Anthony Albanese has been grilled about his salary ahead of his payrise on Monday. The Prime Minister’s salary will tick over $600,000 , reaching a new height for our elected leader’s pay packet. He was questioned about the salary, which is about nine times the median Australian wage, while onContinue Reading
A KPMG associate director accused of “headbutting” a builder who was renovating his $2.3m property has had the charge against him dismissed. Daniel Dunkley, 45, faced Downing Centre Local Court on Friday charged with common assault over the incident on Wednesday, August 24, 2022. The alleged victim, Alexander Houlton, wasContinue Reading
On October 14, Australians will cast their votes on a proposed new Voice to Parliament — but all of the nation’s top 20 public companies have already had their say. Of the top 20 businesses listed on the Australian Securities Exchange (ASX), a whopping 65 per cent have thrown theirContinue Reading
Energy stocks powered ahead amid the local share market’s worst performing day so far in September on a new set of weak GDP numbers. After a negative lead from Wall Street, the S & P/ASX 200 closed 0.8 per cent lower, shredding 57.2 points to close at 7.257.1 points atContinue Reading
Concerns about the health of China’s economy has spooked the Australian share market, which has started off the week with a loss, closing at its lowest level in weeks. The ASX200 closed lower on Monday, dropping by 63.10 points or 0.86 per cent to 7,277.00, its lowest close in 20Continue Reading
Australia’s share market has had a depressing end to the week, slumping by over half a percentage point after two record-high days. The ASX200 closed lower on Friday, dropping 52.30 points or 0.70 per cent to 7,403.60. The fall came after two consecutive days where a new 100-day high wasContinue Reading
The Australian share market has continued its winning streak, topping its 100-day high only set one day ago. The S&P/ASX200 closed up Thursday, gaining 53.90 points or 0.73 per cent to 7,455.90, beating Wednesday’s already impressive figures. The market galloped out of the gate after opening, retaining its momentum forContinue Reading
One of Australia’s most profitable firms has been forced to reveal what it pays its partners and the numbers are honestly eye-watering. Top four accounting firm PricewaterhouseCoopers, better known by its abbreviation PwC, is a business run as a partnership, rather than a proprietary limited company, which means all theContinue Reading
Australian shares have ended on a high for the second day in a row thanks to strong gains by oil and mining stocks. The benchmark ASX 200 index gained by 26.8 points, or 0.4 per cent, to finish the session at 7135.7. Wednesday’s positive result continued on from Tuesday’s reboundContinue Reading
The man in charge of Macquarie Group’s commodities arm has received a massive boost to his pay. Macquarie had an extremely profitable year trading oil, gas and electricity and its net profit rose 54 per cent, the Financial Times reports. As a result Macquarie’s head of commodities and global marketsContinue Reading