A major tax shake-up proposed by the Productivity Commission would slash bills for the majority of Australian businesses but has attracted criticism from the big end of town.
Jim Chalmers has been accused of rushing his contentious superannuation reforms, with an industry body warning the short consultation period ‘makes it difficult to identify unintended consequences’.
A third of ANZ shareholders have voted against its remuneration report, making it the first Big Four bank since Westpac in 2019 to suffer a second strike. New CEO Nuno Matos is forgoing short-term bonuses.
A damning report into an outage at Optus — which cut off access to triple-0 services and was linked to two deaths — has exposed a raft of internal problems at the telco.