Accountancy news

• In the shadows of the billion-dollar solar industry, 'cowboys' are drawn to huge profits with little oversight

  04-10-2024 21:36 via abc.net.au
  
  Solar businesses across the country are owed millions of dollars for work they have done as part of Australia's flagship green power scheme. But it's not customers owing them money. It's the middlemen, sitting at the heart of the financial plumbing behind it. 
  
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• Billions are sloshing through the solar industry. It has attracted 'cowboys’ looking to game the system

  04-10-2024 21:36 via abc.net.au
  
  Solar businesses across the country are owed millions of dollars for work they have done as part of Australia's flagship green power scheme. But it's not customers owing them money. It's the middlemen, sitting at the heart of the financial plumbing behind it. 
  
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• Billions are sloshing through the solar industry. It has attracted 'cowboys' looking to game the system

  04-10-2024 21:36 via abc.net.au
  
  Solar businesses across the country are owed millions of dollars for work they have done as part of Australia's flagship green power scheme. But it's not customers owing them money. It's the middlemen, sitting at the heart of the financial plumbing behind it. 
  
  Read more

• Hope a rate cut could be on the way as Aussies continue to cut down on costs

  04-10-2024 21:00 via abc.net.au
  
  Australians are increasingly optimistic that cost of living pressures are about to ease and expect to receive an interest rate cut soon, according to new polling.
  
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• Australians optimistic a rate cut could be on the way as the cost of living crisis bites harder

  04-10-2024 21:00 via abc.net.au
  
  Australians are increasingly hopeful that cost of living pressures are about to ease, and expect to receive an interest rate cut soon, according to new polling.
  
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• Residents of this tropical paradise waiting for answers after major employer goes bust

  04-10-2024 09:23 via abc.net.au
  
  Cocos (Keeling) Island residents are told its local co-operative owes millions of dollars to creditors, putting jobs and supplies at risk.
  
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• Collapse of high-profile construction company leaves debt and disruption for major projects

  04-10-2024 08:14 via abc.net.au
  
  The demise of Quasar Constructions has left an estimated $60 million debt and disrupted critical projects including the Western Sydney International Airport, with subcontractors calling on the federal government to protect the struggling construction industry. 
  
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• New Flying Doctor aeromedical training academy ‘really important’ amid global pilot shortage

  04-10-2024 07:06 via abc.net.au
  
  The Royal Flying Doctor Service has opened a $30 million "one-of-a-kind" training facility in regional Queensland to attract more staff to the service.  
  
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• Home brand products are cheaper at the supermarket. But are they good value?

  04-10-2024 06:54 via abc.net.au
  
  It's often cheaper to buy private label or "home brand" groceries. But they're also often more profitable for the supermarkets.
  
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• To fix his teeth Daniel had to raid his super — but there was a very big catch

  04-10-2024 05:43 via abc.net.au
  
  Unable to chew food properly, Daniel withdrew $67,000 from superannuation to fix his teeth. But he didn't realise that tax rules would drain an additional $19,000 from his retirement savings.
  
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• Sawmill wood waste to turn steam into electricity in return to 1950s

  04-10-2024 03:34 via abc.net.au
  
  The owner of one of the largest sawmills in Australia is spending millions of dollars on new equipment to turn steam into more than enough electricity to run the plant and possibly electric trucks into the future.
  
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• Mayor opens fake train station after 18 years of planning purgatory

  04-10-2024 03:06 via abc.net.au
  
  A Queensland mayor has opened a fake train station in a town that has been waiting 18 years for the real one to be built.
  
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• Community forced to buy in bottled water hopes new funds will finally fix town's E. coli-riddled supply

  04-10-2024 02:14 via abc.net.au
  
  The First Nations community of Cherbourg will receive $26 million to upgrade its water infrastructure, after years of substandard supply despite living just three hours' drive from Brisbane.
  
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• Live: Oil up 5pc on Middle East conflict fears, ASX 200 remains near record highs

  04-10-2024 00:04 via abc.net.au
  
  Oil prices have surged amid fears of a broadening conflict in the Middle East and the ASX 200 remains near record highs, with Wall Street falling in the last trading day for the week. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Crude oil prices jump amid fears of Israeli strike on Iranian oil facilities, ASX steady near record highs

  04-10-2024 00:04 via abc.net.au
  
  Oil prices have surged amid fears of a broadening conflict in the Middle East, while the ASX 200 remains near record highs. Follow the day's events and insights on the ABC News live markets blog.
  
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• Live: ASX 200 remains near record highs, Wall Street falls in last trading day for the week

  04-10-2024 00:04 via abc.net.au
  
  The ASX 200 remains near record highs, with Wall Street falling in the last trading day for the week. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Crude oil prices jump amid fears of Israeli strike on Iranian oil facilities, ASX closes lower — as it happened

  04-10-2024 00:04 via abc.net.au
  
  Oil prices have surged amid fears of a broadening conflict in the Middle East, with the Australian share market trading lower. See how the day unfolded on the markets blog.
  
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