Archived News for Finance Sector Professionals - May, 2024
This week’s budget papers outline a surge in public service employment.
Tech spend aimed at AI
About $2.8 billion in technology investments are included in the 2024 federal budget...
Shale collusion alleged
The United States shale oil industry faces lawsuits and regulatory actions over alleged collusion to manipulate prices.
Big fine for flight grift
Qantas has agreed to compensate customers and pay a hefty fine for misleading claims.
Ex-APRA head moves to ASX
Former APRA chair Wayne Byres has been appointed as a non-executive director to the board of the Australian stock exchange (ASX).
PC probes My Health faults
The Productivity Commission has reviewed the underperformance of the $2 billion My Health Record (MHR) system.
Systemic tech regulation needed
Experts say social media firms should not be left to enforce their own standards.
NBN boss heads to Optus
Stephen Rue, the outgoing CEO of NBN Co, has been announced as the new chief executive of Optus.
Foreign money change outlined
Treasurer Jim Chalmers has unveiled significant reforms to Australia's foreign investment policy.
Pay gap drivers detailed
A study by e61 Institute has examined the decisions that drive Australia’s gender pay gap.
Trust seeks to cut coal
Australia’s second largest pension fund is giving up thermal coal investments.
Defence heads report green risk
A former Defence chief says climate risks have been overlooked in Australia’s National Defence Strategy.
ICAC exposes transport grift
A New South Wales ICAC investigation has revealed extensive corrupt conduct involving former employees and contractors from the Inner West Council and Transport for NSW.