Archived News for Finance Sector Professionals - June, 2016
Advisers say the Financial Services Council (FSC) is taking a “shoot first, ask questions later” approach to life insurance framework (LIF) reforms.
Green funds dug up more than once
Media investigations have raised claims of rorting and double-dipping in the government's Emissions Reduction Fund (ERF).
Rio relocating offshore funds
Rio Tinto says it is moving its money away from tax-dodging offshore havens.
Super switch benefits questioned
Workplace Super Specialists Australia (WSSA) is questioning the benefits of MySuper, given its enormous cost.
Harassment power play reversing
Research suggests lower-ranked public servants can use sexual harassment to take their bosses down a notch.
Tax revelations ruining whistleblower
An ATO whistleblower says revealing the truth has destroyed his health and finances.
Delays cost big as opponents dig in
Economic analysts say delays to major projects will cost Queensland $3.9 billion over the next decade.
Lacking skills lead to public lag
A leading economist claims there is a massive skills deficit in the public sector.
Big bill volleyed at Volkswagen
Insiders say the Volkswagen Group will pay more than $US10 billion ($13.3 billion) over its emissions scandal.
Telstra taking hold of mine automation
Telstra is looking to acquire the minesite network firm CBO Telecommunications.
Quigley hits out at NBN distortion
The former chief of NBN has harsh words about the project as it stands today.
Coral's lost value counted
Coral bleaching on the Great Barrier Reef could soon start to cost massive amounts of lost tourist money.
Voices missed as Feds storm North
The Federal Government is rushing to develop northern Australia, but ignoring...
Key mine firms face credit hits
Analysts say Australia's mining contractors are facing credit downgrades by several ratings agencies.
Skills switch could leave labour lagging
ANZ has warned that Australia’s shift to a services economy could create a skilled labour shortage by 2030.
All sectors to see robo-disruption
The Productivity Commission has again warned of the rise of the machines.
Fight sparked on gas giant
One of Australia’s biggest resource projects is being marred by workplace disputes.
Medibank to account for cover-up
Medibank is facing legal action in the Federal Court over “misleading and unconscionable conduct”.
Women still lower at the top
Women at the top of the business and public sectors earn about $65,000 less than their male equivalents.
Panama reports show PM making millions
Prime Minister Malcolm Turnbull is being criticised again for links to dodgy business dealings in Russia.