Archived News for Finance Sector Professionals - August, 2022
Rail loop benefit questioned
Analysis of Victoria's Suburban Rail Loop suggests the project's cost could outweigh its benefit.
Agencies fail at cloud accounting
A review has found many federal agencies struggle to allocate cloud costs.
ANAO probes own offices
The Australian National Audit Office (ANAO) has released a report on itself.
Wesfarmers rakes in online
Wesfarmers has posted $4 billion in online sales in what it calls its “most disruptive” year due to COVID-19.
MMI contracts kept
Labor has criticised the previous government’s Modern Manufacturing Initiative announcements, but will allow ...
Woolworths posts minor rise
Woolworths says its annual profit has been flattened due to product shortages.
Write-offs could drive skills
A major think tank says education must be at the centre of Australia’s new skills regime.
Rise seen in wage stats
New stats suggest wage growth in enterprise agreements is up to 3.2 per cent.
BHP slams QLD hike
BHP has blamed Queensland’s royalty scheme for its decision to pause new coal investments in the state.
Price rise release questioned
Queensland's Energy Minister has questioned whether Scott Morrison was involved in delaying release of new energy prices.
Safeguard talks launched
The Australian government is consulting industry and broader stakeholders on its emissions reduction rules.
Silence over Chinese port deal
Defence is keeping its national security review of a Chinese-owned company's lease of Darwin Port secret.
Treasury releases skills outline
The federal treasury has released an issues paper ahead of the government’s two-day jobs and skills summit.
AMP payouts lag
AMP has been slammed over “vanishingly small” compensation payouts for unlawful life insurance conduct.
EV incentives considered
The Albanese government is considering imposing carbon emissions rules on new car sales to boost electric vehicle take-up.