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Pesutto brushes off Dutton’s federal takeover talks

That’s a wrap

That’s a wrap for Need to Know this Friday.

Many thanks for reading, here are some of the stories that broke throughout today:

PwC CEO briefs partners on response to tax leaks: PwC Australia chief executive Tom Seymour is not expected to step down.

New Qantas boss eligible for $5.8m in first year: Vanessa Hudson’s base salary is about $400,000 less than what Alan Joyce earned during his first year as chief executive.

Net-zero body to manage ‘wrenching’ demise of fossil fuel era: A national transition authority will help workers, communities and investors manage the shift away from fossil fuels.

Victorian Liberals prepare to expel MP to see off Dutton takeover: Peter Dutton has not ruled out intervening in an escalating row over the suspension of MP Moira Deeming.

RBA slaps down union inflation claims as it warns of more rate rises: The Reserve Bank has rejected union claims that price-gouging companies are driving high inflation, finding “little evidence” for such an argument.

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    Original URL: https://www.afr.com/politics/federal/pwc-boss-under-fire-over-tax-leaks-scandal-20230505-p5d5sz