Archived News for Finance Sector Professionals
ASIC has reported on its inquiry into IOOF Holdings Limited and its subsidiaries.
Barnett could discharge power plan
The WA Government appears to be easing back on its push to privatise electricity, for fear of a scare campaign.
Kogan's IPO lands low
Online electronics retailer Kogan has made less-than-thrilling market debut, with stock values dropping 12 per cent.
Medibank responds to tax glitch
Medibank Private has apologised for a computer glitch that has affected payments for millions of its customers.
Pokies dispersal decried
New research has revealed that gamblers in poorer suburbs can lose over three times more money to poker machines than those in more advantaged areas.
Steel giant taking union to court
Australia’s biggest steel maker is suing the Australian Workers Union over an unauthorised walk-off.
Ancient trade accepted in NT
There is a growing legal precedent for native title holders to take and use resources from their land for commercial purposes.
Credit rating hurt by inaction
Standard & Poor’s Global Ratings agency has lowered the outlook on Australia’s AAA credit rating from stable to negative.
FSC slammed on LIF push
Advisers say the Financial Services Council (FSC) is taking a “shoot first, ask questions later” approach to life insurance framework (LIF) reforms.
Green funds dug up more than once
Media investigations have raised claims of rorting and double-dipping in the government's Emissions Reduction Fund (ERF).
Rio relocating offshore funds
Rio Tinto says it is moving its money away from tax-dodging offshore havens.
Super switch benefits questioned
Workplace Super Specialists Australia (WSSA) is questioning the benefits of MySuper, given its enormous cost.
Harassment power play reversing
Research suggests lower-ranked public servants can use sexual harassment to take their bosses down a notch.
Tax revelations ruining whistleblower
An ATO whistleblower says revealing the truth has destroyed his health and finances.
Delays cost big as opponents dig in
Economic analysts say delays to major projects will cost Queensland $3.9 billion over the next decade.
Lacking skills lead to public lag
A leading economist claims there is a massive skills deficit in the public sector.
Big bill volleyed at Volkswagen
Insiders say the Volkswagen Group will pay more than $US10 billion ($13.3 billion) over its emissions scandal.
Telstra taking hold of mine automation
Telstra is looking to acquire the minesite network firm CBO Telecommunications.
Quigley hits out at NBN distortion
The former chief of NBN has harsh words about the project as it stands today.
Coral's lost value counted
Coral bleaching on the Great Barrier Reef could soon start to cost massive amounts of lost tourist money.
Voices missed as Feds storm North
The Federal Government is rushing to develop northern Australia, but ignoring...