UNSW has been fined $213,120 after a court found it failed for years to keep basic pay records for dozens of casual academics. The Federal Circuit and Family Court ruled on January 14, 2026, that the university’s record-keeping failures affected 63 staff members and prevented the Fair Work Ombudsman from properly investigating underpayment claims. Warnings…
Selecting the best accounting software is undoubtedly an important landmark for any small business owner looking to scale and gain a clear financial overview. It’s 2026, and the field has never been more competitive, with AI-enabled automation on invoicing real-time expense tracking, effortless tax integration. Perhaps you are a single solopreneur who just needs free no-nonsense Wave, or maybe your team is growing and you’re ready to enhance your Googling with QuickBooks or Xero; this guide will showcase the top rated software according to pricing, ease of use, and a round-up of specialized features ranging from tracking miles automagically, importing data bank records seamlessly, to creating invoices on one platform.
China recorded a trade surplus of about $1.2 trillion in 2025 despite tariffs imposed by the Donald Trump administration. Total exports reached $3.77 trillion for the year, up 5.5%, supported by a shift in shipments toward ASEAN countries, Europe, and Africa. Exports to the United States fell 28%, although December exports rose 6.6%. Imports were largely unchanged over the year, reflecting ongoing weakness in the property sector. The imbalance has added to protectionist pressures abroad, as concerns grow that excess industrial capacity is increasing supply in global markets. Overall, the figures point to continued strength in China’s manufacturing sector while placing added strain on existing global trade rules.
The Victorian and Federal governments have announced a $50 million emergency relief package for farmers affected by the January 2026 bushfires. Reducing red tape through Local Disaster Recovery Funds include $40 million in recovery grants of up to $75,000 for clean-up and fencing (while the $10 million in concessional loans to rebuild damaged assets is improved by waiving mortgage security requirements). In a historic crisis for agriculture, the assistance is designed to deliver immediate relief and ongoing recovery support to help Victoria’s primary producers recover.
Tesla is set to mediate with the U.S. Equal Employment Opportunity Commission (EEOC) over a lawsuit accusing the company of widespread racial harassment at its Fremont, California production facility. The talks, planned for early 2026, are aimed at resolving claims that racist graffiti and slurs have appeared in the factory. If discussions break down by June 17, the case goes back to court. This comes after an earlier victory for Tesla last November, when a judge said that 6,000 workers couldn’t all sue as one collective.
OnePlus CEO Pete Lau is accused of illegal poaching by Taiwanese prosecutors, who are seeking his arrest for luring away more than 70 engineers at a secret branch office in Taipei. The report claims the Chinese phonemaker bypassed the Cross-Strait Act by using a Hong Kong shell company to prop up local research operations with a $72 million cash injection. The move is the latest in Taiwan’s escalating crackdown on Chinese “talent poaching” that it says threatens the island’s high-tech industry by unauthorized technology transfers and risks to national security.
Saks Global has secured $1.75 billion in financing ahead of a Chapter 11 bankruptcy filing, including a $1 billion debtor-in-possession loan from Pentwater Capital and Bracebridge Capital. The funding is intended to support ongoing operations at Saks, Neiman Marcus, and Bergdorf Goodman following a merger that left the company with approximately $2.2 billion in debt. The proceeds would be used to pay vendors, replenish inventory, and renegotiate store leases after a slowdown in luxury spending and a series of missed payments. The company is pursuing a court-supervised reorganisation rather than liquidation in order to preserve its core retail brands.
The Prime Minister of Greenland, Jens-Frederik Nielsen today issued a strong denial to President Trump’s annexation proposals by declaring that his people prefer Denmark over the United States. In a high-stakes meeting in Copenhagen, leaders warned that American pressure is “completely unacceptable” and could shatter the NATO alliance. The U.S. covets Greenland’s strategic Arctic location and its melting mineral riches; European allies are banding to protect the sovereignty of the ice-bound island. Now the crisis moves to Washington, in hopes of high-level diplomacy between Danish officials and the Trump administration about the territory’s future.
Today, creating business output in 2026 requires the right digital toolkit. Focusing on key platforms such as Google Gemini, which provide powerful multimodal reasoning for complex data distractions and Grammarly, the number 1 platform in making sure all teams communicate professionally and without errors across the globe. We also dive into Copy. ai, a game-changing solution for automating high performing marketing copy and content creation. With more such types of AI technologies in place, organisations can remove much of the manual work that is involved in ensuring consistent brand voice and accelerate their move to a fully-automated, AI led world.
The US has approved Nvidia’s H200 exports to China on an individual licensing basis, limiting overseas sales to 50% while prioritising domestic supply following the Trump-Xi agreement. The Biden administration has eased earlier restrictions as demand rises, even as Beijing continues to permit only limited, special-purpose imports. Officials say the move is designed to balance competition in advanced AI chips, secure revenue flows, around 25% returning to the US, and protect national security interests.
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