Archived News for Finance Sector Professionals - October, 2016
Woolworths is facing off with the ACCC over claims of unconscionable conduct between its retailers and suppliers.
Curtis smashing gas game
The $25 billion Australia Pacific LNG project in Queensland is driving Origin Energy revenue, despite weak prices.
SAPN loses price appeal
The Australian Competition Tribunal has backed the AER’s denial of SA Power Networks’ plan to collect more revenue.
Solar firms accused of confusing deals
As the good deals for rooftop solar decline, energy retailers have been accused of capitalising on consumer confusion.
Drink business relies on boozers
Analysts say the alcohol industry is reliant on harmful drinking behaviour.
Google backs exciting ideas
Google has provided $5 million to see a new generation of Australian brainchildren come to life.
NAB's deals see profits drop
NAB’s full-year profit is down 94 per cent after losses from the sale of life insurance and UK banking firms.
Pay gap stable, but sources shift
The gender pay gap is stable, but the reasons behind it are changing.
Coal bump coming soon
Analysts say the price of coal is about to rise, and could deliver a $A23.6bn boost to big mining groups listed in London.
Hard sell for WA power plans
The WA Government is feeling the heat for attempts to sell its power network.
US telecom taking big bite of content
US telecoms giant AT&T is looking to buy entertainment group Time Warner for nearly A$113 billion.
Bank penalties' weakness criticised
ASIC boss Greg Medcraft says penalties for bankers’ bad behaviour are too weak.
Economist knocks gas studies
Economists say the funding links between fossil fuel firms and researchers could threaten academic independence.
Heavy charges for Brazil spill
BHP Billiton executives are among 21 people charged with manslaughter and environmental crimes...
Major merger for big gamblers
Gambling giants Tabcorp and Tatts are merging into an $11.3 billion giant in control of over 90 per cent of Australian betting.
TAI makes $100m water claim
Analysts claim Queensland’s coal mines will be granted $100 million worth of free groundwater.
Poverty stats hit ten-year peak
The Australian Council of Social Service says there are now more kids in poverty than at any other time this decade.
Woman's world could avoid old issues
An Australian science writer says women can fix the big challenges our planet faces.
ASIC takes insurers to task
ASIC has slammed parts of the life insurance sector after a large review.