Archived News for Finance Sector Professionals - April, 2021
Government agencies say they need to work quickly to become experts in cryptocurrencies and crime.
Super changes upset funds
Resistance is growing against the Federal Government’s planned superannuation changes.
Report sought AusPost sales
Former Australia Post CEO Christine Holgate has revealed what may have been the real reason she was “humiliated” out of her job.
Bank backs gold deal
Regis Resources wants to purchase a 30 per cent stake in the Tropicana gold mine in Western Australia.
Food apps face Senate
An enquiry has heard Sydney Uber Eats drivers earn less than minimum casual wage during peak times.
Wage boost benefits big firms
Reports have revealed how much one of Australia’s richest people made from the Jobkeeper scheme.
Alibaba fined $3.7b
The Chinese government has fined Alibaba AU$3.7 billion for anti-competitive tactics.
Gas heads join climate board
The Federal Government is bringing in big business lobbyists and gas industry figures to overhaul its Climate Change Authority (CCA).
Power debt grows
About 150,000 Australians are currently in debt to their gas and electricity provider.
Pallas makes credit call
Victoria’s treasurer has called on the Federal Government to help drive down credit card interest rates.
Post chair denies Holgate claims
Australia Post's chair has rejected the former CEO’s claim that she was “unlawfully” stood down.
Audit reveals robodebt tail
Services Australia has been criticised for continuing to raise money through ‘robodebts’ after the scheme had been ruled unlawful.
Bitcoin power cost plotted
Bitcoin mining in China will soon use as much energy as a major European nation.
MPs intervene on grant calls
Federal government figures have been found to have intervened in the selection of over a third of the projects in the $200m Building Better Regions Fund (BBRF).
Pest costs climbing
Experts say that the world’s invasive species have cost US$1.28 trillion over the past half century.
APRA issues cyber warning
APRA says it is “only a matter of time” before a major Australian bank goes down in a cyber attack.
Pay scams cost $14m
Australian businesses lost over $14 million in ‘payment redirection scams’ last year.
Report slams Hunter coal drive
An economist has described plans for new coal mines in NSW’s Hunter Valley as “absurd”.