Archived News for Finance Sector Professionals - November, 2021
Billions of dollars in government aid and infrastructure projects for Pacific Island nations are at risk of being misused.
WA seeks green credits
The WA Government says it will raise billions in debt in environmental and social-friendly markets.
Basslink bows to administration
Basslink has gone into administration owing $70 million to the Tasmanian government.
Post-COVID step missing
Brett Sutton and Stephen Duckett say there is a “missing recovery phase” in the national COVID-19 road map.
NAB posts big profit
NAB has posted a full-year cash profit of more than $6.5 billion, but the finance union says workers were behind the rise.
Feds to pay in huge phone deal
The Australian Government may pay for the majority of a deal that will see Telstra buy Pacific telco Digicel.
PM wants CCS for CEFC
The Federal Government wants to expand the Clean Energy Finance Corporation’s investment remit ...
Sydney Airport buyout announced
A $23.6 billion takeover bid for the Sydney Airport has been announced.
Carbon reclaims COVID ground
Global greenhouse gas emissions are almost back to pre-pandemic levels.
CBA buys into AI
Commonwealth Bank has taken a minority stake in global artificial intelligence (AI) provider H2O.
Cartel crunch questioned
The competition watchdog wants legal changes to stop “cartel activity” by global freight companies.
Berejiklian probe closed to public
The NSW ICAC has completed public hearings in its inquiry into alleged corruption by NSW MPs.
Procurement warning issued
The ACCC has issued a warning on cartel conduct risk in public sector tenders.