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World's richest billionaires lose $1.4 trillion in worst half ever


The market is pricing in the Reserve Bank of Australia to have a cash rate of 3% by year end, rising to 3.5% by April next year.


PwC has put a partner on leave over allegations that include threatening a former staff member in a phone call and attending male-only PwC events where female PwC personnel were rated on their attractiveness.

 

Millions of superannuation fund members across Australia are facing their first negative returns since the Global Financial Crisis, with estimates of the potential dip in retirement savings as high as 5%.


Thousands of Australian companies collapsed in the last financial year marked by a string of high profile construction company insolvencies. With interest rates and inflation on the rise there are expectations of a wave of failures 



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