Archived News for Finance Sector Professionals - March, 2022
Disaster fund described
The architects of a $10 billion cyclone reinsurance pool say a similar fund is needed for other natural disasters.
Big money backs cable plan
Australian billionaires are pouring money into the world’s largest solar and battery project.
Bond death expected
A major investment manager has quit his old firm to join a crypto advisory firm, saying “bonds won’t exist in 10 years”.
Regulators gather for new issues
Four major Australian watchdogs have come together to create the Digital Platform Regulators Forum.
Advice probe leader picked
Superannuation law expert Michelle Levy will chair an inquiry into the quality and affordability of financial advice.
New call to kill veto
Researchers have again called for an end to politicians’ veto power over research grants.
ASIC floats on short reports
Corporate regulator ASIC delivered a $1 billion effective profit last financial year, coming largely from small business owners.
Vic. ditches rates plan
The Victorian Government says a planned rates exemption for social and affordable housing is “off the table for good”.
Business calls for shift fund
A manufacturing lobby says investment is needed to smooth the move to renewable energy.
Free childcare costed
A proposed federal policy seeks to make child care an essential public service that is free and accessible for all families.
Grid body sees risks
The industry body for Australia’s electricity grid says the sector must adapt to a changing climate.
Huge debt set to stay
Economists do not expect the federal government to clear the debt run up dealing with the COVID-19 recession anytime soon.
Research calls for more support
Research shows better social supports are needed to lift up to 1 million Australians out of severe poverty.