Ian Verrender News Today

RBA Governor Michele Bullock knows that excessive rate rises historically cause a recession and it’s why she shouldn’t even think of more rises.

Nightlife has everything you need to get you through the night.

It has been galling to see that PwC executives' sharing of confidential information — notably tax policies — will not lead to them spending time in a prison cell. Binoy Kampark argues ATO whistle blower Richard Boyle's treatment could hardly be more different. 

Treasury officials are fronting Senate Estimates to answer questions about why action was not taken any earlier against PwC for leaking confidential information, while the Australian share market has begun its day relatively flat.

This year has been particularly eventful for PwC, notably in connection with its relationship with one of its most valuable clients: the Australian Commonwealth.

When Senate Estimates this week turned its basilisk stare upon the trembling, corpulent form of PwC Australia, there was a definite "fistfight in the chess club" energy, writes Annabel Crabb.

Things are not looking up at PricewaterhouseCoopers (PwC), a global professional services firm piratically free in sharing confidential tax information gathered from government clients. Then again, the firm’s expertise is not so much to look up ...

Will see no PwC employee or member of management spend time mournfully gazing from a prison cell

The Australian share market is likely to start its day relatively flat, after modest overnight gains on Wall Street amid concerns about a slowing US economy and wavering optimism over a debt ceiling deal in Washington.

Jim Chalmers has delivered Australia's first budget surplus in 15 years, and with inflation tipped to drop and wages rising sooner than we'd expected, things seem to be looking up.  Today, in a special episode from inside the Treasury lock-up, the ABC's business editor, Ian Verrender, explains what the budget papers tell us about the cost of living crisis in the months ahead.  Featured:  Ian Verrender, ABC business editor