Archived News for Finance Sector Professionals - June, 2023
Victorian MPs are set to receive a 3.5 per cent pay increase starting from July 1.
Housing bill hampered
The $10 billion Housing Australia Future Fund (HAFF) bill will not pass through parliament this week as planned.
Grattan studies gas needs
The Grattan Institute is urging Australian governments to phase out natural gas by 2050.
Advice shift coming
The Australian federal government has announced plans to address the shortage of financial advisers.
AGL reveals rosy outlook
Australia's largest electricity and gas supplier has announced it expects a significant increase in core net profit for the next financial year.
Gambling crackdown urged
Anti-gambling advocates and public health experts want restrictions on gambling advertising.
New councils to fill gaps
The Federal Government is seeking private help to assist with workforce issues.
TOIL talks outlined
APS negotiators are attempting to wrangle with time-off-in-lieu (TOIL) provisions.
Farm firms to merge
Bunge and Viterra have reached a unanimous agreement to merge, forming one of the world's largest agribusinesses.
Aged care levy considered
Aged Care Minister Anika Wells says the government is considering a levy to improve the aged care system.
EU dips into recession
The Eurozone economy has technically entered recession, driven by its energy crisis and inflation.
Origin buyer lays out case
Brookfield is pushing ahead with its $18.7 billion takeover bid for Origin Energy, amid questions about its tax avoidance.
Blockchain an option for ASX
The Australian Securities Exchange (ASX) is still open to using blockchain for its core replacement project.
PwC probes continue
The Tax Practitioners Board (TPB) is conducting a new inquiry into the failure of PricewaterhouseCoopers (PwC) and its partners to report confidentiality breaches committed by the firm's former head of international tax, Peter Collins.
Airline scarcity drives price
The ACCC says the Qantas-Jetstar and Virgin airline duopoly is driving up domestic flight prices.