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Private hospital financial review confirms serious viability issues

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Catholic Health Australia (CHA) welcomes the federal government’s report on the Private Hospital Sector Financial Viability Health Check released today, which confirms the sector is facing serious viability issues.   “This report confirms what we have been saying for a long time — that the private health sector is under severe and unprecedented funding pressure, … Continued

The House hosts My First Speech winners

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The winners of the My First Speech competition will be visiting Canberra next week to have their say. The competition asks students to imagine themselves as a newly elected Member of the House of Representatives. They are tasked with writing a 90 second speech about issues they are passionate about, just like a new Member … Continued

ATO collects $100 billion from large corporates

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The Australian Taxation Office (ATO) has published the tenth annual Corporate tax transparency (CTT) report revealing the ATO received $97.9 billion in income tax from large corporates, up 16.7% from the previous year. ATO Deputy Commissioner Rebecca Saint reflected on another record year of tax paid by large corporates. ‘This is a great result for … Continued

Home building approvals hit 15-month high

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31 October 2024   Building approvals rose by 4.4 per cent in September and 6.3 per cent over the quarter, indicating a recovery in the home building market, according to new ABS figures.   However, Master Builders Australia’s Chief Economist Shane Garrett said there’s still a long way to go to meet the Housing Accord’s … Continued

ACOSS welcomes recommendation to review NACC Robodebt referral decision

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ACOSS welcomes the National Anti-Corruption Commission Inspector Gail Furness SC’s finding released this morning calling on the NACC to appoint an independent, eminent person to review its decision to not investigate the six people referred to it by the Robodebt Royal Commission, as the decision was affected by ‘apprehended bias’.    “The Robodebt scandal harmed … Continued

Inflation moves towards target but builders caution against complacency

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30 October 2024   While annual inflation is back within the Reserve Bank of Australia’s target band for the first time since 2021, Master Builders Australia has warned temporary energy relief and rent assistance measures are masking systemic housing inflationary issues.   The housing crisis continues to put a strain on Australians with new data … Continued

ANNUAL ASIC REPORT FOCUSES ON CRITICAL AUDIT AREAS

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30 October 2024   ANNUAL ASIC REPORT FOCUSES ON CRITICAL AUDIT AREAS Firms of all sizes will benefit from closely reviewing ASIC’s 2024 Audit Inspection Report, says Chartered Accountants ANZ Reporting and Assurance Leader Amir Ghandar FCA, as it’s risk-based methodology delivers valuable insights for auditors on critical areas of concern. “The report clearly emphasises that … Continued

PJCIS hearings on cyber security legislation package

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The Parliamentary Joint Committee on Intelligence and Security (PJCIS) will hold hearings on Thursday and Friday for its inquiry into the Cyber Security Legislative Package 2024. The legislative package consists of the Cyber Security Bill 2024, the Security of Critical Infrastructure and Other Legislation Amendment (Enhanced Response and Prevention) Bill 2024 and the Intelligence Services and Other Legislation Amendment (Cyber Security) Bill … Continued

Appointment of Parliamentary Budget Officer, Sam Reinhardt

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The Presiding Officers are pleased to announce that Ms Sam Reinhardt has been appointed as the Parliamentary Budget Officer. Ms Reinhardt was identified through a merit-based selection process led by the Parliamentary Services Commissioner and has been appointed with the unanimous approval of the Joint Committee of Public Accounts and Audit.   Ms Reinhardt is … Continued

New PLACE to empower local communities around Australia

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The Australian Government has joined with leading philanthropic foundations to support the establishment of a new national centre for place-based work in local communities across Australia. Social Services Minister Amanda Rishworth and Treasurer Jim Chalmers announced Partnerships for Local Action and Community Empowerment (PLACE) this morning at Our Place at the Carlton Learning Precinct, together … Continued