in return for money, and a leaked email has revealed concerns around stories that could damage the Solomon Star's ability to access further funds from Beijing.
  
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• Australia has a plan to stop corporations from evading tax offshore. It might backfire

  02-08-2023 21:30 via abc.net.au
  
  A global minimum tax is designed to stop multinationals avoiding taxes. But some experts argue it may have unintended consequences.
  
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• Workers face the biggest cost of living pressures and more of them are taking out multiple jobs to cope

  02-08-2023 20:16 via abc.net.au
  
  A record number of Australians are working multiple jobs, as employees try to keep up with a near 10 per cent surge in the cost of living.
  
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• Shaheryar has a professional job, but he's driving rideshare to make his mortgage — and he's not alone

  02-08-2023 20:16 via abc.net.au
  
  A record number of Australians are working multiple jobs, as employees try to keep up with a near 10 per cent surge in the cost of living.
  
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• A record number of Australians are working multiple jobs to 'keep their heads above water'

  02-08-2023 20:16 via abc.net.au
  
  A record number of Australians are working multiple jobs, as employees try to keep up with a near 10 per cent surge in the cost of living.
  
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• Russia damages almost 40,000 tonnes of grain, some of it meant for Africa

  02-08-2023 16:52 via abc.net.au
  
  Grain meant to go to African nations, China and Israel is destroyed in what Ukraine says was a targeted attack by Russia.
  
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• 'I’m singing with my old buddy again': Paul McCartney on how AI is bringing John Lennon back on stage

  02-08-2023 12:49 via abc.net.au
  
  Whenever Paul McCartney picks up the guitar to compose new music he still wonders what John Lennon would make of it.
  
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• 'I'm singing with my old buddy again': Paul McCartney on how AI is bringing John Lennon back on stage

  02-08-2023 12:49 via abc.net.au
  
  Whenever Paul McCartney picks up the guitar to compose new music he still wonders what John Lennon would make of it.
  
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• Copper thieves 'taking chainsaws and hacksaws' to power poles, say NSW police

  02-08-2023 08:55 via abc.net.au
  
  The state' biggest electricity distributor says thieves are putting their lives at risk by cutting down power poles in an attempt to steal and sell copper wiring.
  
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• Alleged copper wire thieves 'taking chainsaws and hacksaws' to dozens of NSW power poles

  02-08-2023 08:55 via abc.net.au
  
  New South Wales' biggest electricity distributor says thieves are putting their lives at risk by cutting down power poles in an attempt to steal and sell copper wiring.
  
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• How this advice business has flourished for 50 years

  02-08-2023 08:51
  
  How this advice business has flourished for 50 yearsrnathWed, 2023-08-02 16:51 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 ManagementPrint0SaveN
  
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• Chief minister silent on action after ICAC investigation into NT government investment

  02-08-2023 08:34 via abc.net.au
  
  The anti-corruption watchdog closes its investigation into the $10 million taxpayer-funded investment in Darwin water bottle company NT Beverages without making any findings.
  
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• ASIC inquiry dispute continues as Labor appears in Senate

  02-08-2023 08:16
  
  ASIC inquiry dispute continues as Labor appears in SenateLaura DewWed, 2023-08-02 16:16 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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• Crossbenchers fire back at NT chief minister's 'teals and trolls' speech

  02-08-2023 07:44 via abc.net.au
  
  The Northern Territory chief minister took aim at southern "teals and trolls spreading their nonsense" about plans to develop the north at a National Press Club address in Canberra.
  
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• ABC journalist denies breaching editorial policies over war crimes allegations

  02-08-2023 06:54 via abc.net.au
  
  Investigative journalist Mark Willacy rejects accusations in court that he breached ABC editorial policies and the media union's code of ethics over stories about allegations of war crimes.
  
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• Regulator fines third NSW mine in a month over unlicensed water losses

  02-08-2023 06:46 via abc.net.au
  
  The Tahmoor coal mine agrees to pay more than $200,000 for taking an unknown quantity of water in breach of its licence conditions.
  
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• Regulator fines third NSW coal mine in a month over water licence breaches

  02-08-2023 06:46 via abc.net.au
  
  The Tahmoor coal mine agrees to pay more than $200,000 for taking an unknown quantity of water in breach of its licence conditions.
  
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• Regulator fines third NSW coal mine in a month over unlicensed water losses

  02-08-2023 06:46 via abc.net.au
  
  The Tahmoor coal mine agrees to pay more than $200,000 for taking an unknown quantity of water in breach of its licence conditions.
  
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• Motorsport boss stunned Targa to continue without governing body's blessing

  02-08-2023 06:37 via abc.net.au
  
  Motorsport Australia's CEO says he is disappointed Targa will "go it alone" with the tarmac rally event without waiting for his organisation to implement new regulations following four competitor deaths in two years.
  
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• 'Beggars belief': Motorsport boss stunned Targa to continue without governing body's blessing

  02-08-2023 06:37 via abc.net.au
  
  Motorsport Australia's CEO says he is disappointed Targa will "go it alone" with the tarmac rally event without waiting for his organisation to implement new regulations following four competitor deaths in two years.
  
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• Premier calls for coronial inquest into Broome chopper crash which killed girl, pilot

  02-08-2023 04:40 via abc.net.au
  
  WA Premier Roger Cook says he was "shocked" to learn of the oversight of aviation authorities and says coronial inquest is the only way to bring answers to the girl's family.
  
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• Rio boss 'cautiously optimistic' a 'measured response' will lift China from its economic funk

  02-08-2023 04:10 via abc.net.au
  
  Rio Tinto chief executive Jakob Stausholm says he is "cautiously optimistic" Chinese authorities will boost the country's ailing economy despite uncertainty about Beijing's plans.
  
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• ASIC reveals H1 advice enforcement stats

  02-08-2023 03:58
  
  ASIC reveals H1 advice enforcement stats
  Laura DewWed, 2023-08-02 11:58 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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• Mayor fights to save Queensland mining town at risk of extinction

  02-08-2023 03:31 via abc.net.au
  
  As a wrecking ball looms over 300 homes in the small town of Glenden, the local mayor is pleading with the state government and rival coal mining companies to save the community.
  
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• Former Ignition CEO takes up chair role

  02-08-2023 02:46
  
  Former Ignition CEO takes up chair rolernathWed, 2023-08-02 10:46 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 ManagementPrint0SaveNo votes have
  
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• French journalists end strike over new editor but warn he will 'find an empty newsroom'

  02-08-2023 02:29 via abc.net.au
  
  The strike began following the nomination of former right-wing magazine head Geoffroy Lejeune as editor-in-chief of French newspaper Le Journal du Dimanche.
  
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• 'We can't afford to rent': Elderly men desperate for somewhere to live after being told to vacate their homes

  02-08-2023 01:59 via abc.net.au
  
  Aged care residents being forced to vacate their accommodation are among a growing number of older people struggling amid the rental crisis. 
  
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• Deadline looms for China's response to lifting tariffs on Australia's $1.2b barley trade

  02-08-2023 01:36 via abc.net.au
  
  There is no decision, but the Australian government is saying it expects China to lift the massive tariffs on Australian barley or it will go back to the WTO.
  
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• Plan to build 900k new houses in south-east Queensland by 2046

  02-08-2023 01:17 via abc.net.au
  
  Deputy Premier Steven Miles says the government is also setting a target for 20 per cent of new builds to be social or affordable housing. He says the government is supporting additional development in West End. 
  
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• 'Not another Sydney': 900k new homes planned for south east Queensland, most in existing urban areas

  02-08-2023 01:17 via abc.net.au
  
  Deputy Premier Steven Miles says the government is also setting a target for 20 per cent of new builds to be social or affordable housing. He says the government is supporting additional development in West End. 
  
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• Truckies blast 'appalling' decade-long backlog to fix WA's damaged roads

  02-08-2023 01:07 via abc.net.au
  
  Road train driver Heather Jones says steep drops from the edge of road bitumen are contributing to crashes as the state government concedes it may take a decade to clear its maintenance backlog.
  
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