Archived News for Finance Sector Professionals
Global finance giant Bloomberg has joined with the Australian Government on a $100 million health program.
Low pay from life insurance planned
A plan to scrap big life insurance commissions could see an end to the careers of many financial planners.
Committee says asset-selling fund misses point
A Federal Parliamentary committee has slammed the Federal Government's Asset Recycling program.
Small nudge for big effect in liquidation
Business simulation experiments have shown simple interventions could increase compliance by company directors whose companies are undergoing liquidation.
Workforce warned before robot revolution
Robots will change the Australian workforce in the next decade, according to some.
Leighton looks for better luck with new name
Leighton Holdings is changing its name to avoid corruption allegations.
ASIC to check power pole report claims
A furore is forming over a UBS report into the election promises of the NSW Liberal party.
Caution urged on android advice
Members of the superannuation sector have warned about the risks of relying on technology and robo-advisers.
Experts speak on super insurance back door
Insiders say planners are using generous superannuation fund group insurance deals to get cover for people who would otherwise not be accepted.
Planners' dealings caught in metadata sweep
The Federal Government’s data retention bill passed the lower house last week, and could soon give authorities new access to the telecommunications data of financial planners.
Harsh words and hand-outs on Close The Gap day
Last Thursday was national Close The Gap day, and while events were on around the country to address Indigenous inequality, the Prime Minister’s top Indigenous advisor had some harsh words for his boss.
Vic seeks budget switch to dodge federal hits
The Victorian Government may move its future budget announcements to avoid being blindsided by the Federal Government.
More lean toward big China building bank
There is strong speculation that the Federal Government will switch its stance against a big Chinese bank, in the hope of securing money for infrastructure.
ASIC takes aim at investor advice
The Australian Securities and Investments Commission (ASIC) has stockbrokers and investment advisers in its cross-hairs.
Indecision leaving studies unfunded
The Business Council of Australia (BCA) says the Federal Government is jeopardising jobs by holding research funding “hostage” while it tries to intervene in the university sector.
Investments questioned as local money hits US road
A big Australian super fund is investing in US projects due to a lack of opportunities at home.
New job rates detailed
Unemployment has slipped down to 6.3 per cent, with 15,600 jobs added in the latest period.
Roy Morgan registers self-managed satisfaction
New research shows self-managed super funds (SMSFs) have the most satisfaction with financial performance.
Capping chief's pay as key to good choices
Capping and regulating CEO payments, including performance bonuses, could help make companies more profitable in the long term, experts say.
Building risked by super switch
A major superannuation group says letting Australians make more choices for their retirement savings could stop investments in large infrastructure projects.