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KPMG Australia

Australia Post to slash hundreds of roles

Australia Post is the latest company to cuts jobs, with 400 roles set to be axed by the end of the financial year.Around 400 roles will be slashed from its Melbourne head office starting at the executive level and will also include general…

Major Aussie company slashes jobs

Australian technology giant Atlassian is the latest casualty of the “tech wreck" sweeping the sector as it announced it was slashing 500 jobs from its global operations.It will see 5 per cent of the company’s workforce impacted and comes…

Freak storm causes chaos in Sydney

A freak storm that ripped through Sydney and Newcastle late on Saturday has left more than 60,000 people without power and caused chaos at a sailing tournament where a boat’s sail was destroyed by the wind and then hurled into the air…

Another Aussie company slashes jobs

One of the big four accounting firms KPMG Australia is set to slash 200 roles after a drop in demand from clients due to worsening economic conditions.The company’s workforce blew out by an extra 20 per cent in 2022 – adding 2000 roles last…

$20 billion black hole looms over Australia

Hundreds of thousands of homeowners on low fixed-rate mortgages that end in the coming year could be hit with as much as $16,500 more a year in interest repayments.There are fears that, along with further interest rate rises from the…