au

Aussie Inclusion in "China Bank" a boost for Business - 26 Mar

The Federal Government's decision to be a part of the Asian Infrastructure Investment Bank is a bold move which encourages long term investment in a growing region which will benefit Australia.




au

Navigating the energy 'trilemma' crucial for Australian power and utilities sector - 20 May

The pace and scale of disruption in the power and utilities sector is happening faster than expected.




au

PwC mentors young leaders from China and Australia on Infrastructure - 28 May

Young leaders from Australia and China are working together to provide creative solutions to issues facing both countries as part of the China Australia Millennial Project (CAMP).




au

By 2017 Most Aussie Deals Covered by Free Trade Agreements - 15 Jun

The Abbott Government's tough negotiations in an effort to seal an Indian Free Trade Agreement (FTA) next year should see 70 per cent of Australia's two-way trade covered by a free trade agreement.




au

Australian entertainment and media industry must 'have a go' to grow - 15 Jun

Australian entertainment and media market is forecast to grow to $43.4 billion by 2019, a compound annual growth rate of 4.2 percent.




au

Australia Improving but far Behind NZ in Leveraging Mature Age Workers - 29 Jun

Australia jumped five places to 15th in OECD rankings for employment of mature age workers.




au

PwC backs Australia’s best young STEM innovators with $20,000 seed funding - 1 Jul

Two young Australian innovators are ready to take their ventures to the next level after sharing in $20,000 in seed funding from PwC during a live pitching event held by the Foundation for Young Australians.




au

PwC Australia announces FY15 full year results - 28 Jul

PwC Australia today announced its full year results to 30 June 2015 with revenue growth of 10.1% to $1.73b, supported by another year of strong profit growth.




au

PwC Legal continues to grow - 11 Aug

PwC Australia welcomes Murray Deakin as a Partner in PwC Australia’s Tax & Legal Practice to drive further growth in their legal team.




au

Small Business can unlock big growth with the internet: PwC & Google report - 17 Aug

Australian small businesses can unlock an additional $49.2 billion in output over the next ten years by making better use of existing technology, PwC analysis commissioned by Google released today shows.




au

Cyber threats keeping Australian insurers up at night - 31 Aug

Cyber risk, political interference, and macro-economic volatility rank among the top sources of anxiety for Australian insurers, according to a joint PwC and Centre for Financial Innovation (CSFI) report released today.




au

Plan to save the sight of 32,000 Indigenous Australians will generate millions - 1 Sep

The eyesight of more than 32,000 Aboriginal and Torres Strait Islander people would be saved if the Government invested just $227 million over 10 years, a new report has found.




au

Australian corporates keen on JVs in China, but barriers remain - 21 Sep

A new PwC survey has found that 70 per cent of major Australian companies are planning to enter new joint ventures or strategic alliances to drive growth from the Chinese market.




au

Regulatory headaches continue for Australian pharma industry - 23 Sep

Regulation, compliance, and price pressure are slowing access to potentially life-saving new medicines, and undermining industry confidence in the current listing process.




au

Australia making progress on carbon, but more work to do - 12 Oct

Australia will need to nearly double its historic rate of decarbonisation, if it is to meet its goal of a 26 percent decrease in carbon emissions.




au

Obesity to affect one-third of Australians and cost $88b by 2025 - 14 Oct

The economic impact of obesity will reach $87.7 billion and affect one-third of Australians by 2025 based on current trends and without further intervention.




au

Australia and its Allies Do More With Less - 15 Oct

As global challenges increase, Australia’s defence budget is growing, while the US and most other allies have been decreasing their defence resources.




au

Australia behind in getting ahead of digital disruption - 20 Oct

Australia lags behind the world's best corporate performers in all ten indicators of digital intelligence needed to drive financial performance.




au

Australia Tops Asian Region for Cyber Security Risks: Report - 21 Oct

The number of detected cyber security incidents in Australia was the highest worldwide in the last 12 months with an increase of 109 percent, compared to a 38.5 percent increase globally.




au

Aussie Mine 2015 Going for Gold - 10 Nov

In Aussie Mine - Going for Gold, we find that companies holding quality gold assets were the shining lights of 2015 with revenues up by 11% and share of mid-tier revenues growing by 5%.




au

Home and away, Australian CEOs bearish on growth - 16 Nov

Australian CEOs are less confident about domestic growth than their regional peers, and less certain of their ability to capture a return in Asia Pacific markets.




au

Violence against women costing Australia $21.7 billion a year - 23 Nov

Violence against women and their children is costing Australia $21.7 billion each year, with Governments carrying more than a third of the cost burden; as shown in the report A high price to pay: the economic case for preventing violence against women.




au

Aussie shareholders lose $8bn from unplanned CEO turnover - 26 Nov

Thirty-five of the ASX 200 companies saw a turnover in Chief Executive Officer (CEO) in 2014, almost 35 percent more than the global average, including 8 unplanned succession events which cost $8 billion in foregone shareholder value




au

Fighting $40bn food fraud to protect food supply - 18 Jan

PwC has joined forces with leading not-for-profit food safety agency SSAFE to develop a new industry tool to help fight food fraud and protect consumers.




au

Make or break year for the future prosperity of Australia - 20 Jan

Australian CEOs are less confident about their companies' growth prospects than a year ago, and less optimistic about growth in the global economy, according to a PwC report released today.




au

Lights out for Australian power deals - 28 Jan

2016 could be the high-water mark for Australian power and renewables deals following a strong year for transactions in 2015, according to PwC's energy, utilities and mining leader Mark Coughlin.




au

PwC Australia appoints Luke Sayers as CEO through to 2020 - 15 Feb

Chairman of the Board of Partners of PwC Australia, Michael Happell, has announced that Luke Sayers will continue as Chief Executive Officer of the Australian firm for a further four years.




au

Australia's Slide on Female Economic Empowerment Continues - 07 Mar

Australia has fallen back to pre-2007 performance on female economic empowerment with one of the biggest annual declines among OECD countries according to PwC's annual Women in Work index.




au

Plebiscite could cost Australian economy $525 million - 14 Mar

A standalone plebiscite with a compulsory vote on marriage equality could cost the Australian economy $525 million according to modelling released by PwC Australia today.




au

Time for Australian oil and gas players to think bigger - 11 Apr

Australian oil and gas companies will need to think bigger and embrace customers in Asia, rapidly evolve their business models, and become much more responsive to emerging trends, if they are to thrive in a challenging new global marketplace.




au

PwC and NAB join forces to help Australian microbusiness - 12 Apr

PwC and NAB have teamed up to help self-employed and microbusiness customers operating in an emerging more flexible economy to manage their GST requirements.




au

The social purpose market in Australia - 28 Apr

Every year Australia spends more than half a trillion dollars on social purpose goods and services directed at health, welfare and education, almost one third of the nation's GDP.




au

Australia a hotspot for economic crime - 16 May

Australian organisations are experiencing a significantly higher rate of economic crime than the rest of the globe according to a PwC survey released today which finds 52 percent experienced economic crime in the last 24 months compared to the global average of 36 percent.




au

Paul Zahra joins PwC as Global Retail Advisor - 24 May

PwC Australia has recruited former CEO and Managing Director of David Jones Limited, Paul Zahra as Global Retail Advisor to add fuel to its growing retail and consumer practice.




au

Who's the fairest of them all? Australian entertainment & media industry needs diversity to grow - 8 June

A lack of diversity in Australia's media and entertainment workforce in terms of ethnicity, gender, age and thinking is dragging on the industry's growth, according to a PwC report released today.




au

AWS launches the $995 Elemental Link for streaming video to its cloud

AWS today announced the launch of the Elemental Link, a small hardware device that makes it easy to connect a live video source to the AWS Elemental Media Live service for broadcast-grade live video processing in the cloud. The $995 Link, which weighs in at less than a pound, is meant to allow Media Live […]




au

EIA forecasts U.S. crude oil production to decline because of low oil prices (4/15/2020)

In the April 2020 update of its Short-Term Energy Outlook (STEO), released on April 7, and before a recently announced agreement by oil producing countries to limit production, the U.S. Energy Information Administration (EIA) forecasts that U.S. crude oil production will average 11.8 million barrels per day (b/d) in 2020, a 4% decline from the 2019 production levels. Crude oil production will average 11.0 million b/d in 2021, a 6% decline from 2020 (Figure 1). If realized, the STEO 2020 production decline would mark the first annual decrease since 2016. The majority of the forecasted production decline occurs between the first and fourth quarters of 2020, dropping from 12.7 million b/d to 11 million b/d (13%) and remaining around that level through 2021. The forecast did not incorporate the April 12 joint announcement by the Organization of the Petroleum Exporting Countries (OPEC) and several other non-OPEC countries to reduce crude oil production. These production reductions may significantly affect global balances and could provide upward price pressure that would affect U.S. crude oil drilling and production. ...




au

WTI crude oil futures prices fell below zero because of low liquidity and limited available storage (4/22/2020)

On Monday, April 20, 2020, New York Mercantile Exchange (NYMEX) West Texas Intermediate (WTI) crude oil front-month futures prices fell below zero dollars per barrel (b)—at one point, trading at -$40.32/b (Figure 1)—and remained below zero for part of the following trading day. Monday marked the first time the price for the WTI futures contract fell below zero since trading began in 1983. Negative prices in commodity markets are very rare, but when they occur they typically indicate high transactions costs and significant infrastructure constraints. In this case, the WTI front-month futures contract was for May 2020 delivery, and the contract was set to expire on April 21, 2020. Unless they have made other arrangements ahead of time, market participants that hold WTI futures contracts to expiration must take physical delivery of WTI crude oil in Cushing, Oklahoma. Typically, most market participants close any futures contracts ahead of expiration through cash settlement in order to avoid taking physical delivery, and only about 1% of contracts are physically settled. The extreme market events of April 20 and April 21 were driven by several factors, including the inability of contract holders to find other market participants to sell the futures contracts. In addition, in this case, the scarcity of available crude oil storage meant several market participants sold their futures contracts at negative prices, in effect paying a counterparty to close out of the contracts. ...




au

Poynter Institute launches WhatsApp chatbot to debunk coronavirus-related hoaxes

You can now debunk thousands of coronavirus-related hoaxes with a few texts on WhatsApp . Poynter Institute, a non-profit organization that supports journalism, today launched a bot on the Facebook -owned service that will allow people across the globe to debunk over 4,000 hoaxes surrounding the pandemic such as whether the infectious disease originated in […]




au

IRL, the calendar app for virtual events, launches a web product

IRL, the recently pivoted calendar app that aggregates live virtual events, has today launched a web version of the platform. The company, which has $11 million in funding from Goodwater Capital, Founders Fund and Floodgate, started as a social planning app that helped folks find each other in the real world, based on interest and […]








au

'Walked all night on tracks, left behind as I couldn't keep up' says Aurangabad tragedy survivor; 16... - Firstpost

  1. 'Walked all night on tracks, left behind as I couldn't keep up' says Aurangabad tragedy survivor; 16...  Firstpost
  2. Sorry, we have run out of all words today  Mumbai Mirror
  3. NHRC issues notice to Maharashtra govt over deaths of migrant workers in Aurangabad train mishap, seeks det...  Zee News
  4. 16 walking home to MP fall asleep on rail tracks, run over in Maharashtra  The Indian Express
  5. Tragedy on tracks  The Indian Express
  6. View Full coverage on Google News





au

Tumblr’s next step forward with Automattic CEO Matt Mullenweg

After months of rumors, Verizon finally sold off Tumblr for a reported $3 million — a fraction of what Yahoo paid for the once mighty blogging service back in 2013. The media conglomerate (which also owns TechCrunch) was clearly never quite sure what to do with the property after gobbling it up as part of […]




au

HuffPost is reportedly on the auction block

Late last night the Financial Times reported that HuffPost, arguably one of the crown jewels of Verizon Media Group’s remaining network of media properties (which includes TechCrunch), is up for sale. Verizon has been shedding media properties in a retreat from the strategy that it had begun to execute with the acquisition of AOL for […]




au

How will coronavirus change the world? — Parlia launches to help you find out

“Is Greta Thunberg a hypocrite?” Google that phrase and you will get thousands of results. It just goes to show that, to a large extent, the “Q&A” model is broken on the internet. Where once Yahoo Answers and Quora were considered the bright young things of Web 2.0’s “Read/Write Web,” today there is only the […]




au

What Surviving a Rocket Explosion Taught This Veteran Entrepreneur About Never Giving Up

The mindset that allows Colin Wayne to push forward in times of crisis.