Archived News for Finance Sector Professionals - March, 2015
The Australian Securities and Investments Commission (ASIC) has stockbrokers and investment advisers in its cross-hairs.
Indecision leaving studies unfunded
The Business Council of Australia (BCA) says the Federal Government is jeopardising jobs by holding research funding “hostage” while it tries to intervene in the university sector.
Investments questioned as local money hits US road
A big Australian super fund is investing in US projects due to a lack of opportunities at home.
New job rates detailed
Unemployment has slipped down to 6.3 per cent, with 15,600 jobs added in the latest period.
Roy Morgan registers self-managed satisfaction
New research shows self-managed super funds (SMSFs) have the most satisfaction with financial performance.
Capping chief's pay as key to good choices
Capping and regulating CEO payments, including performance bonuses, could help make companies more profitable in the long term, experts say.
Building risked by super switch
A major superannuation group says letting Australians make more choices for their retirement savings could stop investments in large infrastructure projects.
Hockey and Cormann want risk-free green dollars
Treasurer Joe Hockey and Finance Minister Matthias Cormann are changing the rules for the Clean Energy Finance Corporation (CEFC).
Experts call for scrutiny all round
While a recent Senate Committee said financial planners should do compulsory due diligence on new recruits, one specialist says they should do the same for any licensee they join.
Illegal super spruiking everywhere
One insider says the unlawful practice of banks offering businesses special inducements to join their superannuation funds is widespread.
Minister for Women sees progress at men's club
The LNP will hold its International Women’s Day event at a men’s club, while other groups show how to do it right.
Senate seeks to kill corruption overseas
A Labor senator is seeking a senate inquiry that could cause shockwaves in boardrooms nationwide.
Big business deal could hurt weakest
New analysis of a secret international trade deal has shown that the Federal Government could be about to put public health and personal wellbeing at risk.
OLV shake-down to look for bad buys
Victoria’s Labor Government has launched an independent inquiry into decisions made at the Office of Living Victoria (OLV) under the previous LNP government.
Drink tax could drive down addiction
A tax on sugar-sweetened drinks would be an effective way to improve the health of heavy consumers, new research shows.
Robb rubbishes AMA's secret trade scare
Trade Minister Andrew Robb has hinted that the Trans-Pacific Partnership agreement will be signed soon.
Seven scrapes oil and gas sector
One Australian billionaire thinks the next big payday will come from the oil and gas sector.