Archived News for Finance Sector Professionals - June, 2020
Reports say deputy PM Michael McCormack billed taxpayers for Melbourne Cup flights ...
NBN admits misleading
NBN Co has been found to have misled Canberra consumers about needing to move to the broadband network.
Morrison outlines IR moves
The Prime Minister is pushing IR changes as a method to get the Australian economy moving after COVID-19.
Authority works on new trades
The AEMC says it is still working to let large customers trade their energy use more easily.
Taylor talks reserves
The Energy Minister says he is working to bolster Australia’s domestic fuel security and ease pressure on refineries.
CHOICE studies credit rates
New research finds Australia’s banks have “effectively stolen” billions of dollars from customers over the past decade.
Morrison sorry for debt scandal
Scott Morrison has apologised for any “hurt or harm” caused by the robodebt scheme ...
Industry questions COVID spend
An expert review has found Australia already had “more than enough” COVID-19 capacity before the Federal Government spent $200 million on Andrew Forrest’s tests.
Second look for PFAS payouts
Independent reviews of individual PFAS cases may look at the cost of health effects.
Blockchain for books tested
Blockchain technology could help Australian book publishers survive and thrive.
ConocoPhillips buy-out complete
Santos now owns all of ConocoPhillips’ oil and gas assets in northern Australia and Timor-Leste.
Former heads back carbon price
Former senior public servants have called for a carbon price to be brought back.
Jobs boost in green re-build
Economists say a renewables-led economic recovery would create far more jobs than a fossil-fuel-led recovery.
FIRB to consider security
Prime Minister Scott Morrison has announced a foreign investment overhaul.
UA predicts decline
New models suggest Australia’s universities could lose $16 billion in revenue between now and 2023.
Jail time in health fraud case
Contractors have been jailed over fraud involving a WA health service.
New figures spell recession
Treasurer Josh Frydenberg has declared Australia is in recession after almost 29 years of economic growth.
Victorian grift uncovered
A Victorian public servant has been found to have directed millions of dollars of work to his own company.