Archived News for Finance Sector Professionals
Hedge fund billionaire John Paulson has donated $US400 million ($AU520 million) to Harvard’s School of Engineering and Applied Sciences, the largest gift in the school’s history.
Trade gap now worst on record
Australia’s imports are exceeding exports by nearly $3.9 billion, as the nation posts its worst monthly trade deficit on record.
Broad fraud found in QLD councils
Queensland’s Audit Office has released a report on corruption in Local Government, and revealed that about half the state’s corruption is limited to a single council.
Indigenous business boost in 3% rule
The Ministers for Indigenous Affairs and Finance have released a new policy that requires the Australian Public Service (APS) to award 3 per cent of all contracts and tenders for goods and services to Indigenous businesses by 2020.
New leaks show Australia seeks massive deregulation
WikiLeaks has released more information on Australia’s secret trade dealings.
Abbott urged to see profit in equality
Analysis has shown that same-sex marriage would be a big boost for Australian business.
Huge oil fund kicks out coal
The world's biggest pension fund is looking to sell it stake in companies that invest in the coal industry.
Builders bring biggest share to local coffers
Research says property is now the largest contributor to the Australian economy, eclipsing both the mining and financial services sectors.
CBA's patch-up program sees thousands on board
Expressions of interest from more than 22,000 customers have been lodged in the Commonwealth Bank's (CBA) open advice review program.
Rinehart finding sheds light on Barnaby's link
The children of Australia’s richest person have wrestled control over their multibillion-dollar family trust.
Two sites plugged for super advice
An authority on superannuation says two major accounting bodies are the only source for accountants to get objective information.
Call for leave to let victims break free
The ACTU wants domestic violence victims to be allowed an extra 10 days of annual leave to help them break free of their abusers.
China money could flow to FMG, after FIRB look
Chinese-linked companies have applied to the Foreign Investment Review Board over a big investment involving Fortescue Metals Group.
Space mining bill for bold new digs
The US has taken a technical step in the new space race, passing a bill to allow mining in space.
Gas boom slows in analysts' eyes
There are claims this week that Japan's Inpex Corporation is struggling to keep the $A43.5 billion Ichthys LNG project on schedule due to delays with the South Korean shipyard manufacturing the massive offshore platform.
Multi-billion dollar clean coal dream looks dark
The world’s most expensive ‘clean coal’ fossil-fuel power project is under new pressure, after a major backer backed out of the deal.
ACTU seeks fee change, generally better deal
The ACTU wants to make a temporary LNP-fighting fund into a permanent fee for members.
Ban laid on dodgy claims from FX Primus
ASIC has banned trading group FX Primus from providing services to Australian clients.
Banks pay billions for forex rig
The reputation of international banking has taken another wallop, with fines imposed on major banks for rigging foreign exchange markets.
PayPal pays for sneaky credit claims
PayPal is making millions of dollars in repayments to customers it left short through a range of questionable practises.
Department plugs the fun of Finance
About 800 applicants will be up for just 20 graduate jobs at the Department of Finance, while the agency tries to shake off its cold and uncaring image.