Work

KPMG Australia weighs cutting 1,000 jobs after audit scandal
Australia

KPMG Australia weighs cutting 1,000 jobs after audit scandal

KPMG Australia is reviewing its workforce as reports point to about 1,000 job losses and dozens of partner exits, more than 10 per cent of a firm of 8,967 people. Partner profit distributions are expected to fall about 20 per cent, and procurement bans run to 30 September.
8 min read 4 days ago
Qantas payout delayed again for 1,820 sacked workers
Legal

Qantas payout delayed again for 1,820 sacked workers

1,820 former Qantas ground handlers, outsourced out of work in 2020, have still not received a cent of the $120 million compensation fund agreed in December 2024.
6 min read 5 days ago
Government report finds AI not driving mass job cuts
Work

Government report finds AI not driving mass job cuts

A Department of Employment and Workplace Relations report published 8 July 2026 found no significant AI-driven employment disruption in Australia through February 2026.
6 min read a month ago
Victoria Passes World-First Law Giving Workers Two WFH Days a Week
Work

Victoria Passes World-First Law Giving Workers Two WFH Days a Week

From September 1, Victorian employees whose roles can be done remotely will have a legal right to work from home. Small businesses get until July 2027.
5 min read 4 months ago
WNBA Players Approve 5x Salary Cap Increase to $7 Million
Work

WNBA Players Approve 5x Salary Cap Increase to $7 Million

WNBA players unanimously approved a seven-year collective bargaining agreement that increases the salary cap nearly five-fold, from $1.5 million in 2025 to $7 million in 2026. Top salaries will exceed $1 million for the first time.
7 min read 4 months ago
German Inflation Hits 2.8% as Energy Shock Rattles ECB Policy
Work

German Inflation Hits 2.8% as Energy Shock Rattles ECB Policy

Germany's inflation rate jumped to 2.8% in March 2026, up from 1.9% in February, driven by surging energy prices tied to Middle East conflict. The spike reverses months of declining price pressures and forces the European Central Bank to reconsider its monetary policy stance.
8 min read 4 months ago
CFOs Admit AI Layoffs Will Be 9x Higher This Year, But Won't Say Where
AI

CFOs Admit AI Layoffs Will Be 9x Higher This Year, But Won't Say Where

A new Duke-Fed survey reveals companies plan half a million job cuts attributed to AI in 2026. The twist? Most CFOs admit they're seeing zero productivity gains.
8 min read 4 months ago
Saks Global Cuts 1,226 Jobs as Luxury Retail Bankruptcy Deepens
Work

Saks Global Cuts 1,226 Jobs as Luxury Retail Bankruptcy Deepens

Saks Global is cutting 1,226 jobs and closing 15 stores by May as it restructures $3.4 billion in debt. Former employees who were laid off in December had their severance payments suspended due to bankruptcy law, leaving many without expected income or health insurance.
7 min read 4 months ago
Australia Housing Supply Improves but Demand Remains Strong Amid Population Growth
Work

Australia Housing Supply Improves but Demand Remains Strong Amid Population Growth

New construction activity lifts housing stock, but immigration-driven demand continues to outpace supply in major cities.
4 min read 4 months ago
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