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Related Articles from SNS
PwC cuts partner payouts in China Evergrande fallout
Proceeds from a 2022 disposal will no longer be distributed as firm deals with fines and looming lawsuit
Spaniards now spend half their salary on rent, study finds
A property portal study finds the average share of salary spent on housing has risen 12 points since 2019, with Madrid and Catalonia leading on 70% of pay. The evidence of the housing crisis Spain is facing is plain for all to see. In the rental market, rents have risen by around 30% since 2022, according to the CIS, while new housing construction - PwC data - has been stuck at record lows since 2010, averaging 83,000 homes a year compared with 315,000 on average between 1970 and 2010.
At 7.7%, India's GDP growth in FY26 beats slowdown predictions; but will the momentum continue?
India’s economy continues to defy all growth projections. At 7.8%, India’s GDP growth for the fourth quarter of FY 2025-26 beat all estimates by a wide margin. Retaining its tag of being the fastest growing major economy, India grew at a robust 7.7% in FY26, exhibiting fundamental strength in a quarter that was partially affected by the US-Iran war.
Spain trapped in rental crisis: up to half of wages go on housing
An estate portal study shows the average wage share has risen 12 percentage points since 2019. Madrid and Catalonia, with 70% of pay, top the regional ranking. The evidence of the housing crisis Spain is going through is plain for all to see.
Bullock says RBA will re-tender KPMG whistleblower hotline contract amid scandals
KPMG audits the RBA and runs its whistleblower hotline but maybe not for much longer Fri 5 Jun 2026 at 5:00am In short: The Reserve Bank will re-tender its whistleblower hotline service contract after KPMG has been caught up in a swirl of scandals. Governor Michele Bullock says KPMG, engaged by the Australian National Audit Office, audits the bank's financial statements. The Greens have called on the federal government to ban KPMG from all government contracting work.
Another KPMG leader steps aside amid audit leak scandal fallout
KPMG Australia chief operating officer Eileen Hoggett steps aside as audit leak fallout widens Wed 3 Jun 2026 at 4:32pm In short: Eileen Hoggett's move marks another major change in the firm's leadership team after the chief executive and head of audit resigned last week. Ms Hoggett will return to a full-time audit role as investigations continue. The changes come after publicly aired revelations by a whistleblower that auditors at the firm had misused confidential client documents.