Banking, Accounting and Finance News
CSIRO has outlined key AI opportunities for Australia.
Debt fixes pushed
The Commonwealth Ombudsman has told agencies to quickly fix thousands of unlawfully miscalculated welfare debts.
Concern over COP leader claims
The president of COP28 says there is “no science” behind calls for a phase-out of fossil fuels.
Combo bill criticised
The Albanese Government has been criticised for combining changes to the Petroleum Resources Rent Tax with a bill to avoid a new PwC scandal.
Hopes pinned to new threat
ASIC is threatening criminal sanctions in its response to the PwC scandal.
Climate loss fund formed
COP28 nations have established a new climate fund that some already see as inadequate.
Crypto draws vast water
New research shows cryptocurrency mining uses a significant amount of water.
ATO pauses debt search
The Australian Tax Office (ATO) has halted its pursuit of historical debts from tens of thousands of taxpayers.
EV tax paying back
Victoria's government will refund $7 million in taxes collected from electric vehicle (EV) owners after the High Court declared the tax unconstitutional.
COVID spending counted
Almost $14 billion was spent on Australia's health system response to COVID-19 up until mid-2022, according to a report from the Australian Institute of Health and Welfare.
Staff gifts slammed
An investigation by the Integrity Commission in Tasmania has revealed public servants accepting gifts, including sports tickets, dinners, and Coles gift cards.
Optus probes seek info
Inquiries are scrutinising the high profile Optus outage that left some without triple-0 access.
Lobbies fear IR spree
Major business lobbies say the Government is trying to rush IR amendments with no consultation ...
"Final" pay deal shakes unions
The latest Australian Government wage deal has sparked union discontent.
Pezzullo swiftly sacked
Prime Minister Anthony Albanese has dismissed Mike Pezzullo, the Secretary of the Department of Home Affairs ...
IEA warns old oil
The IEA says oil producers must shift 50 per cent of investment to clean energy by 2030.