The Latest Breaking News from The Department of Finance

'A ban that can be worked around': KPMG gets $22m boost from one department

Staff have approved at least four major KPMG contract variations.

The Canberra Times · Sep 21

California Cites Billions to Cool Prisons, But Won’t Disclose Figures

Gov. Gavin Newsom’s administration has yet to make public the multibillion-dollar cost projection behind its 2024 decision to exempt state prisons from heat safety rules.

Capital & Main · Sep 17

Former deputy mayor and Mamdani nemesis sued to block the city's pied-à-terre tax. The city froze the judge's pause within hours

Randy Mastro has sued the Mamdani administration five times already since leaving office under Mamdani's predecessor Eric Adams.

Fortune · Aug 11

Have you seen the prehistoric looking machines in Canberra's south? This is what they're building

Have you seen those six massive cranes near Parliament House?

The Canberra Times · May 29

'No Company Is Above the Law': Mamdani Cracks Down on Amazon's Pollution, Recovering $9M in Fines

New York City has recovered over £7.1 million in unpaid fines from Amazon for vehicle idling violations as part of the city's commitment to enforcing clean air policies.

International Business Times UK · May 26

Irish economic miracle explained: Why all that glitters isn't gold

Ireland's GDP soared 12.3% in 2025 — but it was a mirage. Pharma multinationals front-loaded €25.4bn of exports to the US in March alone, ahead of Trump's tariffs. Now the first quarter of 2026 sees a contraction.

Euronews · May 4

It took more than a century, but women are taking charge of Australia’s economy – here’s why it matters

For the first time in its 124-year history, Treasury will be led by a woman.

The Conversation · Jun 12, 2025

Looming tariff dispute between US and EU ‘extremely concerning’ – bank governor

Gabriel Makhlouf, governor of the Central Bank of Ireland, said that forecasting in a time of ‘extreme uncertainty’ is challenging.

Evening Standard · Mar 24, 2025

Northern Ireland ‘tied with London for cryptocurrency ownership’

The Stormont Finance committee heard this was according to the latest available figures which date to 2021.

The Independent UK · Nov 20, 2024

Federal spending on social media ads doubles as government seeks ban

Could a cut in government advertising influence the tech giants?

The Canberra Times · Oct 8, 2024