Archived News for Finance Sector Professionals
Federal government figures have been found to have intervened in the selection of over a third of the projects in the $200m Building Better Regions Fund (BBRF).
Pest costs climbing
Experts say that the world’s invasive species have cost US$1.28 trillion over the past half century.
APRA issues cyber warning
APRA says it is “only a matter of time” before a major Australian bank goes down in a cyber attack.
Pay scams cost $14m
Australian businesses lost over $14 million in ‘payment redirection scams’ last year.
Report slams Hunter coal drive
An economist has described plans for new coal mines in NSW’s Hunter Valley as “absurd”.
Mint marks Indigenous service
The Royal Australian Mint has launched a new coin commemorating Indigenous men and women who have served in the military.
Report reveals deep pork barrel
A NSW community grants program has been labelled “a brazen pork-barrel scheme”.
Trustee slammed over fees
The Queensland Public Trustee has been criticised for its high fees and charges, but denies profiting from clients.
Ad-hoc energy scheme flawed
The Department of Industry's $10 million reliable energy infrastructure grants program has been found to be flawed.
NAIF aimed at new areas
The Federal Government wants to modify a major investment scheme, and could use it to underwrite new fossil fuel projects.
Rooftop export fee suggested
Regulators have proposed charging Australians with rooftop solar panels for exporting electricity to the grid.
Scrapped support to hurt poorest
Australia’s Treasury estimates up to 150,000 jobs may be lost this week as government wage support ends.
Business schools changing focus
Business schools are responding to the increasing lack of Chinese markets.
JobKeeper grift going unchecked
The Morrison Government has decided not to pursue companies that kept JobKeeper payments despite massive profits.
Super funds slam Wilson probe
Experts warn House Economics Committee chair Tim Wilson is using the role for political campaigning purposes.
Super health fund suggested
Liberal MPs have proposed using a superannuation increase to fund aged care.
ICAC slams ex-council figures
The NSW corruption watchdog has found former council staff and councillors have engaged in serious corrupt conduct.
Service Victoria left short
An audit has labelled the state department Service Victoria a “missed opportunity”.