Accountancy news

• Live: Treasurer says allegations Qantas sold tickets for cancelled flights 'deeply concerning', ASX flat

  30-08-2023 23:52 via abc.net.au
  
  The competition watchdog has launched legal action against Qantas for allegedly selling tickets for flights it had already cancelled, while the ASX has opened flat. Follow live.
  
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• Live: Pause in US interest rate hikes likely as economy cools, Wall Street rallies for fourth day, ASX to rise

  30-08-2023 23:52 via abc.net.au
  
  The US economy has continued to cool, raising expectations the Federal Reserve will leave rates on hold next month, while the ASX is set to edge higher at the open on Thursday. Follow live.
  
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• Live: ACCC takes Qantas to court for allegedly selling tickets for cancelled flights, ASX to rise

  30-08-2023 23:52 via abc.net.au
  
  The US economy has continued to cool, raising expectations the Federal Reserve will leave rates on hold next month, while the ASX is set to edge higher at the open on Thursday. Follow live.
  
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• Live: ACCC takes Qantas to court for allegedly selling tickets for cancelled flights, ASX flat

  30-08-2023 23:52 via abc.net.au
  
  The competition watchdog has launched legal action against Qantas for allegedly selling tickets for flights it had already cancelled, while the ASX has opened flat. Follow live.
  
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• ASX edges slightly higher, treasurer says allegations Qantas sold tickets for cancelled flights 'deeply concerning', Qantas updates controversial travel credit scheme — as it happened

  30-08-2023 23:52 via abc.net.au
  
  Qantas updates its controversial travel credits scheme, as the ACCC launches legal action against the airline for allegedly selling tickets for flights it had already cancelled. Look back on the day's business and finance news as it happened with our blog.
  
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• ASX edges slightly higher, treasurer says allegations Qantas sold tickets for cancelled flights 'deeply concerning — as it happened

  30-08-2023 23:52 via abc.net.au
  
  Qantas updates its controversial travel credits scheme, as the ACCC launches legal action against the airline for allegedly selling tickets for flights it had already cancelled. Look back on the day's business and finance news as it happened with our blog.
  
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• ASX closes flat, treasurer says allegations Qantas sold tickets for cancelled flights 'deeply concerning', Qantas updates controversial travel credit scheme — as it happened

  30-08-2023 23:52 via abc.net.au
  
  Qantas has scrapped the expiry date on its COVID travel credits. Meanwhile, the competition watchdog has launched legal action against the airline for allegedly selling tickets for flights it had already cancelled. Look back on the day's business and finance news as it happened with our blog.
  
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• Plan to farm sea grapes that pop in your mouth 'like caviar' off Arnhem Land

  30-08-2023 23:11 via abc.net.au
  
  Could South Goulburn Island become home to Australia's first sea grape farm? The Yagbani Aboriginal Corporation believes it can, bringing the celebrated ingredient known as umibudo in Japan to the plate.
  
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• Pacific countries are not 'outposts' to grow labourers for Australia, Samoan PM says

  30-08-2023 22:14 via abc.net.au
  
  Samoa's Prime Minister Fiame Naomi Mata'afa has raised deep concerns about the mass exodus of Pacific Island workers to Australia and New Zealand.
  
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• Rebekah thought she was building her 'forever home'. Now she's paying a mortgage for work that needs to be torn down

  30-08-2023 22:12 via abc.net.au
  
  Multiple Victorian home owners have made complaints to the state's building authority over allegedly defective works they say have left them hundreds of thousands of dollars out of pocket.
  
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• Andrea thought she was building the home she'd retire in. $1 million later, she and her family are in a 'nightmare'

  30-08-2023 22:12 via abc.net.au
  
  Multiple Victorian home owners have made complaints to the state's building authority over allegedly defective works they say have left them hundreds of thousands of dollars out of pocket.
  
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• SA teachers are going on strike over a pay dispute. Here's what we know

  30-08-2023 22:11 via abc.net.au
  
  While the state government has said there will be no "muskets at dawn", negotiations with the union on Wednesday failed to resolve the deadlock, meaning more than 150 schools will close, leaving thousands of families to make alternative arrangements.
  
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• 'Parents will need to make alternative arrangements': Everything you need to know about SA's teacher strike

  30-08-2023 22:11 via abc.net.au
  
  While the state government has said there will be no "muskets at dawn", negotiations with the union on Wednesday failed to resolve the deadlock, meaning more than 150 schools will close, leaving thousands of families to make alternative arrangements.
  
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• 'It has no place in Victoria': Protesters seek end of coal-to-hydrogen project

  30-08-2023 22:09 via abc.net.au
  
  Environmentalists say a proposal to produce hydrogen from Victorian coal in Latrobe Valley should be abandoned, but those backing the project are seeking to commercialise it.
  
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• Canada, USA, China and UK the largest foreign owners of Australian water

  30-08-2023 22:00 via abc.net.au
  
  A new report, released by the Australian Tax Office today, will show that foreign ownership of water increased by 0.3 per cent in the year to June 2022.
  
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• 'Trying to hit the stars': ASIC takes legal action against collapsed company directors

  30-08-2023 21:20 via abc.net.au
  
  Five former directors and officers of the failed funeral insurer Youpla are facing fines, after the corporate watchdog ASIC commenced civil proceedings over an arrangement to send the funds to a company in Vanuatu.
  
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• ASIC takes 'rare' legal action against former directors of failed funeral insurer Youpla

  30-08-2023 21:20 via abc.net.au
  
  Five former directors and officers of the failed funeral insurer Youpla are facing fines, after the corporate watchdog ASIC commenced civil proceedings over an arrangement to send the funds to a company in Vanuatu.
  
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• Ruby tried to cancel her Amazon account in March, but got stuck in a 'subscription trap'

  30-08-2023 20:44 via abc.net.au
  
  Ruby Callaghan has tried for six months to stop one of the world's retail giants from charging her unwanted fees. The federal government says it is looking at introducing legislation, known as "don't be a jerk laws", to help curb the issue. 
  
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• National energy grid facing peak pressures over hotter months

  30-08-2023 20:01 via abc.net.au
  
  Much of the national power grid is facing substantial reliability problems over the next decade, and as soon as this summer, without rapid investment in both electricity generation and transmission.
  
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• Live moment: Energy market operator CEO to speak, as national grid faces peak pressures over hotter months

  30-08-2023 20:01 via abc.net.au
  
  Much of the national power grid is facing substantial reliability problems over the next decade, and as soon as this summer, without rapid investment in both electricity generation and transmission.
  
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• Live moment: Energy market operator CEO speaks, as national grid faces peak pressures over hotter months

  30-08-2023 20:01 via abc.net.au
  
  Much of the national power grid is facing substantial reliability problems over the next decade, and as soon as this summer, without rapid investment in both electricity generation and transmission.
  
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• 'Imminent and urgent investment' required as national energy grid faces reliability fears ahead of hot summer

  30-08-2023 20:01 via abc.net.au
  
  Much of the national power grid is facing substantial reliability problems over the next decade, and as soon as this summer, without rapid investment in both electricity generation and transmission.
  
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• 'I don't think anyone swallows that story': Flight Centre boss lashes government for putting Qantas before customers

  30-08-2023 07:16 via abc.net.au
  
  Two former heads of the national competition watchdog say the federal government's move to block Qatar Airways' request for extra flights to protect Qantas decreases competition and leaves travellers worse off.
  
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• 'I don't think anyone swallows that story': Flight Centre boss lashes federal government for putting Qantas before customers

  30-08-2023 07:16 via abc.net.au
  
  Two former heads of the national competition watchdog say the federal government's move to block Qatar Airways' request for extra flights to protect Qantas decreases competition and leaves travellers worse off.
  
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• Decision to block extra Qatar Airways flights to protect Qantas 'a really bad decision', former ACCC bosses say

  30-08-2023 07:16 via abc.net.au
  
  Two former heads of the national competition watchdog say the federal government's move to block Qatar Airways' request for extra flights to protect Qantas decreases competition and leaves travellers worse off.
  
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• In 2020, a uni student launched a world-first case against the federal government. They’ve now reached an agreement

  30-08-2023 06:00 via abc.net.au
  
  The federal government has agreed to settle a world-first court case accusing it of misleading investors by failing to disclose the risk climate change poses to its bonds.
  
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• Australian government acknowledges risk of climate change to bonds after world-first court case

  30-08-2023 06:00 via abc.net.au
  
  The federal government has agreed to settle a world-first court case accusing it of misleading investors by failing to disclose the risk climate change poses to its bonds.
  
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• Is Netflix in its flop era? Subscribers are down for the first time since 2015

  30-08-2023 04:54 via abc.net.au
  
  The streaming platform has always dominated the landscape, but for the first time since Netflix entered the Australian market — subscription numbers are down. 
  
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• Inflation eases more than forecast in July but housing costs continue to rise

  30-08-2023 03:48 via abc.net.au
  
  Inflation cooled more than forecast over the 12 months to July, with the ABS monthly index showing consumer prices easing to an annual pace of 4.9 per cent last month.
  
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• Ultramarathoner smashes Larapinta Trail record by running for 53 hours with just 5 minutes' sleep

  30-08-2023 02:27 via abc.net.au
  
  Piotr Babis braved a lack of sleep and hallucinations to beat the previous fastest known time for an unsupported run along central Australia's 230-kilometre Larapinta trail, only to go back the following morning for a six-day hike.
  
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• Half of new businesses have failed in the past four years, and it's getting worse

  30-08-2023 01:04 via abc.net.au
  
  Small businesses are significantly more at risk of collapse than large businesses, with the "survival rate" for new sole proprietors hovering at 41.5 per cent.
  
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• Half of new businesses have failed in the last four years, and it's getting worse

  30-08-2023 01:04 via abc.net.au
  
  Over 15 per cent of Australian businesses failed in the last 12 months, the worst rate since the Global Financial Crisis.
  
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