Archived News for Finance Sector Professionals - February, 2022
Experts warn that Australia is locking in its fossil fuel dependency, and could be left with billions of dollars in stranded assets.
Sims speaks on competition shift
ACCC boss Rod Sims says weak market regulations could push people toward populist solutions.
Green play by tech billionaire
Tech billionaire Mike Cannon-Brookes has invested a further $200 million into renewables.
Hackers punish Putin
Some of the response to Russia’s invasion of Ukraine has not come from governments ...
Mine boss backs independence
Billionaire mining magnate Andrew Forrest says global conflict shows Australia must push to become “energy independent”.
Probuild issue pauses big works
Major builder Probuild has entered into voluntary liquidation, leaving billions of dollars in projects in limbo.
SWIFT action suggested
The world’s main international payments network could be weaponised against Russia.
Big firms blocking green drive
Analysts have accused major corporate ‘influencers’ of blocking action against global warming.
Big AGL bid rejected
Investors have been knocked back after trying to take over AGL Energy and shut down its coal power plants earlier ...
CEFC backs cleantech fund
The Clean Energy Finance Corporation (CEFC) has launched a specialist cleantech fund manager.
Ex-advisor slams gas influence
A former Woodside lobbyist and engineer has accused the gas industry of misleading the public.
Five Eyes focus on trade cartels
The nations of the Five Eyes alliance have agreed to focus on collusion in international trade.
TPG to share Telstra network
TPG has signed a 10-year deal with Telstra to share mobile network and spectrum.
Gov. gives up on federal ICAC
Liberal MPs have threatened to vote against their party to legislate a federal corruption watchdog.
Greens plug huge energy shift
The Greens have proposed a $40 billion renationalisation of Australia’s energy sector.
Old school investor slams new wave
Warren Buffett’s longtime business partner says cryptocurrencies are “like a venereal disease”.
Pay deal for gig drivers
Amazon Flex drivers have been granted enforceable minimum pay rates for the first time in the world.
Treasury hopes for wage rise
The Treasury says Australia may enjoy a wages boom, but it does not know when.
Water broker rules loom
Water brokers may soon be regulated like real estate agents and financial professionals, according to a new report.
Audit shows unbalanced grants
An audit has found a $184 million program funnelled money into marginal and Coalition-held seats at the last two elections.