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PEAK accounting body CPA Australia wants to increase pathways into the profession and the universities are not happy. But while this looks like an arcane argument over accreditation, it involves broader questions of how national qualifications are assessed in a global education market and whether people will always pay for an expensive education when lower-cost options are on offer. At the heart of the dispute between CPA and the Accounting and Finance Association, representing trans-Tasman academics, is the professional body's plan to offer its own study material and exams designed to assess an individual's technical knowledge, gained on the job or through study. http://www.theaustralian.com.au/higher-education/accounting-changes-add-up-to-turf-war/story-e6frgcjx-1225766141214

Accounting changes add up to turf war | The Australian

Atsushi Nakashima, Hiroko Koshino and other designers are showing new collections at Mercedes-Benz Fashion Week in Tokyo. Here's a look at what's on the runway. After decades of small-scale farming on unused land in Singapore, government authorities have stepped in, and the future of the farm is now in doubt.

Asia Edition - Wall Street Journal

http://asia.wsj.com/home-page
http://mashable.com/ Tech Sometimes, you may just want to listen to your music in peace, without being interrupted by passers-by or visually intrusive ads, technology and surrounding events. That’s…

Social Media News and Web Tips – Mashable – The Social Media Gui

http://www.businessspectator.com.au/

Business Spectator

The role of the RBA has become more acute in recent decades as private debt rises, but the amount of moving economic pieces needing consideration for each rates decision is increasing while the board is becoming less independent. As Gunns agonises over financing for the mill it has staked its future on, new Brazilian and Chinese players threaten to create a global pulp market glut. How far behind schedule NBN Co has fallen isn’t yet clear, but the delays could have real political significance if lower returns force NBN costs to be included in the federal budget.
The Wall Street firm, which was publicly criticized a few weeks ago by one of its own for running roughshod over the interests of clients – dubbed “muppets” in internal speak – in the pursuit of profit, has now pulled off what looks like the trade of the year. But this one comes at the expense of its own shareholders. Commentary http://www.reuters.com/

Reuters

The Australian, News from Australia's National Newspaper

Super shifts to tax frontline Annabel Hepworth and Matthew Franklin BIG business has slammed the prospect of being stripped of corporate tax cuts but still being forced to pay higher employer super levies. Matthew Denholm, Tasmania correspondent KEVIN Rudd has privately confessed that he got his Kevins mixed up when he publicly attacked Kevin Harkins, sabotaging his political career. Sid Maher STEPHEN Smith used a taxpayer-funded aircraft to travel from Dili, in East Timor, to Brisbane where he watched his daughter play hockey. Staff reporters AN urgent investigation has been launched into the sudden death of four endangered white rhinoceroses at Taronga Western Plains Zoo in New South Wales. http://www.theaustralian.com.au/
http://www.tradingroom.com.au/apps/index.ac

Trading Room

AAP 10:27AM NEW YORK:Abbott Labs 61.30, Abercrombie 49.92, Adobe Systems 33.59, Advanced Micro 7.87, Advantest Corp 15.62, Aetna Inc 49.62, AFLAC Inc 44.80, AK Steel 7.22, Alcatel-Lucent 2.15,... AAP 05:48AM The Dow Jones Industrial Average is DOWN 14.61 points at 13060.14 in late trading in New York, while the Standard & Poor's 500 index is 0.88 points LOWER at 1398.08.
In today's pictures, a U.S. service member is buried at Arlington National Cemetery, a boy plays in the mud in Myanmar, Peyton Manning joins the Denver Broncos, and more. Britain's Queen Elizabeth II reaffirmed her dedication to serve in an address to Parliament Tuesday marking her six decades on the throne. A fresh wave of sanctions that is feeding panic in Iran's economy is also hitting businesses in NATO-ally Turkey, upending a boom in bilateral trade that was underpinned by improving diplomatic ties. This five-bedroom property, believed to date back to 1860, has been restored to a family home after being subdivided into apartments for many years. http://europe.wsj.com/home-page

The Wall Street Journal - WSJ.com

http://www.morningstar.com.au/ Thinking outside the top 100 30/04/2012 | 2:33 PM While the typical Australian equities portfolio is concentrated in a very small number of industries, it may be prudent for investors to diversify their exposure to include companies outside the top 100.

Morningstar Australia

CNBC.com

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