Archived News for Finance Sector Professionals - August, 2014
The independent review of the Renewable Energy Target has been released, proposing a number of suggestions to reduce the cost of the scheme and its impact on the energy market.
Chocolate dollars could be withheld
The Federal Government has threatened to withdraw Cadbury’s $16 million grant, after it was revealed that the company did not explain what it would do with the money.
Commerce chief's e-hate reaches real life
The chief economist with the Australian Chamber of Commerce and Industry (ACCI) has been stood aside and been asked to explain himself over a series of social media comments.
Pay hit to bring 457's for less
The Federal Government is planning to let regional businesses pay foreign workers differently to locals.
Warnings over local love for shaky loans
Australian lenders are enthusiastically selling the same mortgage deals that drove the United States to economic ruin.
Bungles, leaks and lack of knowledge hurt data plans
Two stories this week suggest federal public servants may want brush up on their tech skills.
Fibre, copper, phones and figures costed for NBN
A cost-benefit analysis of National Broadband Network (NBN) plans has shown the Coalition model could deliver nine times the benefits Labor’s would have.
Capacity could be dropped in WA power struggle
The WA Government has released details of some options to end its reign as the state with the most expensive electricity.
Big spend for little gain on private path
A new study says private school might not be so beneficial.
Experts assembled to shape possible ASIC/Mint sale
The Government has named the business and legal bosses in charge of the future of the Australian Securities and Investment Commission and the Royal Australian Mint.
News Corp clamps leaks with poor numbers on paper
Reports of tough times for News Corp have been clamped-down upon by the company, while it loses millions on newspapers.
Regions losing real dollars as new grants pay
Councils will feel the strain of changes to Federal Assistance Grants this week as new indexing arrangements come into play.
Small-fries swimming together could fill mining gap
An army of small businesses running free from red tape could be the way for Western Australia to deal with a reduction in mining jobs.
Billions to gain by moving green goals
New modelling shows that Austrlaia’s energy giant stand to make billion from ar educiton in the Renewable Energy Target (RET)
Giant firm splits to save favourite assets
BHP Billiton is splitting in two, spinning-off some of its less valuable divisions into a new company.
Aus Post adds its envelope to big health bidding
Australia Post has emerged as a front-runner in the bidding to provide Medicare and PBS payments.
Swan says Labor belaboured by bosses' joint effort
Corporate and mining influences brought down the last Labor government, former treasurer Wayne Swan says.
Watchdog to bite at dodgy bets
The ACCC is suing online agency Bet365 for its ‘free bets’ and ‘bonus’ offers.
Abbott slams public sector's double baby pay
News Corp media outlets are accusing public servants of “double-dipping” into maternity leave.
Rural money matters have day in court
The financial management of one rural shire has been placed on the dissecting table.
Wonky GST split divides state blame
The Federal Defence Minister has slammed the national GST distribution system, labelling it a “scandal”.