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KPMG Cuts 500 Staff, Spares Audit Team Amid Scandal Fallout
KPMG Australia axes 500 staff including 50 partners after audit scandal. Audit division spared despite being central to misconduct. Treasury considers breaking up Big Four.
Kalgoorlie-Boulder Property Prices Surge 6.4% as Regional WA Outpaces Nation
Kalgoorlie-Boulder records 6.4% annual property price growth, second only to Port Pirie nationally. Regional WA averages 2.1% growth, outpacing capital cities as investors and first-home buyers compete.
Great Western Highway Reopens Q2 2027 After $200M Federal-State Funding Boost
Federal and NSW governments commit $200 million to rebuild Great Western Highway at Victoria Pass, with reopening targeted for Q2 2027 and a new overtaking lane to follow.
Migros Bank’s Private Client Chief Markus Schawalder Steps Down August 19
Migros Bank’s private client head Markus Schawalder departs after five years leading the division. The bank begins search for successor as mortgage growth slows.
Anant Ambani Airlifts Teen With Rare Water Condition to Mumbai Hospital, August 19
Anant Ambani arranges medical airlift for Murshidabad teenager Iqbal, who spent months living in ponds due to rare condition. Boy now in Mumbai hospital for specialist care.
Peltola Leads Alaska Senate Primary; Sullivan Faces Namesake on November Ballot
Mary Peltola led Alaska’s Senate primary with 46.8% of the vote, advancing to face incumbent Dan Sullivan (44.4%) in November. A retired teacher also named Dan Sullivan qualified for the general ballot.
Singapore Halts Construction Waste Exports to Johor With Immediate Effect
Singapore’s NEA halts construction waste exports to Johor after illegal dumping allegations. Nine Malaysian firms under investigation; penalties up to 100,000 ringgit and five years prison.
FTSE 100: Index Rises 0.06% as Rio Tinto, Anglo American Lead Mining Rally Despite UK Inflation Hitting 2.9%
The FTSE 100 edged 0.06% higher on Wednesday, August 19, 2026, as mining stocks helped support London shares despite fresh inflation concerns. Rio Tinto and Anglo American were among the stronger performers on the index. At the same time, UK inflation rose to 2.9% in July, up from 2.6% in June, with higher energy costs…
Japan’s Defense Minister Visits Australia and India for Missile Testing Talks, August 19
Japan’s Defense Minister Shinjiro Koizumi visits Australia and India to agree on SDF missile testing on Australian ranges and discuss Mogami-class frigate exports, strengthening Indo-Pacific defense ties.