Accountancy news

• Business executives accused of defrauding Indigenous tourism company of almost $500,000

  12-10-2023 23:05 via abc.net.au
  
  Two senior business executives have appeared in court, accused of an embezzlement scheme against luxury tourism company Voyages that went undetected for months.
  
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• Live: Inflation data reignites interest rate fears on Wall Street and ASX, while Israel-Gaza war sparks recession fears

  12-10-2023 22:46 via abc.net.au
  
  The latest data out of the US shows inflation is sticking around, which is leading investors to worry that regulators there will start raising rates again soon. Meanwhile, experts warn that if the Israel-Gaza war escalates it has the "potential to certainly derail markets". Read all about it as it happens on our live blog.
  
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• Inflation data reignites interest rate fears on Wall Street and ASX, while Israel-Gaza war sparks recession fears — as it happened

  12-10-2023 22:46 via abc.net.au
  
  The latest data out of the US shows inflation is sticking around, which is leading investors to worry that regulators there will start raising rates again soon. Meanwhile, experts warn that if the Israel-Gaza war escalates, it has the "potential to certainly derail markets". See how the day unfolded on our markets and economics blog.
  
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• Tracy is using her super to subsidise her rent. When it runs out, the 62-year-old 'may be homeless again'

  12-10-2023 22:20 via abc.net.au
  
  A national summit addressing the housing crisis has heard successive governments are to blame for getting Australians to this "flash point", and it could take up to 20 years to fix the problem.
  
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• There's no 'silver bullet' to solve the housing crisis, but a national summit ended with five ways forward

  12-10-2023 22:20 via abc.net.au
  
  A national summit addressing the housing crisis has heard successive governments are to blame for getting Australians to this "flash point", and it could take up to 20 years to fix the problem.
  
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• Experts say the housing crisis won't be fixed for decades, but these five approaches could help solve it

  12-10-2023 22:20 via abc.net.au
  
  A national summit addressing the housing crisis has heard successive governments are to blame for getting Australians to this "flash point", and it could take up to 20 years to fix the problem.
  
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• Apple farmers exit industry after pocketing a rise of just 50c a kilo in 20 years

  12-10-2023 22:17 via abc.net.au
  
  Retail fruit prices have barely changed in two decades, exports have dropped to about two per cent of the nation's crop and producers are fleeing the industry, new data from a NSW Farmers Association survey reveals.
  
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• Almost 85pc of Australians regularly buy apples. So why are farmers exiting the industry in droves?

  12-10-2023 22:17 via abc.net.au
  
  Retail fruit prices have barely changed in two decades, exports have dropped to about two per cent of the nation's crop and producers are fleeing the industry, new data from a NSW Farmers Association survey reveals.
  
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• Mining to begin on Australia's biggest phosphate deposits amid global demand for fertiliser

  12-10-2023 21:47 via abc.net.au
  
  A decrease in the quality of phosphate being mined overseas and growing investor interest in ethical projects are driving miners into Australia's largely untapped reserves.
  
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• PwC publicly rejected idea of 'separating' its businesses in 2019, but it was privately looking for a buyer

  12-10-2023 11:59 via abc.net.au
  
  Consulting giant PwC is accused of misleading the Senate after revelations it planned to sell its consultancy business at the same time it pushed back against the idea in evidence to a separate inquiry in 2019.
  
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• PwC caught out after telling Senate it was against 'separating' its businesses while looking for a seller in private

  12-10-2023 11:59 via abc.net.au
  
  Consulting giant PwC is accused of misleading the Senate after revelations it planned to sell its consultancy business at the same time it pushed back against the idea in evidence to a separate inquiry in 2019.
  
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• 'Makes me question everything': Inquiry hears PwC planned to sell consulting business while publicly criticising idea

  12-10-2023 11:59 via abc.net.au
  
  Consulting giant PwC is accused of misleading the Senate after revelations it planned to sell its consultancy business at the same time it pushed back against the idea in evidence to a separate inquiry in 2019.
  
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• Former RBA governor foresees accountability problem ahead for Bullock

  12-10-2023 08:40
  
  Former RBA governor foresees accountability problem ahead for Bullock
  rnathThu, 2023-10-12 17:40 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 Man
  
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• Surfers Paradise triple tower complex gets green light from council

  12-10-2023 08:39 via abc.net.au
  
  The project is expected to include more than 1,000 homes and a childcare centre.
  
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• What does APRA's Lonsdale think about banks re-entering wealth?

  12-10-2023 08:23
  
  What does APRA's Lonsdale think about banks re-entering wealth?Laura DewThu, 2023-10-12 17:23 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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• Solid month for new entrant gains

  12-10-2023 07:48
  
  Solid month for new entrant gains
  Laura DewThu, 2023-10-12 16:48 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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• Builder and manufacturer trade blows as pipes burst in newly-built homes across Perth

  12-10-2023 07:43 via abc.net.au
  
  Major Perth builder BGC is pleading with homeowners affected by bursting pipes not to start legal action as the company grapples with almost seven burst pipe reports a day.
  
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• Could the voting power of millions of stressed ratepayers decide the next federal election?

  12-10-2023 07:40 via abc.net.au
  
  Ratepayers across Australia have copped stiff rate bills this year as cash-strapped councils struggle to keep pace with escalating costs. 
  
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• Vanessa Amorosi breaks down in court and says a property dispute with her mother started a family 'war'

  12-10-2023 07:38 via abc.net.au
  
  The singer-songwriter broke down as she told the court her mother convinced her not to trust anyone with her millions at the height of her career.
  
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• How Aussie extra-virgin olive oil is bucking an international trend

  12-10-2023 05:19 via abc.net.au
  
  The largest producer of olive oil in Australia says it is delighted by the support it is getting from Australian consumers as prices for international competitors rise.
  
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• Flying cars and film stars: The 'Olympics of Festivals' lands in Sydney next week

  12-10-2023 05:08 via abc.net.au
  
  In its world-first debut outside of Austin, Texas, groundbreaking festival South by Southwest is coming to Sydney. But with tickets going for up to $1,895 how do locals get involved?
  
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• Worker killed after chemical reaction causes explosion at Melbourne factory

  12-10-2023 04:28 via abc.net.au
  
  One person is dead, and dozens have been evacuated from factories after a chemical explosion in Melbourne's west.
  
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• Lab-brewed milk attracts $25m in investments to bring synthetic dairy to market

  12-10-2023 02:01 via abc.net.au
  
  Milk made from lab-cultured proteins could be on Australian shelves as soon as 2025 as global demand grows for animal-free food alternatives.
  
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