Archived News for Finance Sector Professionals - October, 2022
The Federal Government says it will overhaul regulations for the payday lending sector.
APS consult body coming
The Federal Government is reportedly working on an in-house consulting model for the public service.
Russian investments stuck
Australia’s sovereign wealth fund is holding around $200 million dollars in 19 Russian companies.
Push to protect mineral rights
Experts say mineral security is essential to achieving the UN’s Sustainable Development Goals, but is not explicitly part of them.
Skills shortage spreading
An official report says Australia is facing a “staggering” skills shortage.
CSIRO offers cyber security boost
CSIRO is offering its expertise to support businesses working in the cyber security sector.
Marketing spend slammed
A review of official advertising finds governments routinely spending public money to spruik their own achievements.
PM to tighten military purse
The Albanese government says it will set up an “early warning” system for military projects running late and over budget.
Regulator eyes online claims
The ACCC is running internet sweeps to target “greenwashing” and fake online reviews.
IMF warns of instability
A leader of the International Monetary Fund (IMF) has warned the world is heading towards an age of greater instability.
Oil cabal cutting production
A cartel of oil producers have agreed to cut production to drive up prices.
Retailers sued for card costs
Harvey Norman and Latitude have been sued for allegedly misleading customers about ‘no deposit’, ‘interest-free’ payments.
ASIC rates questioned
An analysis suggests fewer than 1 per cent of complaints to ASIC will be investigated.
Confidence rises following poll
Public confidence in the Federal Government has sharply increased since the May election, according to new data.
Data scanned for Optus issues
Services Australia is using data matching to scan Medicare details for Optus hack victims.
Interim pay rise announced
The Federal Government has proposed a 3 per cent pay increase for commonwealth public servants.
Automation study predicts change
A new report finds young Australians face a lifetime of labour change.