Tax fines jump 10,000% in huge ‘crackdown’
As the fallout from the PwC scandal continues, the federal government has announced a raft of major changes in response to tax misconduct.
Technology
Aussie bank’s gamechanging new move
Australians wanting to break free from streaming services will be given even greater freedom with a new banking feature,
ASX dips at start of week
Share prices in the mining sector have plummeted on Monday, triggered by the declining price of one product.
Tech giant’s Aussie job cuts
Dozens of Australian workers have been made redundant by a tech giant just months after more than 10,000 jobs were cut.
Aussie tech billionaire splits from wife
An Australian tech billionaire worth $19 billion has reportedly split from his wife after 13 years of marriage.
Another sign Aussies are doing it tough
In more troubling signs for the economy, Australians are spending less in this area, with cracks forming in the digital economy.
Woman’s rant about $50 note goes viral
A Melbourne woman’s rant to her local newspaper about the dangers of moving to a cashless society has resonated with thousands of Aussies online.
India’s most valuable start-up is in crisis
The tech giant promises it will release its financial results after half its board quit, 3000 employees were laid off and its offices were raided.
Business sells for $1, new CEO from Singapore
PwC Australia has appointed a new boss and made a shock $1 decision as it attempts to stem the fallout from the tax leak fiasco.
Westpac reveals major card update
One major bank has unveiled a major update on its credit and debit cards that’s intended to help one group manage their money.
Weird habit of Aussie worth $100m
From skydiving to journaling, one of Australia’s richest young entrepreneurs has revealed his secrets to growing a multimillion-dollar business.
Scam that could cost you thousands
A huge bank has warned its customers to be on the lookout for a scam that could drain their accounts.
Telcos named and shamed over scam texts
Industry watchdog has taken action against three telcos that allowed scam texts to be sent to clients.
Google surges by $82 billion overnight
Google’s share price has surged by A$82 billion overnight after a single announcement that sent the stock market into overdrive.
Company that raised $54m collapses
It counted fashion brand Alexander McQueen and car maker Ford as customers but the Aussie outfit said it was not a “cash-burning start-up”.
Urgent warning issued to Aussies over tax
Australians are being warned to be vigilant over the next few months as the end of the financial year increases the risk of being scammed.
Aussies warned about scammers next month
Australians are being warned to be vigilant over the next few months as scammers are expected to be out in force.
New move to protect personal data
The federal government has announced a new commissioner as it seeks to improve privacy laws following devastating data breaches.
How telcos ‘let down’ customers
A new report has outlined how telcos, including Telstra and Optus, “continue to let down” millions of customers.
Australia Post’s grim future laid bare
The chief executive of Australia Post has revealed the extreme challenges that lie ahead as the organisation struggles to turn a profit.
Musk’s strange change to Twitter HQ sign
Twitter owner Elon Musk has made a very strange change to the signage outside the company’s San Francisco headquarters.
RBA sounds alarm on phone wallets
The Reserve Bank has sounded the alarm on digital wallets such as Apple Pay as it warns change is needed to stop business owners from losing money.
Elon’s bleak $20 billion Twitter update
Elon Musk has revealed Twitter is now worth less than what he paid for it, according to a leaked email he sent staff.
Billionaire opens up on major life change
Australia’s youngest billionaire – who rarely posts on social media – has shared a rare slice of her private life after a major change.
Cost of living causes ‘credit card crisis’
Australians are reaching for their credit cards to make ends meet at frightening rates, with experts now ringing alarm bells on personal finances.
Major firm slashes valuation by $45b
A business that boasts clients including Amazon and Google and was the darling of the tech world has suffered a huge drop in its valuation.
Grim warning: change needed for economy
The Treasurer wants to modernise how the nation’s productivity is recorded, as new report shows it is at the lowest rate in decades.
Hundreds of jobs cut by NBN
The National Broadband Network will slash 500 jobs by June, with “all business units” to be affected by the changes.
‘Spiralled’: Woman’s buy now, pay later hell
A single mother has revealed the dangers associated with buy now, pay later services as the government is urged to beef-up rules for the sector.
Major Aussie company slashes jobs
A well-known tech player that is valued at $66 billion and was recently recruiting for more than 1000 roles has abruptly announced job cuts.
Original URL: https://www.news.com.au/finance/business/technology/page/7