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The Latest Breaking News from Department of Finance

‘A Setup for Disaster’: California Legislation Requiring Companies to Pay for Oil and Gas Well Cleanup in Limbo

The bill, which awaits a decision by Gov. Gavin Newsom, follows ProPublica’s reporting on the multibillion-dollar cost to clean up California’s oil and gas industry and the exodus of major companies shifting ownership of thousands of aging wells.

Capital & Main

Commentary: No, California doesn’t have a population crisis

Californians keep hearing that our state has a population problem: Recent statistics from the Department of Finance show that from July 2021 to July 2022, we lost about 211,000 residents. This, on top of a bigger decline between 2020 and 2021, has reinvigorated talk of an exodus as the state’s…

Los Angeles Times

Finance dept executives 'aided and abetted' alleged fraud conspiracy, court told

They "encouraged" and even directed conduct that resulted in a man being accused of a criminal offence, according to his barrister.

The Canberra Times

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Northern Ireland civil service staff to vote on industrial action

"The action is being forced by a derisory and insulting pay offer from the Department of Finance"

Belfast Live

Belfast Council looks to stop cleaning Queen's Halls of Residences over rates exemption

On waste services councillor says Queen's should "just pay it themselves frankly"

Belfast Live

Irish national debt stands at 44,000 euro per person, figures show

The Department of Finance said that it is one of the highest per capita debt burdens in the world.

The Independent UK

DUP urges Sinn Fein to explain £4m rates exemption for student apartment blocks

It follows concerns that an unresolved tax "loophole" means some student accommodation blocks do not pay rates

Belfast Live

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Australia's Rapid Antigen Test stockpile poses headache for states as expiry dates loom

In the past year alone, Australia has purchased enough Rapid Antigen Tests for everyone to get 22 each — millions of which are about to expire, prompting calls for free giveaways for all.

ABC News

'A really complicated move': How Labor is cracking down on wasteful APS contracting

Senator Katy Gallagher said the People Panel would cut red tape for the public sector and reduce waste.

The Canberra Times

Nipsa union brands Northern Ireland civil service pay offer an insult

The Department of Finance has offered a pay increase of £552, less than 2% of the average salary

Birmingham Post

Bike lane law makes it easier to ticket, tow drivers blocking paths. Supporters say it will save lives

The city ordinance, passed Wednesday, raises the fine to $250 for blocking a bike lane. It also requires signs to be posted warning that a bike lane is closed.

Chicago Sun-Times

Irish pubs facing closure amid energy crisis after being left out of new scheme

'The exclusion of 1,500 pubs simply because they heat their pubs using kerosene and LPG gas is discriminatory'

Irish Mirror

Interest rate hikes by European Central Bank were 'positive for Irish banks'

Department of Finance documents show officials said investor appetite for AIB had increased 'notwithstanding lingering concerns' of a recession coming in Europe

Irish Mirror

Stormont caretaker ministers spent £435m which accounting officials refused to endorse

It emerges amid warnings of a multi-million-pound "black hole" in Stormont's finances as the UK government moves to set a budget

Belfast Live

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ABC News

Two men who conspired to manipulate recruitment processes at Department of Finance avoid jail

Alex El-Debel and Raminder Kahlon are both spared time behind bars after being found guilty of conspiring to dishonestly obtain a benefit from the Commonwealth.

ABC News

Jim Chalmers says the Coalition is responsible for $1 trillion of debt in the federal budget. Is that correct?

Treasurer Jim Chalmers says the budget is "heaving with a trillion dollars in Liberal Party debt". Is that correct? RMIT ABC Fact Check investigates.

Belfast Live

DUP's Edwin Poots renaming department HQ for Queen's jubilee 'required referral to Executive'

The Agriculture Minister was told a referral to the Executive was "required" as the matter was "likely to be considered controversial"

Chicago Sun-Times

Parking tickets surge by 25.7%

Booting, however, is headed in the opposite direction. It’s down 12.6% — from 27,656 of the wheel-locking devices applied through June 30 of 2021 to just 24,158 vehicles booted during the same period this year.

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The Canberra Times

Diesel cars get the flick in Fed govt's electric vehicle transition

Federal government pushes ahead with changing its fleet to electric vehicles

Belfast Live

Review proposes Stormont policy change after row over Queen's Platinum Jubilee tree

The audit followed criticism from unionists over a refusal to plant the tree in the Stormont estate

Belfast Live

Brendan Hughes: Stormont funding pressures piling up in absence of Executive

The UK government may not have stepped into the breach this time, but no action is increasingly not an option

Belfast Live

Stormont departments get legal approval for 'contingency arrangements' in absence of budget

The Department of Finance said the move provides "legal cover" but departments "will still not have the certainty that an agreed budget would provide"

Irish Mirror

Government could cut excise duty of beer and wine to help cost of living crisis

The plan is one of a number of options in the Tax Strategy Report, prepared by economists at the Department of Finance for minister Paschal Donohoe.

Irish Mirror

Government gold stocks double in a year as Government 'diversifies' amid inflation, Covid and Ukraine-Russia war

The Central Bank is 'diversifying' its national portfolio and is piling up the precious metal

ABC News

Canberra men found guilty of conspiring to manipulate recruitment processes for IT staff in the Department of Finance

Two Canberra men are found to have conspired to dishonestly obtain a benefit from the Commonwealth through manipulation of the recruitment process for IT staff in the Department of Finance.

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