One of the Big Four accounting firms, PwC, will extend its ban on political donations to include bodies using indirect means to channel election funding. On Monday, PwC acting chief Kristin Stubbins announced that the consultant giant will scrap its political donation program. She said although the firm always took the utmost care to ensure political donations…
Australian Government Says Recession Won’t Happen Amid Uncertainty in Interest Rate Movements
The Australian government has once again rejected the possibility of the economy falling into a recession following the Reserve Bank’s latest interest rate decision. On July 4, the Reserve Bank of Australia (RBA) announced a pause on its interest rate hiking cycle, effectively maintaining the official cash rate at 4.1 percent throughout the month. Since…
Biometric Data Part of Australia’s Plan to Protect Citizens’ Identity
The Australian government is pushing for the use of biometric data to fight off identity thieves amid recent waves of cyber crimes that rocked the country. In the newly released National Strategy for Identity Resilience, the federal government outlined ten principles to protect the identities of Australians, which all state and territory governments approved. Among…
Minister Katy Gallagher Admits to Prior Knowledge of Higgins Rape Allegations, Denies Misleading Australian Parliament
Finance Minister Katy Gallagher has backflipped on her statement made two years ago that she had no prior knowledge of details surrounding Brittany Higgins’s rape allegation and denied misleading the parliament. Gallagher confirmed that she was made aware of some of the allegations shortly before they were made public but “categorically rejected” accusations that Labor…
Government Have ‘Given Up’ on Fighting Inflation: Deputy Liberal Leader
Deputy Opposition leader Sussan Ley said she believes the government “has given up” on trying to control inflation. “As I listened to the Treasurer yesterday, I felt that the government has given up. There was a shrugging of the shoulders, what more can we do attitude. But absolutely no plan to address the key issue…
Government Has ‘Given Up’ on Fighting Inflation: Deputy Liberal Leader
Deputy Opposition leader Sussan Ley said she believes the government “has given up” on trying to control inflation. “As I listened to the Treasurer yesterday, I felt that the government has given up. There was a shrugging of the shoulders, what more can we do attitude. But absolutely no plan to address the key issue…
Public Sector Offered 10.5 Percent Pay Rise
The federal government has offered Commonwealth public servants a 10.5 percent pay rise over the next three years following negotiations. This is the largest pay rise to be offered to Australian Public Service (APS) employees in more than 10 years and will see public servants get a four percent rise in the first year, 3.5 percent in the…
Australian Government to Focus on Reducing Women’s Economic Disadvantage in May 9 Budget
The Australian government will prioritise narrowing the “economic disadvantage” of women in its upcoming budget by providing more funding for women who are likely to suffer the most under the current economic conditions. Addressing the public ahead of the release of the May 9 budget, Finance and Women’s Minister Katy Gallagher said the budget would…
Huge Aged Care Pay Rises Won’t Worsen Inflation: Australian Government
The Australian government has downplayed concerns that inflation will flare up following the record pay rises for aged care workers. On May 4, the Labor government announced that the upcoming May 9 budget would include a 15 percent pay increase for aged care workers across the country as the Fair Work Commission recommended. The new…
Huge Aged Care Pay Rises Won’t Worsen Inflation, Australian Government Claims
The Australian government has downplayed concerns that inflation will flare up following the record pay rises for aged care workers. On May 4, the Labor government announced that the upcoming May 9 budget would include a 15 percent pay increase for aged care workers across the country as the Fair Work Commission recommended. The new…
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