The first independent report into the big four firm’s conduct is sceptical about promises of change. Plus: the fastest consultant over 5km comes from PwC.

#kpmg #banned #bleeding

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Hotter-than-expected inflation piles pressure on RBA to raise rates

Business & Economy

2w ago

Hotter-than-expected inflation piles pressure on RBA to raise rates

The underlying rate accelerated to 3.7 per cent in the September quarter, higher than both the market’s and the central bank’s forecasts.

#rastra-bank #rba #inflation

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Let them eat hotdogs! Trump’s grift angers voters as midterms loom

World News

2w ago

Let them eat hotdogs! Trump’s grift angers voters as midterms loom

America’s affordability crisis and corruption are now treated as two sides of the same coin as voters head to the ballot box next week.

#trump #us-midterms

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Star’s $260m money laundering fine puts it on the brink

Business & Economy

2w ago

Star’s $260m money laundering fine puts it on the brink

Judge Cameron Moore said Star’s proposed penalty of $100 million was too low, and AUSTRAC’s proposal of $400 million was too high.

#cameron #moore

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Jarden alleges defectors gave confidential information to Barrenjoey

Business & Economy

2w ago

Jarden alleges defectors gave confidential information to Barrenjoey

Jarden alleges two of its former senior bankers disclosed confidential client information to a rival, escalating an increasingly bitter legal dispute.

#barrenjoey #jarden #alleges

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Australia & Pacific

2w ago

Stephen Anthony

The country is asking if the rising cost of living, falling productivity and competitiveness have been worsened by the people in charge. The simple answer is yes.

#cost-of-living #australia

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Melbourne cancer therapy start-up wins $2b deal with Japan’s Astellas

Australia & Pacific

2w ago

Melbourne cancer therapy start-up wins $2b deal with Japan’s Astellas

A new targeted treatment for cancer tumours developed in Melbourne could be worth billions of dollars if human trials are successful.

#melbourne #japan #astellas

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Stonepeak locks in cornerstones for new $100m debt LIT

Business & Economy

2w ago

Stonepeak locks in cornerstones for new $100m debt LIT

The LIT, set up with a six-year term, is the first of its kind in Australia and hoping to solve the problem of listed funds trading at big discounts to portfolio values.

#lit #stonepeak

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Don’t look now, but the iron ore price has a scary message on China

World News

2w ago

Don’t look now, but the iron ore price has a scary message on China

Analysts see it as yet another bullet point on a growing list of worrying signs about financial markets and the Asian nation’s economy. Pity Jim Chalmers.

#china

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Woolworths piles pressure on Coles with 6.9pc sales growth in Q1

Technology

2w ago

Woolworths piles pressure on Coles with 6.9pc sales growth in Q1

Chief executive Amanda Bardwell says more customers are choosing the supermarket first following better pricing and range, and more convenience.

#woolworths #coles #bardwell

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Australia has forgotten what the good life means

Australia & Pacific

2w ago

Australia has forgotten what the good life means

The country is asking if the rising cost of living, falling productivity and competitiveness have been worsened by the people in charge. The simple answer is yes.

#cost-of-living #australia #forgotten

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Mbappe says sorry to China after diplomatic row over Mao joke

World News

2w ago

Mbappe says sorry to China after diplomatic row over Mao joke

Two major food-and-beverage brands cut ties with the France captain after a video circulated online showing the player apparently laughing off internet memes.

#mbappe #china #mao

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