Archived News for Finance Sector Professionals
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.
AWM expansion plan slammed
Experts have ripped into the proposed $500m Australian War Memorial (AWM) expansion as it heads for final consideration.
Alcoa unhappy with ATO
US aluminium giant Alcoa is threatening to battle the ATO in court over a tax bill that could top $1 billion.
Builders see federal boon
Builders are already seeing the benefits of the Federal Government's $688 million HomeBuilder program.
App accused of reading clipboards
LinkedIn has been accused of secretly reading Apple users' clipboard content.
Solar leader sued
Australia’s largest solar panel distributor has been accused of underpaying its staff.
ANZ expects impairments
ANZ’s chief has supported the extension of loan repayment deferrals as a COVID-19 lifeline.
Uni studies global COVID cost
The University of Sydney has quantified the socio-economic and environmental impacts of the global COVID-19 pandemic.
Vic. reveals COVID support
The Victorian Government has put up a $534 million support package for businesses in lockdown.
ALGA boosts asset reporting
A new partnership has been formed to address Australia’s $30 billion national local government infrastructure backlog.
Drought money 'rort' alleged
A $10 million federal grant awarded to the City of Launceston has been labelled “pork barrelling”.