'The integrity of the firm is gone':Deloitte,KPMG staff angry at pay cuts

'The integrity of the firm is gone':Deloitte,KPMG staff angry at pay cuts

Current and former staff say redundancies were rushed through and pay cuts were unnecessary.

  • byCharlotte Grieve andRichard Baker

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Australians to be $2850 a year worse off without quick vaccine:KPMG

Australians to be $2850 a year worse off without quick vaccine:KPMG

Tough travel restrictions could shave $117 billion off the economy over the next decade,leaving each Australian $2850 a year worse off,unless a vaccine is found and widely distributed within two years,analysts say.

  • byJennifer Duke
Surrender or survive:Businesses face their biggest test yet as stimulus fades

Surrender or survive:Businesses face their biggest test yet as stimulus fades

Businesses big and small now face an uncertain future as support measures begin to fall away and lenders start having"hard conversations"with struggling clients.

  • byDominic Powell andClancy Yeates
Westpac picks KPMG partner Michael Rowland as new finance chief

Westpac picks KPMG partner Michael Rowland as new finance chief

Westpac has hired management consultant Michael Rowland as its next chief financial officer,highlighting his experience in restructuring companies and boosting productivity.

  • byClancy Yeates
Gretel Packer packs artistic punch with philanthropic ways

Gretel Packer packs artistic punch with philanthropic ways

Loyal,determined and generous,a description Gretel Packer is living up to with her pledge to support Sydney's Carriageworks.

  • byAndrew Hornery
Nation faces huge costs if states forced into re-closing economies

Nation faces huge costs if states forced into re-closing economies

Treasurer Josh Frydenberg is warning Australians who flout rules aimed at stopping the coronavirus risk inflicting huge financial costs on the country.

  • byShane Wright
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'He took his first selfie,putting on a funny face and this huge smile. I’d never seen that before'

'He took his first selfie,putting on a funny face and this huge smile. I’d never seen that before'

There were smiles all round – and espresso martinis – when Sarah Lamond went on an Antarctic cruise with her 85-year-old father,Bob. The pair had never spent so much one-on-one time together.

  • byTim Elliott
'Not a lot of places to hide':Volatility to grip markets as coronavirus spreads

'Not a lot of places to hide':Volatility to grip markets as coronavirus spreads

The recent spike in volatility roiling global share markets is tipped to stay,with more big falls expected as the coronavirus continues to spread.

  • bySarah Danckert,Charlotte Grieve andClancy Yeates
Labor to back'sensible'coronavirus stimulus worth billions

Labor to back'sensible'coronavirus stimulus worth billions

As Chris Bowen calls for casual workers to be given unemployment benefits if they are forced to miss work through quarantine.

  • byEryk Bagshaw
Stay or go? Baroness Scotland asked to explain as Commonwealth scandal grows

Stay or go? Baroness Scotland asked to explain as Commonwealth scandal grows

Documents show some staff were raising the alarm about tenders at least four years ago but were either ignored or pushed out of a job.

  • byBevan Shields
Australia slashes funding for Commonwealth over cronyism scandal

Australia slashes funding for Commonwealth over cronyism scandal

Australia has cut nearly $1 million earmarked for the London-based body and will refuse to hand over another $500,000 until problems are fixed.

  • byBevan Shields