Archived News for Finance Sector Professionals - May, 2017
A key figure in Australia’s unions wants bosses who underpay workers jailed.
'WannaCry' worms its way worldwide
Windows computers around the world have been hit by ransomware ...
Payroll project not looking good
An independent audit suggests the Queensland Government is at high risk of another payroll disaster.
Banks respond to looming changes
The Federal Government has unveiled a range of moves to make the banking system more competitive.
Council grants unfrozen
Councils have applauded budget measures to restore indexation to FAGs, after a tough three-year freeze.
States split in budget response
There has been a mixed reaction from the states to the federal budget, linked largely to the political allegiances of state governments.
Betting ban to bookend big games
The Federal Government is banning gambling advertising before 8:30pm during live sporting events.
Blackout payback questioned
Tens of thousands of Adelaide householders and businesses will miss out on compensation payments for last year’s blackouts.
TV switched for sweeter deal
The Commonwealth is making it cheaper and easier for major broadcasters to control Australian markets.
Woodside wants east to reach over
WA gas giant Woodside says if the eastern states want gas, they can come and get it.
RBA boss issues debt warning
Reserve Bank governor Philip Lowe says wage growth needs to increase to help the Australian economy become more resilient to issues of burgeoning household debt.
Santos denies gas worries
Santos has faced some awkward shareholder questions at its AGM about new government export controls.
Calls for extended IA pipeline
The local government sector has backed the Federal Government’s “good debt” infrastructure plans.
GST re-think launched
Federal Treasurer Scott Morrison has ordered an independent inquiry into the carve-up of GST revenue.
School money reshuffled
The Federal Government has unveiled plans for ‘Gonski 2.0’, a re-jig of recent school funding models.
Uni money tightened
University students will pay up to $3600 more for their degrees under a proposed tertiary education overhaul.