Archived News for Finance Sector Professionals - June, 2018
A new investigation into Centrelink’s robo-debt recovery program has been announced this week.
NT coast value counted
Economic analysis has found the Northern Territory's coastal and marine environments are worth $2 billion per year ...
Job sites hit by PageUp breach
Major firms are pulling pages provided by recruitment company PageUp after reports client data may have been compromised.
Tech plant slammed in labour report
Tech giant Amazon and manufacturer Foxconn have been criticised over harsh working conditions at a plant in China.
Bank bosses face cartel charge
The ACCC this week laid charges against some of the top figures in Australian banking.
Economist issues debt warning
While Australia’s economic position grows, some economists say tough times are on the horizon.
Big merger shows little benefit
The benefits of a major federal department merger have not been proven.
Gupta wants more Whyalla works
British billionaire businessman Sanjeev Gupta is planning a major investment in the city of Whyalla.
Westpac accused of losing files
Whistleblowers say Westpac’s wealth management arm lost the files of hundreds of customers ...
Amazon blocks to dodge GST
Amazon says it will block Australian consumers from its global sites to avoid new GST laws.
CBA agrees to $700 million fine
The Commonwealth Bank will pay a $700 million fine for its breaches of anti-money laundering and counter-terrorism financing laws.
Country costs for wireless NBN
It seems more regional residents want internet access than NBN designers planned for.
Insurance merger dies down
Western Australia's HBF has pulled out of a planned merger with health fund HCF.
NDIS expert wants new money
A former leader of the National Disability Insurance Agency (NDIA) has joined call for a funding overhaul.
Push to stop power 'discounts'
A former EnergyAustralia executive says the industry’s behaviour is at an all-time low.