Banking, Accounting and Finance News
New figures suggest growth in living standards will dramatically slow in the coming decade, and actually decline for the country's most disadvantaged people.
UPDATE 15/09: The Oil Search executive board has unanimously rejected Woodside’s proposal, saying it was “highly opportunistic and grossly undervalues the company”.
Assistant Treasurer Josh Frydenberg has suggested that businesses be “levied” to pay for the Australian Securities and Investment Commission, but one local expert says it would be against the public interest.
The royal commission into nuclear fuel cycles has opened in Adelaide, and its first witness has warned that Australia needs to catch up with other countries in combating greenhouse gas.
Future strikes could be averted at the Gorgon liquefied natural gas project on Barrow Island off WA, with reports that unions have reached an agreement with the employer.