Elon Musk’s big payday courtesy of Tesla's shareholders | Finance Report | ABC News

Australia's share market closed down on Friday, despite another solid performance on Wall Street overnight as tech stocks drove the S&P500 and Nasdaq to fresh closing highs.

Meanwhile big consultancy firm KPMG is gearing up for job cuts, Elon Musk got a big payday courtesy of Tesla's shareholders, and ASIC demanded extra resources to enforce Australia's corporate laws.

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