Archived News for Finance Sector Professionals
The most powerful woman in the Commonwealth bureaucracy says public servants “make up” red tape.
Ship-building review gives SA smaller fraction
A leading defence industry body says just a small slice of the Federal Government's $39 billion promise for shipbuilding will actually go to South Australia.
BHP digs in amid iron decline
BHP is pushing ahead despite a depressed iron ore market, drumming-up funds for a new open pit near Newman in WA.
ASIC to bury phoenix firms for good
Australia’s main financial regulator says it will turn its focus to ‘phoenix activities’ in the construction sector.
Gorgon backers under ATO's lens
The Australian Taxation Office is looking at the funding of the massive Gorgon natural gas project, amid claims that it will make billions of dollars tax-free.
Senator seeks public shame for big tax dodgers
The first report from a Senate inquiry into multinational tax avoidance is expected to be tabled today, while investigators say companies are funnelling more than AU$30 billion to Singapore every year to avoid tax.
Big digs covered up sliding wages
Economists say the sugar hit of mining boom masked a deterioration in Australian wage growth.
Sleazy pubs to stadiums, live music brings $16 bil
Live music poured $15.7 billion into the Australian economy last year, while creating 65,000 full and part-time jobs.
Survey shows highs and lows of non-alignment
A new survey suggests financial planners at non-aligned planning practices earn more than their aligned peers.
WikiLeaks warns would-be whistlers
WikiLeaks has warned Federal Government whistleblowers to watch out, following the prosecution of a junior public servant alleged to have posted secret information online.
'Wife beater' campaign starts with the name
A new campaign has been launched to rename the common navy blue ‘wife beater’ singlet.
Emissions plan shows commitment to resistance
Prime Minister Tony Abbott has unveiled a bold plan to place Australia at the back of the pack of nations responding to climate change.
Modern firms redesigning perks
Tech companies have emerged as bold innovators in the realm of employee perks.
Buffett makes biggest play
Billionaire investor Warren Buffett is moving to buy out aerospace supplier Precision Castparts, in a deal valued at a staggering $37.2 billion.
Ausbil hands back $20 mil
Funds manager Ausbil will pay out nearly $20 million in refunds to customers it overcharged in the course of the last decade.
Concern about perfection doesn't pay
Many people describe themselves as the type of person who needs everything to be “done right”, but this urge for perfection could carry some severe costs.
Rio's iron ride leads to cap-ex cut
Mining giant Rio Tinto has posted first-half profits that show the company’s fortune sliding down alongside metal prices, leading it to make a pledge of $1 billion in cost-cuts this year.
Sims wants more talk on performance
ACCC chair Rod Sims says he wants more debate on how to get better regulatory outcomes and reduce regulatory burdens.
Union division on Work Choices or not
A war of words is brewing as to whether a review of industrial relation is a return to Work Choices.
Cashless welfare card in swipe at social reform
A trial has been launched for a cashless welfare card in one South Australian town, which community leaders say will save lives.
Graduate gives big gift to old digs
A former Monash University economics graduate has provided a $5.2 million gift to support mental health research at Monash University.