NSW Treasurer Andrew Constance with the 2014 budget. An economic analysis has found electricity revenues have been crucial to keeping the NSW budget in surplus in recent years. Paul Miller/AAP

Power privatisation is bad for the NSW budget bottom line

We found that without state-owned electricity revenues, the NSW Coalition government would have struggled to avoid recording deficits in every budget since its election in 2011.
The Coalition’s election promise controversy highlights the fraught nature of accountancy. AAP

Do accountants act in the public interest? Not always

According to the profession’s code of ethics, “a distinguishing mark of the accountancy profession is its acceptance of the responsibility to act in the public interest.” That is, not exclusively to satisfy…

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