Similar articles from News
The Guardian | 6/24/2018
At a time when journalists have never been more needed to explain the complexities of an increasingly integrated world, they have never been more under threat: jailed in increasing numbers by some of the more authoritarian administrations, threatened with prosecution in the countries which have democratic governments.
There is a real possibility that the overreach of national security laws in the west will damage the very commodity that heightened internet surveillance is supposedly designed to protect: security and liberty.
The SMH | 6/24/2018
Commonwealth Bank of Australia plans to demerge its wealth management and mortgage broking businesses, CFS Group, and undertake a strategic review of its general insurance business, including a potential sale.
CFS Group will include CBA’s Colonial First State, Colonial First State Global Asset Management (CFSGAM), Count Financial, Financial Wisdom and Aussie Home Loans businesses.
News of the spin-off came as chief executive Matt Comyn also announced six appointments and changes to his leadership team.
The Age | 6/19/2018
Labor’s declaration that it won’t vote for stage two and stage three of the Coalition’s tax plan has suddenly made the choice at the next election clear.
But whether you are better off under Labor or the Coalition after that election depends on how far out you look.
Labor is making no commitments beyond 2019. The Coalition’s tax cuts have two further stages, in 2022 and 2024. Stage two is directed at taxpayers earning more than $90,000 and stage three at taxpayers earning more than $120,000.
The Age | 6/19/2018
Telstra CEO Andy Penn has announced a drastic plan to cut costs at the struggling carrier, including a reduction of 8,000 jobs from its workforce, about a quarter of its total headcount.
As part of a new strategy dubbed 'Telstra 2022', the company said it would increase its cost cutting target from $1 billion to $2.5 billion over the next four years.
Between two and four layers of middle management layers would be eliminated, it said.
Telstra has just over 32,000 employees so the job cuts could affect about one quarter of its workforce.
AFR | 6/19/2018
The letter arrived without warning in the mailboxes of almost two dozen senior partners of PwC Australia, including chief executive Luke Sayers, late last year.
Sent anonymously, the missive outlined what the author or authors described as ongoing tolerance of inappropriate behaviour at the big four accounting and consulting firm. It outlined alleged partner conduct at the firm including sexual harassment, bullying and extramarital affairs.