Archived News for Finance Sector Professionals
PPB Advisory - the administrators of the failed Linc Energy – says the company should be placed into liquidation.
Telstra pours into Pacific optics
Telstra is building fibre-optic networks across the Asia-Pacific region.
Banks move on lending reviews
Big banks are moving to plug gaps in response to reports that hundreds of mortgages have been approved based on falsified documents about foreign income.
Cash machines going cold
Commsec data shows ATM use has hit a near record low, leading economists to speculate on how just long we will keep using cash.
Hairs split on big super plans
A major super fund says there is almost no difference between the major parties’ superannuation policies.
Trillions grifted in global shifts
Research by the Tax Justice Network shows over $12 trillion has been siphoned out of emerging economies into the shadowy world of offshore finance.
Wage watchers shut out of 7-Eleven
7-Eleven has announced it is getting rid of an independent wage panel established to assess workers' entitlements.
Turnbull turns up in Panama papers
Prime Minister Malcolm Turnbull’s name has appeared in the Panama Papers database.
Orica's profits bring little bang
Explosives firm Orica has seen a 33 per cent slump in half-year profits.
Mums study shows unlucky states
Save the Children has released a new report revealing Australia’s luckiest and toughest places to be a mum.
Finance sector Budget effects checked
Analysts say superannuation will not be a significant end of financial year tax planning strategy for some, after this week's Budget changes.
Steven reflects on way out of RBA
The Reserve Bank says more interest rate cuts could be on the way, if wages, inflation, and the housing market do not improve.
Tech money methods inspected
Australian experts are looking at crypto-currency coding to boost government services.
Heads to roll in 'efficiency' extension
Thousands of jobs will be cut in the federal public sector after the government announced more ‘efficiency dividends’.
States react to new fiscal view
State governments have given a mixed reading of this week’s Budget, depending largely on the political leaning of their leaders.
Legal fight launched on coal giant
This week has seen the start of what could be a landmark climate change case in Australia.
Warnings raised on NDIS re-jig
Health advocates say the Government should not sell welfare short to fund the National Disability Insurance Scheme.
Steel talks to call for Federal funds
SA's Premier and senior ministers will discuss taxpayer-funded investment in the Whyalla steelworks on Tuesday afternoon.
Facebook bucks tech stock trend
Facebook’s big figures have halted a run of poor results for tech stocks.
Fines land after pain pill scam
The maker of Nurofen, Reckitt Benckiser, has been fined $1.7 million for its ‘targeted’ pain-relief products.
Deep cost of street-sleeping revealed
Youth homelessness costs national health and justice systems more than $600 million a year.