david chau

The winners and losers of earnings season and what's next for the economy | The enterprise | ABC News

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The Australian share sector has hit new several record highs since the year began. That’s partly because Australia’s largest companies have been reporting better-than-expected earnings, despite their customers struggling with cost-of-living pressures and higher loan charge rates. David Chau takes a look at the winners and losers this earnings season and the risks around the … Read more

When will the Reserve lender cut borrowing charge rates? | The company | ABC News

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The Reserve lender has left borrowing charge rates on hold at a 12-year high after inflation fell by more than expected towards the end of 2023. It means the cash rate remains at 4.35 per cent. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-02-06/rba-board-keeps-cash-rate-steady-february-2024/103431110 Most economists are predicting a rate cut this year. But the RBA says … Read more

The PwC levy leak scandal explained | The enterprise | ABC News

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The crisis engulfing accounting giant PwC is deepening following revelations it used confidential government information to help patrons to “work around” anti-levy avoidance laws. The Labor senator pursuing PwC for transparency says efforts to discover the truth amount to a cover up. Deborah O’Neill says the appointment by PwC of former Telstra boss Ziggy Switkowski … Read more