Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREInterest rate hikes may send about 200,000 more households into mortgage stress, says analyst
Many homeowners may be forced to tighten their belts after the Reserve Bank of Australia lifted the cash rate by half a percentage point, sending an estimated 200,000 households into mortgage stress.
On Tuesday, the RBA raised the official cash rate 50 basis points to 1.35% – the highest since May 2019.
The RBA governor, Phillip Lowe, said the move was needed to try to curb inflation, after record low rates bolstered the economy, particularly during Covid lockdowns.
Read more at The Guardian
Jim Chalmers warns budget revenue upgrades will be modest but flags...
Treasurer Jim Chalmers will say lower commodity prices and a softening labour market mean this year’s revenue upgrade...
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QANTAS pays women 37% less, Telstra and BHP 20%. Fifty years after...
Men continue to outstrip women in the salary stakes, with men’s median annual salary $11,542 greater than women’s,...
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