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The 10 most important things in the world right now

Tuesday 12 June 2018

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The 10 most important things in the world right now

Hello! Here's what's happening on Monday.
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Australian auction clearance rates continue to plummet

This is despite a sharp reduction in properties going under the hammer. 
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PwC has acquired key partners and staff from insolvency specialist PPB Advisory

The 22 new partners and the majority of PPB staff will join PwC from August this year.
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Blue Sky has slashed the value of its fee-earning assets under management

The restructure will cut $59.4 million from full year net profit after tax.
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Report finds risk of 'unintended consequences' in Labor's negative gearing changes with house prices now in decline

It suggests it could lead to a reduction in new dwelling supply, potentially exacerbating affordability constraints for both potential buyers and renters.
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Beijing's crackdown on overseas investment has hit Australia hard

The drop returns Chinese investment in Australia to 2015 and 2012 levels.
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Foodora is being sued by the employment watchdog for alleged sham contracts

It could dramatically change the local gig economy business model. 

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