Archived News for Finance Sector Professionals - October, 2018
Advocates are concerned that funds previously earmarked for the NDIS are being used to fund drought relief.
Victoria joins big China deal
Victoria says it will sign up to China's controversial One Belt, One Road initiative.
Companies see change coming
Australian company directors have nominated climate change as a number one issue for the Federal Government.
IPA attacks LNP power plays
The IPA has accused the Morrison Government of breaching Liberal values by threatening energy companies.
Leaders call to end coal
Twenty-two eminent Australian scholars and health experts have signed a letter demanding the Federal Government phase out coal.
PM launches power price plan
The Federal Government has announced new measures to help consumers and businesses keep down energy costs.
Big bill for bank behaviour
Analysts say the cost of the banks’ bad behaviour is on track to pass $7 billion.
Cash Converters settles for $16.4m
Cash Converters has settled a $16.4 million class action without admitting fault.
Probe launched on company collapse
Queensland will hold public examinations into the collapse of two major Queensland construction companies, which allegedly left hundreds of small businesses, subcontractors and suppliers unpaid.
Royal reforms may not stick
Former ACCC chair Graeme Samuel has warned lessons learned at the banking royal commission could be short-lived.
Warning over myGov tracking
People fleeing domestic violence have been warned that former partners could trace them via their children's myGov accounts.
Big pay bad for business
Research suggests bosses with exorbitant pay packets are seen as less effective and influential leaders.
Deal signed for PNG power
An Australian company wants to open a new coal-fired power plant and coal mine in Papua New Guinea.
Tech firm gives back door warning
Cisco has contradicted Peter Dutton’s claims that the government’s decryption bill will not result in “back doors” in their products.
ACCC backs gas reserve
The ACCC has reversed its view on a gas reservation policy to control prices.
ASIC to review school banking
ASIC is reviewing school banking, following criticism of Commonwealth Bank's Dollarmites program.
Government enters casual stoush
Unions have slammed the Federal Government's decision to join a casual workers court case.
More drops in job stats
Australia's unemployment rate is down to 5 per cent - its lowest level since April 2012.
NAB boss concedes bad behaviour
Andrew Thorburn has admitted the banking royal commission exposed issues “confronting and upsetting” at the bank.
Nine-Fairfax merge maintained
The merger of Fairfax and Nine appears likely to go ahead, despite a recent share price slump.
Progress on major native title claim
Australia's largest native title settlement has been officially accepted for registration in WA.