Archived News for Finance Sector Professionals - August, 2024
Coal closure profits shown
Research suggests shutting down coal-fired power stations can be profitable for investors.
Comyn attacks Greens tax
Commonwealth Bank CEO Matt Comyn has slammed the Greens' proposed profit tax as “insidious populism”.
Deal made on RBA changes
Labor's push for Reserve Bank of Australia (RBA) reforms is moving forward, with significant concessions.
AGL overcharging slammed
AGL has been found to have overcharged vulnerable customers and failed to issue refunds.
Home Affairs fix outlined
Changes could be coming following a review of Home Affairs’ collaboration with national intelligence and agencies.
Long COVID bill lingers
Long COVID cost the Australian economy nearly $10 billion in 2022, new analysis shows.
Small banks miss scams too
ASIC has released a damning report on the anti-scam practices of Australia’s non-major banks.
CSIRO cuts outlined
CSIRO is set to eliminate up to 500 support roles as part of a significant organisational restructure.
AER head reflects on summit
Two of Australia’s biggest regulators have come together for a major summit.
Debt review calls for action
Tasmania is on track to face a severe financial crisis over the next three years, according to ...
Energy spend claims labour
Analysts say energy projects are taking away funding for housing and road infrastructure.
Origin profits rise with bills
Origin Energy’s profits are surging as Australians struggle with energy costs.
State puts eyes on pricing
A new commissioner in Queensland will be appointed to tackle supermarket price gouging.
Pay gap declines
Australia's gender pay gap has reached its lowest point on record, down to 11.5 per cent.
ASIC advance questioned
Reports this week question the process behind ASIC CEO Warren Day's appointment.
Tech trust scheme detailed
The Government hopes a new digital ‘trust’ system will help protect consumer data.