Archived News for Finance Sector Professionals - June, 2024
Whistleblower Richard Boyle's appeal has been dismissed, meaning he will face trial for exposing misconduct within the ATO.
Banking code updated
ASIC has approved a new Australian Banking Code of Practice, designed to strengthen consumer protections.
Defence refers Thales deal
Defence has referred a $1.2 Billion Thales contract to the National Anti-Corruption Commission (NACC).
First Bitcoin ETF listed
The ASX has listed its first spot Bitcoin exchange-traded fund (ETF), the VanEck Bitcoin ETF (VBTC).
RBA calls for calm
The Reserve Bank of Australia's (RBA) deputy governor, Andrew Hauser, has minimised concerns over a recent inflation spike.
Treasury secretary reflects on reality
Dr Steven Kennedy, Secretary to the Treasury, recently addressed the United States Studies Centre with a powerful message: the lines between economic policy and national security are now more blurred than ever.
Service savaged in law review
An official report says the public sector frequently fails to comply with legal and regulatory frameworks.
Banks predicts builder stability
Commonwealth Bank predicts a stabilisation in the rate of construction industry insolvencies, following a significant rise of over one-third last year.
ATO case appeal fails
ATO whistleblower Richard Boyle has lost his appeal to halt his criminal prosecution.
Kirkland speaks on ASIC aims
ASIC Commissioner Alan Kirkland has outlined the regulator’s current priorities.
Tax stats show rich reduction
New stats show 102 Australians with incomes exceeding $1 million each paid no tax, according to data from the Australian Taxation Office (ATO).
WGEA shows PS gap
The Workplace Gender Equality Agency has released new analysis of gender equality in the federal public sector.
Adobe sued over subscriptions
The US government has filed a lawsuit against Adobe, accusing the software giant of deceptive practices ...
Meta scam case proceeds
A US judge has allowed Australian mining magnate Andrew Forrest to proceed with his lawsuit against Meta Platforms.
Tribunal outlines federal rise
Australian federal politicians and public office holders will see their annual salaries increase by 3.5 per cent from July.
Hornsby ordered to hand back
Hornsby Shire Council has been ordered to return $36 million of unspent funds from the Stronger Communities Fund.
APRA updates risk guides
APRA has published its finalised prudential practice guide to enhance operational resilience.
Big boost for QLD service
The Queensland Government says it wants to spend less on contractors and consultants.
Cashless effect backed
People tend to spend more when using cashless payment methods compared to traditional cash transactions.