Accountancy news

• Live: Wall Street falls, Australian market set to defy downward lead

  09-08-2023 23:43 via abc.net.au
  
  Wall Street indices have fallen but the Australian market looks set to rise in early trade.
  
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• Live: AGL loses $1.2b despite rising power prices, households splurge on Barbenheimer despite fall in spending

  09-08-2023 23:43 via abc.net.au
  
  A volatile reporting season continues as AGL loses $1.2 billion while QBE Insurance and AMP record multi-million-dollar profits. Follow live.
  
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• Energy sector drives ASX higher as strike threat raises gas prices — as it happened

  09-08-2023 23:43 via abc.net.au
  
  The threat of strike action at Western Australia's key gas export facilities sends global prices surging and lifts energy stocks and the ASX.
  
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• Telcos claim Australians are ready for 3G switch off, but the network remains vital in the bush

  09-08-2023 23:11 via abc.net.au
  
  The 3G network switch-off dates are looming. Telcos say Australia is ready for the transition to 4G and 5G, but some community members disagree.
  
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• EFTPOS machines, medical devices, older mobile phones could be useless when 3G switched off

  09-08-2023 23:11 via abc.net.au
  
  The 3G network switch-off dates are looming. Telcos say Australia is ready for the transition to 4G and 5G, but some community members disagree.
  
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• Phil has collected 75 tonnes of rubbish dumped in the bush and says the solution is a 'sad' reality

  09-08-2023 23:03 via abc.net.au
  
  Bush access is being restricted in hotspots where volunteers are removing white goods, used nappies, and burnt-out cars illegally dumped in Queensland bushland. 
  
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• 'Disgraceful': Labor attack ad mocked-up as 'power bill' blasted by Tasmanian government

  09-08-2023 21:34 via abc.net.au
  
  Its layout and colour scheme are similar to an actual power bill — but if you look closer, it is a Labor attack on power prices under the Liberals, something the Tasmanian premier says is a "disgraceful scam" that has people "needlessly scared".
  
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• Attack ad mocked-up as 'power bill' blasted by Tasmanian Liberals

  09-08-2023 21:34 via abc.net.au
  
  Its layout and colour scheme are similar to an actual power bill — but if you look closer, it is a Labor attack on power prices under the Liberals, something the Tasmanian premier says is a "disgraceful scam" that has people "needlessly scared".
  
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• Why the honeymoon is over — banks pull back on fight for new borrowers

  09-08-2023 19:53 via abc.net.au
  
  The big banks were offering cashback deals and competitive rates to grab their share of the refinancing boom, but the trend has reversed as margins start to come under pressure, leaving some borrowers trapped between a mortgage cliff and a mortgage prison.
  
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• Elder says her community has been 'torn apart' by dispute with Andrew Forrest's FMG

  09-08-2023 12:24 via abc.net.au
  
  As the Federal Court hears testimony from Pilbara elders, lawyers for Andrew Forrest's Fortescue Metals Group have continued to deny the iron ore miner is liable for compensation for traditional owners.
  
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• No 'conflicts of interest' as it's revealed NSW gas policy consultants were simultaneously working with Santos

  09-08-2023 11:43 via abc.net.au
  
  An annual report reveals the consultants who helped develop New South Wales' Future of Gas Statement were working with energy company Santos at the same time, but Ernst & Young says there is no conflict of interest.
  
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• Nightclub to 'fully educate' staff after young patron carrying insulin questioned

  09-08-2023 10:52 via abc.net.au
  
  An Adelaide nightclub defends its handling of an incident in which a man with type 1 diabetes was questioned about his insulin — but said it would work to ensure such an occurrence "doesn't happen again".
  
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• Sydney developer must pay $1.5m to continue with Ray Hadley defamation case, court told

  09-08-2023 08:59 via abc.net.au
  
  At a Federal Court hearing in Sydney on Wednesday, Registrar Paul Farrell was presented with questions about how the defamation case can proceed because Jean Nassiff is either still overseas, reportedly in Lebanon, or bankrupt.
  
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• 'It’s something I do not wish on anybody': Report details the harsh impacts of waiting for social housing

  09-08-2023 08:00 via abc.net.au
  
  Many of the people interviewed said they have been waiting for several years to find adequate social housing. 
  
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• Insurance company refuses to pay Adelaide man's medical bills after Indonesian scooter accident

  09-08-2023 05:59 via abc.net.au
  
  An Adelaide mother says she will have to pay $370,000 in medical fees because her son was not covered for scooter-related injuries when he was involved in a serious accident in Indonesia.
  
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• Insurance company denies Adelaide man's claim after Indonesian scooter accident

  09-08-2023 05:59 via abc.net.au
  
  An Adelaide mother says she will have to pay $370,000 in medical fees because her son was not covered for scooter-related injuries when he was involved in a serious accident in Indonesia.
  
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• 'They should be outraged': Insider blows whistle on real estate 'kickbacks' he claims could hurt homebuyers

  09-08-2023 05:42 via abc.net.au
  
  It's banned in three states, but in other parts of Australia conveyancers are paying real estate agents to recommend their services in a practice one insider has described as unethical even though it's legal.
  
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• Hunter Valley wedding bus driver excused from fronting court as 52 new charges laid

  09-08-2023 04:59 via abc.net.au
  
  The driver of a bus that crashed after a wedding in the NSW Hunter Valley in June killing 10 people has been charged with a new total of 63 alleged offences after a further 52 charges were tendered in court.
  
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• Hunter Valley wedding bus driver excused from fronting court as 52 new charges formerly laid

  09-08-2023 04:59 via abc.net.au
  
  The driver of a bus that crashed after a wedding in the NSW Hunter Valley in June killing 10 people has been charged with a new total of 63 alleged offences after a further 52 charges were formerly tendered in court.
  
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• Hunter Valley wedding bus driver excused from fronting court as 52 new charges formally laid

  09-08-2023 04:59 via abc.net.au
  
  The driver of a bus that crashed after a wedding in the NSW Hunter Valley in June, killing 10 people, is charged with a new total of 63 alleged offences after a further 52 charges were formally tendered in court.
  
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• New bus company servicing Sydney's south sorry for 'bad start' after flood of complaints

  09-08-2023 04:18 via abc.net.au
  
  The new head of U-Go Mobility apologises after a chaotic first month in which passengers faced long waits for buses, multiple cancellations and drivers going the wrong way.
  
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• Anger as V/Line breakdown in inner Melbourne sees 100 passengers 'stuck' for three hours

  09-08-2023 03:15 via abc.net.au
  
  V/Line passengers on a train to Gippsland have said they could not get off during a three-hour breakdown outside Richmond Station on Tuesday afternoon.
  
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• Final report into deadly Wallan train derailment identifies crucial protocol failures

  09-08-2023 02:31 via abc.net.au
  
  The Australian Transport Safety Bureau says there was no protocol in place to confirm the driver of the train, which derailed, killing two people, understood routing changes that had been made.
  
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• Final report in Wallan train derailment identifies crucial failures in protocol which contributed to the fatal crash

  09-08-2023 02:31 via abc.net.au
  
  The Australian Transport Safety Bureau says there was no protocol in place to confirm the driver of the train, which derailed, killing two people, understood routing changes that had been made.
  
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• Trade staff locked out of Clive Palmer's Coolum resort after allegedly receiving termination letters

  09-08-2023 01:14 via abc.net.au
  
  Dozens of construction staff have gathered outside Clive Palmer's resort on the Sunshine Coast following an apparent workplace dispute.
  
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• Emergency services work to remove car stuck on Adelaide's O-Bahn

  09-08-2023 00:40 via abc.net.au
  
  SA Police say officers found the car's owner walking along the tracks in the early hours of this morning.
  
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• Alleged drink driver to face court after car blocks Adelaide's O-Bahn

  09-08-2023 00:40 via abc.net.au
  
  Adelaide's O-Bahn busway reopens after being blocked this morning by a car which had been driven onto the track, with the vehicle's owner to face court for alleged drink driving.
  
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• 'Downside risks building' for Australia's economy, warns CBA boss as bank makes record profit

  09-08-2023 00:34 via abc.net.au
  
  The Commonwealth Bank posts a record profit of $10.2 billion, up 5 per cent on last financial year, but warns of growing "downside risks" for the Australian economy.
  
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• Commonwealth Bank earnings top $10b as interest rate rises boost profit margins

  09-08-2023 00:34 via abc.net.au
  
  The Commonwealth Bank posts a record profit of $10.2 billion, up 5 per cent on last financial year.
  
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• CBA just made a record profit, but it's 'monitoring the impact' of rapid interest rate rises

  09-08-2023 00:34 via abc.net.au
  
  The Commonwealth Bank posts a record profit of $10.2 billion, up 5 per cent on last financial year.
  
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