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The Latest Breaking News from John Gunn

Senator alleges 'perception of contamination' as police investigate firm working inside its buildings

The Australian Federal Police has reasserted its ability to effectively investigate a former member of PwC, as the firm completes millions of dollars worth of contracts working alongside AFP staff.

ABC News

PwC in the firing line and AFP drawn in as Senate asks hard questions about conflict-of-interest drama

A Treasury investigation into the impact of a PwC tax expert's use of confidential information — sold to clients seeking to minimise tax — could lead to the firm being referred to the Australian Federal Police, the assistant treasurer warns.

ABC News

Gender pay gap data of large Australian businesses to be published

An embarrassing day is coming for Australian businesses that have a large gender pay gap, with the data from individual organisations to be made public.

ABC News

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Economists say rental price caps are a 'viable' short-term solution to the housing crisis, but some fear it could backfire

Despite increased rental assistance measures in Tuesday's budget, calls to cap rents are growing louder, with economists saying that step has been successful overseas, however, analysts warn it may make the housing crisis worse.

ABC News

Can Labor solve the housing affordability crisis while lucrative property tax breaks exist?

The Parliamentary Budget Office warns phasing out property tax breaks may "trigger a significant economic shock". That's why next week's budget is more focused on increasing the supply of housing rather than trying to make housing affordable by reducing house prices.

ABC News

Tasmania regains top spot as best-performing economy, CommSec's State of the States report says

After one quarter in the sun, Queensland has been knocked off the top of CommSec's State of the States economic rankings, and overtaken by the island state, which now leads on three key indicators.

ABC News

What this week's closure of Liddell power plant means for energy prices and blackouts in NSW

The energy grid has had time to prepare for Friday's closure of power plant Liddell in the Upper Hunter, and some experts say there's still plenty of capacity for coal generation across the state combined with other energy sources.

ABC News

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Australian banks are boring, scrutinised … and safe, says APRA boss

In his first public speech, the chair of bank, insurance and super regulator APRA moves to reassure Australians that our banks are safe amid the recent turmoil on global financial markets.

ABC News

Multiple F45 gyms have collapsed around Australia as the US-listed parent faces possible legal battles with celebrities and investors

F45 has been celebrated as an Aussie success story, but the company now faces multiple lawsuits in the US, a stock price collapse and a growing number of franchises on the market or going bust. Will the fitness empire weather the storm?

ABC News

Deadline for HomeBuilder paperwork extended to June 2025 after calls from applicants

First-time home owners like Michael Thompson, who were feeling the pressure as the deadline for HomeBuilder paperwork approached, react positively to the deadline being extended by two years.

ABC News

Two years after surgery left Emma Dieters an incomplete quadriplegic, she's found new purpose in para surfing

When Emma Dieters went in for surgery to fix neck pain, the mother of two didn't expect to emerge an incomplete quadriplegic. But a chance encounter provided hope through the heartache.

ABC News

Corporate Australia has reported big profits as inflation has soared. Is it profiteering?

Soaring inflation has delivered major profits to big businesses this reporting season, but with consumers spending more, could corporate Australia be accused of profiteering? This is what the experts say.

ABC News

Why racially marginalised women hide their identity by 'code-switching' to act 'white' at work

Racially marginalised women across Australian workplaces say they "act white" to fit in and get ahead, according to a new survey launched ahead of International Women's Day. Many also report still facing racism and sexism.

ABC News

Will the Reserve Bank review achieve anything? What difference could it make to interest rates?

A government-ordered review of the Reserve Bank — the first in more than a generation — is expected to ask searching questions of our key financial institution. The leadership of the central bank, the composition of its board, missed targets and broken promises are all elements under examination.

ABC News

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ABC News

Byron Bay property prices plunge as some regions buck trend, according to CoreLogic data

In a case of what goes up must come down, property prices in Byron Bay have plunged 25 per cent in the past 12 months. But not all regions have fallen. Here's how they performed.

ABC News

Million households 'vulnerable' to rising interest rates, and their cuts could cause recession

A prominent economist now puts the risk of recession at 50 per cent, as households face the prospect of making substantial spending cuts to meet rising home loan repayments.

Nottingham Post

Fresh plans to transform Nottingham's 'horrific 60s lump' after demolition plan

The huge construction has been empty for 20 years

ABC News

About 50kg of nickel goes into each Tesla battery but the world isn't producing enough to keep up with demand

Nickel is a critical metal in batteries, and the world's miners are struggling to keep up with booming demand as consumers switch to renewables.

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news in one place.

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ABC News

Business confidence rises with strong profits, but consumers are getting more pessimistic

Business confidence has risen, but consumer confidence is still deteriorating and economists warn it could be a sign of things to come.

ABC News

APRA warned Albanese government about 'heightened' housing risks as interest rates rise

The banking regulator warned the incoming Albanese government that it would face "heightened" risks in the housing market as interest rates rise, documents released under freedom of information show.

ABC News

Long COVID cases set to grow as more people fall through the cracks of support

Up to 100,000 people could be suffering severe long COVID within the next three months. Another 300,000 people could have some limitations on their daily activities.

ABC News

Afterpay's founders Anthony Eisen and Nick Molnar are Australia's highest-paid CEOs

Afterpay's co-CEOs and founders Anthony Eisen and Nick Molnar are Australia's highest-paid executives, collecting a combined $264.2 million – together they earn more than 2,800 times the full-time average wage.

ABC News

Can we avoid a recession? What we can learn from the Kiwis

New Zealand property prices have fallen every month this year following a series of punishing interest rate hikes that began last October. So far, the hikes have yet to dent inflation.

ABC News

Does Australia need Tasmania to become a multi-billion-dollar 'Battery of the Nation'?

As coal-fired power stations close down, there is a push for the renewables-rich state of Tasmania to become the "Battery of the Nation". The problem is, no one knows who will foot the multi-billion-dollar bill.

ABC News

As fixed mortgages end and rates rise, many risk losing their homes

Almost 40 per cent of Australians with mortgages who have locked in ultra-low fixed interest rates will roll off them as soon as next year, raising fears that more people will default on their loans, creating financial system instability.

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