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Australia politics live: PM defends Treasury prediction that house prices will continue to rise despite tax reforms

politics

Two Ernst and Young employees have been fired and charged after using Commonwealth Bank systems to access Prime Minister Anthony Albanese's personal financial details without authorization. The Prime Minister described the breach as alarming, stressing that unauthorized access to anyone's privacy—especially by outside contractors—is unacceptable. According to The Guardian's coverage, the incident reflects a broader crisis at major accounting firms. Albanese noted that KPMG and other Big Four firms have engaged in unacceptable and sometimes illegal behavior, prompting the government to accelerate accountability measures.

Source: https://www.theguardian.com/australia-news/live/2026/jul/...

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