Accountancy news

• Live: Qantas grilled by Senate inquiry, as consulting firms KPMG and PwC face more heat

  26-09-2023 23:55 via abc.net.au
  
  KPMG's boss tells a Senate inquiry it's reviewing its donations process, PwC's internal bombshell drops, inflation is heating up again, and Qantas is facing a serious grilling by another inquiry.
  
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• Live: KPMG pauses political donations, inflation jumps again in Australia, ASX falls

  26-09-2023 23:55 via abc.net.au
  
  Andrew Yates, CEO of KPMG Australia, told a Senate inquiry that the company is currently reviewing its donation policies. The big four consultancy firms have donated $4.3 million to major political parties over the past decade.
  
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• Live: Inquiry into consulting hears 'contempt continues from PwC', ASX drops ahead of August CPI figure

  26-09-2023 23:55 via abc.net.au
  
  A fall on Wall Street sends Australian stocks lower, while the August monthly CPI figure is tipped to edge higher. Follow the latest updates in our live blog.
  
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• Live: Inflation jumps again in Australia, while inquiry into consulting hears 'contempt from PwC continues'

  26-09-2023 23:55 via abc.net.au
  
  The annual rate of inflation picked up in August to 5.2 per cent from 4.9 per cent, according to the latest monthly measure of inflation, with this pushed up by more expensive housing, transport, food and insurance. 
  
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• Live: ASX to drop ahead of August CPI figure, Wall Street sinks

  26-09-2023 23:55 via abc.net.au
  
  A fall on Wall Street is likely to send Australian stocks lower, while the August monthly CPI figure is tipped to edge higher. Follow the latest updates in our live blog.
  
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• ASX closes down as inflation jumps, and Senate inquiries grill Qantas and consulting firms — as it happened

  26-09-2023 23:55 via abc.net.au
  
  It was a big day in business news. KPMG's boss told a Senate inquiry it's reviewing its donations process, PwC's internal bombshell drops, inflation is heating up again, and Qantas is facing a serious grilling by another inquiry. Read how the day unfolded on our blog.
  
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• Dry cleaning family to hang up the iron after 82 years of 'mud, blood and beer'

  26-09-2023 22:39 via abc.net.au
  
  After running his family's Tamworth-based dry cleaners for 61 years, Ross says there is one stain he certainly won't be missing on the eve of his retirement.
  
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• After 60 years of 'mud, blood and beer', there's one stain that haunts this retiring dry cleaner

  26-09-2023 22:39 via abc.net.au
  
  Country town's beloved dry cleaning family to hang up the iron after 82 years of pressing jeans, removing stains and reviving antique wedding dresses.
  
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• After 60 years of 'mud, blood and beer', there's another stain that haunts this retiring dry cleaner

  26-09-2023 22:39 via abc.net.au
  
  Country town's beloved dry cleaning family to hang up the iron after 82 years of pressing jeans, removing stains and reviving antique wedding dresses.
  
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• The curious case of the Jewel and the Gold Coast's near-empty $1.5b towers

  26-09-2023 22:17 via abc.net.au
  
  The Jewel's eye-catching towers are the sparkling gem in the Surfers Paradise skyline, but three years after they were built, hundreds of luxury apartments remain empty and most are not up for sale.
  
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• Build-to-rent housing is gaining momentum, so will it help ease the rental crisis?

  26-09-2023 21:23 via abc.net.au
  
  A new model of housing development is being touted as a solution to the housing crisis. But is it a game changer or more of the same for renters across New South Wales?  
  
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• PwC to announce major overhaul alongside findings of probe of tax leak scandal

  26-09-2023 16:01 via abc.net.au
  
  Embattled consulting giant PwC will today announce a major overhaul of governance, culture and accountability when it releases a long-awaited independent review into a tax leak scandal that has badly damaged the firm's reputation.
  
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• Qantas shareholders demand Richard Goyder quit as chairman as 'more things come to light' about management decisions

  26-09-2023 10:30 via abc.net.au
  
  The Australian Shareholders' Association has joined the growing chorus of calls demanding Qantas' chairman Richard Goyder resign from his position, and has placed the rest of the airline's board on notice after weeks of scandals.
  
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• Qantas shareholders demand chairman's resignation as board put on notice

  26-09-2023 10:30 via abc.net.au
  
  The Australian Shareholders' Association has joined the growing chorus of calls demanding Qantas' chairman Richard Goyder resign from his position, and has placed the rest of the airline's board on notice after weeks of scandals.
  
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• Satellite technology means no more mobile phone black spots for police

  26-09-2023 10:15 via abc.net.au
  
  Most regional police cars in WA will have new satellite technology to provide constant communications access by the end of next year.
  
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• Two of Australia's biggest airports call for government to review Qatar Airways decision

  26-09-2023 08:32 via abc.net.au
  
  Brisbane Airport Corporation tells a Senate inquiry the the government's rejection of Qatar Airways' bid to fly more services to Australia is driving up airfares and undermining tourism. 
  
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• Hollywood screenwriters have put down their pickets so what happens next?

  26-09-2023 06:12 via abc.net.au
  
  After 146 days of Hollywood shutdowns and strikes, screenwriters have struck a tentative deal with studios. But here's why there will be no return to TV and film as we know it.  
  
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• 'It's your money': Queensland commuters urged to reclaim funds on dormant go cards

  26-09-2023 05:36 via abc.net.au
  
  Millions of dollars are siting on go cards that have expired after years of inactivity, with Translink urging commuters to get a refund as the network transitions to smart ticketing.
  
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• Why Australia's fuel efficiency debate is all coming down to our love of 4WDs and utes

  26-09-2023 04:45 via abc.net.au
  
  Automotive brands are being accused of pushing a "loophole" policy so they can keep selling dirty and inefficient vehicles to Australian consumers.
  
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• Victorian Farmers Federation faces more turmoil as dairy leaders leave for new lobby group

  26-09-2023 02:56 via abc.net.au
  
  Farmers cite "poor consultation" and a lack of focus on dairy-specific issues for their decision to walk away from the VFF.
  
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• Live: Wall Street snaps four-day losing streak, ASX to open flat

  26-09-2023 00:02 via abc.net.au
  
  The Australian share market is likely to start its day relatively flat, while the US dollar rises to a 10-month high on bets interest rates may stay higher for longer than investors had expected. Follow the latest updates in our live blog. 
  
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• Live: ASX slips to 11-week low, Wall Street snaps four-day losing streak

  26-09-2023 00:02 via abc.net.au
  
  The Australian share market has fallen to its lowest level since July 10, while the US dollar rises to a 10-month high on bets interest rates may stay higher for longer than investors had expected. Follow the latest updates in our live blog. 
  
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• ASX slips to 11-week low, Wall Street snaps four-day losing streak — as it happened

  26-09-2023 00:02 via abc.net.au
  
  The Australian share market has fallen to its lowest level since July 10, while the US dollar has risen to a 10-month high on bets interest rates may stay higher for longer than investors expected. 
  
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