Archived News for Finance Sector Professionals
Volkswagen has been ordered to pay a $US2.8 billion criminal penalty for cheating emissions tests.
ABA review calls for small changes
A review has recommended Australian banks stop rewarding staff based on sales performance alone.
Big schools raise visa worries
The education sector has been hit by the visa reforms announced this week.
Funding study finds huge effect
A new study shows investing in adolescent health and education brings significant economic benefit.
Pacific deals still afloat
While US President Donald Trump has put the TPP off for now, Australia and other Pacific nations are close to securing a smaller trade deal.
Consumer review calls for tougher laws
A review of Australian consumer law has called for tougher penalties.
TPG to bite at mobile market
TPG will soon be Australia’s fourth mobile network operator, with plans to build its own $2 billion network.
Visa change on the way
The 457 category has been abolished and replaced with two new and more stringent visas.
Green light for new ideas
A new start-up accelerator has started funding exciting renewable energy projects.
Iron price bumped by high supplies
Fortescue, one of Australia’s largest iron ore miners, says it does not expect the the iron ore price to fall much lower.
Big firms bank on non-payment
The Small Business Ombudsman says too many big companies are leaving smaller firms in the lurch.
Housing fixes picked apart
An independent economist has warned against rumoured superannuation changes.
India FTA re-awakened
The prime ministers of Australia and India have revived talks on a free trade deal.
Rio responds to tax accusation
Rio Tinto could seek a court challenge in its stoush with the Australian Tax Office (ATO).
Bank seeks quantum edge
The Commonwealth Bank is looking to get ahead of the risks and opportunities of quantum computing.
Economists aim at gas billions
A new report says the Federal Government could make nearly $3 billion a year by forcing offshore petroleum companies to pay a flat royalty on the gas they extract and export.
Jail time for bus stop scam
A former Victorian senior public servant has been sentenced to eight years' jail for a scam involving over $15 million of taxpayers' money.
DFAT chief calls for more women
The lack of women in senior roles at the Department of Foreign Affairs (DFAT) has been criticised by its own chief.
EU FTA on the way
The Federal Government is actively chasing a free trade agreement (FTA) with the European Union.