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The Latest Breaking News from The Department of Finance

Former deputy mayor and Mamdani nemesis sued to block the city's pied-à-terre tax. The city froze the judge's pause within hours

Randy Mastro has sued the Mamdani administration five times already since leaving office under Mamdani's predecessor Eric Adams.

Fortune

New NYC Pied-À-Terre Tax Faces Its First Big Test

There's some confusion swirling over Mayor Mamdani's "second-home tax" on some high-value homes in New York City.

Kiplinger

Mamdani's Searchable Property Database Criticised Over Fears That It Could Put Wealthy Homeowners at Risk

Critics say Mayor Zohran Mamdani's searchable property database could expose wealthy New York homeowners to harassment and security risks.

International Business Times UK

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'No procedure': watchdog defends keeping $3m KPMG contracts amid probe

Partnership loophole leaves watchdog powerless to discipline KPMG.

The Canberra Times

Depts reviewing contracts after scandal-hit firm's accusation of deceptive conduct

Officials reconsidering millions in KPMG contracts.

The Canberra Times

Have you seen the prehistoric looking machines in Canberra's south? This is what they're building

Have you seen those six massive cranes near Parliament House?

The Canberra Times

'No Company Is Above the Law': Mamdani Cracks Down on Amazon's Pollution, Recovering $9M in Fines

New York City has recovered over £7.1 million in unpaid fines from Amazon for vehicle idling violations as part of the city's commitment to enforcing clean air policies.

International Business Times UK

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Irish economic miracle explained: Why all that glitters isn't gold

Ireland's GDP soared 12.3% in 2025 — but it was a mirage. Pharma multinationals front-loaded €25.4bn of exports to the US in March alone, ahead of Trump's tariffs. Now the first quarter of 2026 sees a contraction.

Euronews

It took more than a century, but women are taking charge of Australia’s economy – here’s why it matters

For the first time in its 124-year history, Treasury will be led by a woman.

The Conversation

Looming tariff dispute between US and EU ‘extremely concerning’ – bank governor

Gabriel Makhlouf, governor of the Central Bank of Ireland, said that forecasting in a time of ‘extreme uncertainty’ is challenging.

Evening Standard

Northern Ireland ‘tied with London for cryptocurrency ownership’

The Stormont Finance committee heard this was according to the latest available figures which date to 2021.

The Independent UK

Federal spending on social media ads doubles as government seeks ban

Could a cut in government advertising influence the tech giants?

The Canberra Times

California Inmates Say They Urgently Need Workplace Heat Standards — but the State Has Delayed Adopting Them

Where prisons are located, the way they are built, and the health condition of prisoners means deaths will likely increase with climate change, experts say.

Capital & Main

‘We remain concerned’: Senate inquiry into PwC tax scandal calls for reform, but overuse of consultants will likely continue

The final report of a Senate inquiry kicked off by the PwC scandal has finally been released.

The Conversation

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The Canberra Times

Scheme to defraud govt department rife with 'insider dealing, kickbacks'

Three men conspired to defraud the Department of Finance.

The Canberra Times

Finance has 'appropriate' strategies to deal with property conflicts

Minister asked about Colliers' 2020 conflict of interest.

The Guardian - AU

Lehrmann proceedings day 18 – as it happened

This blog is now closed.

The Canberra Times

How Comcar was seduced by a big German's boot and cabin space

Canberra will be home to a huge fleet of electric BMW Comcars.

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The Guardian - AU

Australia’s taxes ‘inadequate’ for ‘adequate services’, former secretary of finance warns

Michael Keating to call for revenue review at Australia Institute summit as Labor provides update on multinational tax avoidance

The Canberra Times

And just like that, bulk fresh EV charging appears for the precinct

What happens when politicians need somewhere to recharge their Teslas.

Irish Mirror

Michael McGrath appears to tamper Budget expectations following last year's massive giveaway

The Stability Programme Update (SPU) published on Tuesday afternoon predicted a €10bn Budget surplus for 2023. Next year's surplus is calculated at €16bn.

People

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