Australian Public Service Wages Jump 3.4%
New data reveals Australian public servants are enjoying their fastest wage growth in 15 years, outstripping private sector increases and raising questions about economic fairness.
Category : Search result: resource sector regulation
Australia's Critical Minerals Deal: Taxpayer Trap?
An in-depth analysis reveals why Australia's landmark critical minerals agreement with the Trump administration could become a massive financial burden for Australian taxpayers, with experts warning of overstated benefits and hidden risks.
US Regional Bank Stocks Crash Amid Renewed Crisis Fears
American regional banks face renewed turmoil as NYCB's financial warning triggers sector-wide selloff, raising fears of another banking crisis and Federal Reserve intervention.
Adani Denies Below-Market Coal Sales Costing Queensland Millions
Mining giant Adani denies explosive allegations it sold coal below market value, potentially costing Queensland hundreds of millions in lost royalties amid growing scrutiny of resource sector practices.
100+ financial firms move operations abroad post-Brexit
Exclusive: Britain's financial watchdog reveals over 100 companies have moved operations overseas following Brexit, with Dublin and Luxembourg emerging as top destinations for relocating City firms.
Google faces UK regulatory overhaul after watchdog decision
The UK's competition watchdog has designated Google with special status, potentially forcing significant changes to how the tech giant operates its search engine for British users.
Bank of England warns Google, Microsoft over AI risks
The Bank of England issues stark warning to Silicon Valley giants over 'black box' AI systems threatening financial stability. Governor Andrew Bailey demands urgent transparency improvements.
Solicitors face crackdown over money laundering failures
The National Crime Agency launches major investigation into law firms suspected of enabling money laundering, as legal watchdog reveals widespread compliance failures across the profession.
UK Economy Stagnates as Construction Output Plummets
Britain's economic recovery hits a wall as construction output plummets 1.9% in April, wiping out service sector gains and raising Budget concerns for the Chancellor.
Labour unveils pay boost and reform for England's care sector
The Labour government announces transformative plans to tackle England's care crisis with significant pay increases and a new national negotiating body, marking the biggest reform in decades.
Private sector jobs surge past pre-pandemic peak
Exclusive analysis of ONS figures shows a dramatic jobs market reversal, with private sector employment hitting a record high as the public sector workforce contracts for the ninth consecutive quarter.
Ofcom Enforces Online Safety Act on Porn Sites
UK regulator Ofcom launches a major campaign to ensure pornography websites comply with the new Online Safety Act, enforcing strict age verification to protect minors from harmful content.
CMA Launches Probe into Nationwide-Virgin Money Merger
The UK's Competition and Markets Authority has initiated a formal 'phase 1' investigation into the proposed £2.9 billion acquisition of Virgin Money by Nationwide Building Society, scrutinising potential impacts on consumer choice and competition.
UK Economy Stagnates with 0.0% GDP Growth in April
New ONS data reveals zero growth in April 2024, dashing hopes of a post-recession rebound. The services sector stalled while production fell, putting pressure on the next government.
BOE Governor: EU Rules Pose Material Risk to UK Stability
Andrew Bailey cautions that Brussels' post-Brexit financial regulations could create 'material risk' for the UK, urging for greater cooperation to prevent market fragmentation.
Starmer's AI Power Play: UK Targets Tech Dominance with Nvidia
Prime Minister Keir Starmer launches ambitious plan to position Britain as a global AI superpower, holding crucial talks with tech titans Nvidia and Microsoft to secure investment and challenge US supremacy.
France paralysed by mass strikes over austerity budget
Hundreds of thousands of workers bring France to a standstill in a massive day of strikes and demonstrations, demanding Prime Minister Gabriel Attal scraps deep public spending cuts.
Bill Gates' Climate Crisis Paradox: Funding Both Sides
An in-depth investigation reveals how Bill Gates' vast investments simultaneously fund renewable energy solutions and fossil fuel expansion, creating a contentious dual role in the climate crisis debate.
France braces for nationwide general strike this Thursday
France faces major disruption as public sector unions call a general strike on Thursday 13th February, protesting against austerity measures and demanding better pay and conditions.
Asian Markets Tumble on US Fed Rate Fears
Asian stock markets plunged sharply as fears of prolonged high US interest rates triggered a global sell-off. The Bank of Japan's intervention and regional banking concerns amplify the financial turmoil.
$30bn Santos Takeover Collapses After Abu Dhabi Exit
A massive $30bn acquisition of Australian energy giant Santos by an Abu Dhabi-led consortium has been abruptly terminated, sending shockwaves through global energy markets and raising questions about the future of fossil fuel investments.
Australia's 2035 Climate Target Sparks Political Firestorm
Australia's Labor government faces intense scrutiny over its ambitious 2035 emissions reduction target of 65%, as Opposition Leader Sussan Ley launches fierce criticism and Energy Minister Chris Bowen defends the crucial climate policy.
Reeves' Tax Raid Backfires: Govt Staffing Hits Record High
Exclusive analysis reveals central government and NHS vacancies hit unprecedented levels despite Labour's promised employment crackdown, raising serious questions about the Chancellor's strategy.
Starmer: I wouldn't appoint Mandelson now
Prime Minister Keir Starmer expresses profound regret over appointing Peter Mandelson to his strategic council, citing a failure to fully grasp the extent of Mandelson's private sector interests at the time.
Police Scotland officers use personal phones for investigations
Exclusive research reveals Police Scotland officers are using personal mobile phones for official duties due to a critical lack of digital resources, raising serious data security and operational concerns.
Trump Proposes Exempting Tips from Federal Income Tax
Ex-President Donald Trump proposes exempting tipped wages from federal income tax, a move that could put thousands of dollars back into the pockets of waiters and bartenders but faces significant legislative hurdles.
Queensland's Mine Rehabilitation Crisis: Who Pays the Bill?
Exclusive investigation reveals Queensland's ticking time bomb as mining giants leave taxpayers facing billions in rehabilitation costs for derelict sites, with prime agricultural land at stake.
Barclays Chief Urges Cap on Public Sector Pay Rises
Barclays CEO C.S. Venkatakrishnan calls for restraint in public sector wage increases to curb inflation, warning of economic consequences without fiscal discipline.
UK Economy Grows 0.4% in May, Exceeding All Forecasts
The UK economy grew by a stronger-than-expected 0.4% in May, according to the Office for National Statistics. Chancellor Rachel Reeves welcomes the data but warns of the 'challenge' inherited from the previous government.
UK Economy Stalls: 0.0% GDP Growth in April
New ONS data reveals the UK economy showed zero growth in April 2024, with a sharp slowdown from the 0.4% expansion in March. The services sector stalled while production fell, putting pressure on the next government.
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