Archived News for Finance Sector Professionals - July, 2020
The Federal Government is working on a plan to force Facebook and Google to pay traditional news media to publish their content.
Green group wants fossil tax
There is a strong call for the Federal Government to tax the fossil fuel industry for a climate disaster fund.
Half a million take whole super
More than half a million Australians have “completely cleaned out” their superannuation savings.
Fee change on shaky basis
The Federal Government has not modelled whether charging more for humanities will work.
Social spend suggested
Instead of helping with expensive renovations, the Federal Government is being urged to build social housing.
Workers' comp rorts uncovered
A deep investigation of Australia’s $60 billion workers’ compensation system has uncovered widespread mismanagement.
Google sued over data change
The ACCC is taking legal action against Google over the expanded use of personal data.
New group for green chains
Some of Australian biggest companies are coming together to work towards net zero emissions in their supply chains.
Hundreds join call for humanity
Hundreds of prominent Australians have signed a letter calling for efforts to solve the biggest challenges facing humanity.
JobKeeper keeping zombies alive
Liquidators say JobKeeper and other stimuli are keeping zombie businesses alive.
ATO eyes smaller digs
The Australian Taxation Office (ATO) is looking for new, smaller offices in Sydney.
Vic. debt revealed
The Victorian budget should return an operating deficit of $7.5 billion in the 2019-20 financial year.
Welfare cuts unveiled
Australians on JobSeeker and JobKeeper payments will have their money cut in coming months.
ATO extends Optus deal
The Australian Taxation Office has extended a decade-long managed network services deal with Optus.
CSIRO gas links questioned
Experts have raised concerns that the CSIRO has been compromised by its relationship with the CSG industry.
Glover-maker faces slavery claims
Authorities have warned rubber gloves vital in the fight against COVID-19 could have been made by slaves.
Green lifecycle studied
Experts say the Australia’s renewable energy transition makes economic sense.
Kogan slapped for EOFY claims
The Federal Court has found Kogan’s ‘tax time’ promotion was misleading.
Iron to drive WA recovery
Experts say iron ore will help Western Australia's economy recover from the COVID-19 economic hit faster than other states.
Second super raid tallied
The second raid on super accounts has seen Australians pull out nearly $30 billion from their own futures.