Archived News for Finance Sector Professionals - July, 2016
The ACCC’s legal case against the training group Unique International College continues this week.
Job stats show dips and shifts
Unemployment is up to 5.8 per cent, though 7,900 jobs have been created.
Kiwis closing Panama loopholes
New Zealand is moving for more transparency in the wake of the Panama Papers leak.
Top folks not fussed on pay
Some of Australia’s top public servants have refused to pay themselves generous bonuses.
Money giants linked to tax grift
Insiders say the big four accounting firms are involved in “perpetrating the greatest tax crimes in history”.
ASIC reports on IOOF probe
ASIC has reported on its inquiry into IOOF Holdings Limited and its subsidiaries.
Barnett could discharge power plan
The WA Government appears to be easing back on its push to privatise electricity, for fear of a scare campaign.
Kogan's IPO lands low
Online electronics retailer Kogan has made less-than-thrilling market debut, with stock values dropping 12 per cent.
Medibank responds to tax glitch
Medibank Private has apologised for a computer glitch that has affected payments for millions of its customers.
Pokies dispersal decried
New research has revealed that gamblers in poorer suburbs can lose over three times more money to poker machines than those in more advantaged areas.
Steel giant taking union to court
Australia’s biggest steel maker is suing the Australian Workers Union over an unauthorised walk-off.
Ancient trade accepted in NT
There is a growing legal precedent for native title holders to take and use resources from their land for commercial purposes.
Credit rating hurt by inaction
Standard & Poor’s Global Ratings agency has lowered the outlook on Australia’s AAA credit rating from stable to negative.