Archived News for Finance Sector Professionals
Big banks make credit payback
Westpac and ANZ are paying back credit card customers after ASIC ordered them to do so.
Tax cut push continues
The Federal Government says it is willing to make corporate tax cuts an election issue.
WA councils accused of building stash
Perth councils have been accused of squirrelling away more than $1 billion in infrastructure money.
Rio urged to leave lobby
Rio Tinto investors are being recruited to push for the company to quit the Minerals Council of Australia (MCA).
Adult firms claim no love from banks
The small business ombudsman is supporting the sex industry in its fight for acceptance from banks.
ASIC checks concerning glitch
ASIC is bringing in lawyers to see if it accidentally assisted insider trading.
Union backs integrity pledge
The public sector appears to support the latest push for a federal corruption court.
ASIC launches rate-rigging case
ASIC has launched legal action against the Commonwealth Bank (CBA) over rate rigging.
Big new bid for AWE
A bidding war for oil and gas producer AWE is heating up, with Australian, Japanese and Chinese interests all at play.
EBAs slide alongside wages
The Australia Institute says declining wages could be linked to a large drop in private sector EBAs.
Mine fraud case continues
Rio Tinto and two former company leaders will continue facing fraud charges in the US.
New CBA chief comes from within
The Commonwealth Bank has replaced its CEO with the former leader of its most scandal-plagued division.
New funds for weapon exports
The Federal Government wants Australia to become one of the world’s largest arms exporters.
Health cover costs to rise
Health minister Greg Hunt has allowed private health insurers to lift their premiums.
Regulator questions Sky sale
British regulators say Rupert Murdoch’s planned takeover of Sky is not in the public interest ...
Banks miss interest tests
ASIC says banks’ in-house product referrals are consistently failing the best interest test.
Consumer group makes credit call
A consumer finance advocacy group says the upcoming inquiry should focus on ...