Archived News for Finance Sector Professionals - August, 2017
The ACCC has launched court action against ticket re-selling site Viagogo for alleged breaches of consumer law.
CBA preps for APRA probe
Commonwealth Bank is preparing its defence for APRA’s inquiry into the bank’s culture and reporting frameworks.
New stats hint at shift from mining
Economists say the long-awaited transition away from a mining-based economy may actually be happening.
Business backs SA Labor talks
Business SA wants the Weatherill Government to “hold the line” against threats of industrial action by the public sector union.
Tassie seeks shorter planning path
Tasmania’s new planning laws could invite corruption and political interference.
Adani insists on India's needs
Adani says India still needs imported coal, even though the Government is pushing for self-sufficiency.
ATO outlines $17b super grift
The ATO says employers have robbed Australian workers of about $17 billion in superannuation since 2009.
CDP pushing people to the brink
An NT MP has described how a work-for-the-dole scheme is driving people to desperation.
Big bank case brewing
Lawyers are launching Australia's largest shareholder class action against the Commonwealth Bank.
Experts review what Exxon knew
Harvard University researchers say Exxon Mobil has intentionally misrepresented climate science.
Banks to take tax to court
The big banks are threatening High Court action over SA’s proposed bank tax.
WA Labor accused of selling access
WA Labor has been accused of selling access to cabinet ministers for up to $6,000 per head.
ASU wants to stop desk-swaps
A major union is fighting the growing trend of ‘hot-desking’ in government offices.
Chinese changes to affect local works
New Chinese guidelines restricting investment overseas will have impacts in the Australian property market.
AMA wants insurance streamlined
The AMA says private medicine is “under siege” from “junk” healthcare policies.
NBN influences Telstra's numbers
Telstra has slashed its dividend outlook and reported a 33 per cent dive in full-year profit.
Super central to probe plans
Bill Shorten says “fee-gouging” bank-owned superannuation providers will be targeted, if his proposed royal commission goes ahead.
Young minds miss money matters
The leader of a finance education group has reflected on the effect of modern payment systems on kids’ financial literacy.
PM's chief moves to NBN
Malcolm Turnbull's former chief of staff Drew Clarke is joining the NBN Co board.