Archived News for Finance Sector Professionals - December, 2023
The ACCC has raised concerns over the lack of transparency in the pricing of retail deposit products by banks.
AUSTRAC eyes digital markets
AUSTRAC says it will be intensifying its scrutiny of popular payment platforms and digital currency exchanges, including Binance and Swyftx.
FWC looms for ATO deal
Australian Taxation Office (ATO) staff are considering taking their pay dispute to the Fair Work Commission.
Stoppages hit ACCC
The Australian Competition and Consumer Commission (ACCC) is grappling with a series of one-hour stop-work actions.
Fuel talks slow summit
Unwillingness to cut fossil fuels could see the COP28 talks end with a whimper.
IA reports on shortage
Infrastructure Australia (IA) says shortages in steel and building materials could impact critical projects.
ILO calls for overhaul
The International Labour Organization (ILO) wants a human-centred economic revolution.
Giant merger talks continue
Australia's top oil and gas companies, Santos and Woodside, are in talks for an $80 billion merger.
New head for ATO
APS veteran Rob Heferen is set to assume the role of Commissioner at the Australian Taxation Office (ATO).
Drink giant shaken down
The Australian Taxation Office (ATO) has emerged victorious in a legal battle against PepsiCo over royalty taxes.
NDIS reports on supports
The long-awaited NDIS review proposes transformative changes to Australia’s disability support system.
Debt fixes pushed
The Commonwealth Ombudsman has told agencies to quickly fix thousands of unlawfully miscalculated welfare debts.
Combo bill criticised
The Albanese Government has been criticised for combining changes to the Petroleum Resources Rent Tax with a bill to avoid a new PwC scandal.
Concern over COP leader claims
The president of COP28 says there is “no science” behind calls for a phase-out of fossil fuels.