Archived News for Finance Sector Professionals - May, 2024
Westpac is requiring salaried employees earning up to $140,000 per year to complete timesheets.
BHP scraps Anglo attempt
BHP Group has concluded its five-week attempt to acquire Anglo American for nearly AU$75 billion.
Country closure report released
A federal inquiry has delivered its final report on the impact of bank closures in regional Australia, calling for significant regulatory changes.
Gas regimes miss billions
Analysts say Australia is effectively giving away more than half of its gas reserves for free.
Graduates report job rates
A survey suggests university graduates are experiencing high levels of full-time employment and salary increases.
PwC spends big on ChatGPT
PwC has announced a new deal to become the largest customer and first reseller of OpenAI's ChatGPT Enterprise.
ASIC efforts outlined
ASIC Commissioner Alan Kirkland has described Australia's key regulatory priorities amid global trends.
Optus sued over big breach
The Australian Communications and Media Authority (ACMA) has initiated Federal Court proceedings against telecommunications giant Optus.
PC reviews COVID-era equality
The Productivity Commission has examined economic inequality in Australia during the COVID-19 pandemic...
Climate claims found lacking
EDO analysis has uncovered widespread greenwashing in major Australian sectors.
AMA reacts to health spend
Lobbyists say Australia’s health sector is missing an opportunity for systemic change.
Anglo moves to drop coal
Anglo American has announced it will sell its five coal mines in Queensland following the rejection of a takeover bid from BHP.
PRRT path open
Oil and gas producers have expressed relief after the Albanese government reached an agreement with the Greens.
Fresh funds for PwC-linked firm
PwC Australia appears to be in line for new government contracts despite its ongoing scandal.
ATSE seeks serious research
Advocates say sustained momentum is needed for technological change in Australia.
NT tops debt record
The Northern Territory's budget for 2024-25 reveals net debt exceeding $11 billion - a record for the jurisdiction.