Archived News for Finance Sector Professionals

The Federal Government appears to be preparing to relax the rules for foreign investment from China, but one Nationals MP says changes must come from a “mature discussion”.

Students drop in real life numbers game

As young people gain greater access to the world of finance, their level of knowledge on how to manage money has dropped.

Study says the right path opens affordable housing doors

A new report says innovative investments should be used to lift the supply of affordable rental housing.

Experts slam big schools spend

Three Australian academics have condemned the $16.2 billion Building the Education Revolution scheme as a stuff-up destined to become “an international case study of government failure”.

Age debate rages as far-off changes come closer

The mere mention of lifting the pension age has sent many into a spin, but with strong indications coming from various authorities it is considered quite likely something will happen.

Collectors cut ahead of tax repeal

The Australian Tax Office has cut over 70 per cent of its workers from the area responsible for collecting the minerals resource rent tax (MRRT).

Family tax cut considered for non-vax parenting

Federal Health Minister Peter Dutton has been discussing plans to withhold tax benefits from families who do not immunise their children.

Liberal expectations in NBN statement

The Federal Government has detailed its expectations for the National Broadband Network, and it is not asking for much.

Mining pup barks with quiet backing

A mining company from the smaller end of the scale says it has backing for a multi-billion-dollar port and rail project at Oakajee in WA’s Mid West.

Network numbers play like sad re-run

Figures this week show commercial television network Ten continues its rough run, with a big drop in pre-tax earnings.

Paper pushes Uni. loan grab

A new report says the Federal Government is missing out on $1 billion worth of unrecovered student loans, but students say they should not be muscled into paying up.

Tech giant toll taken for broad bad behaviour

Slush funds, money laundering, bags of cash and corruption have been revealed as Hewlett Packard’s weapons of choice for invading new markets.

Issues raised in Asian defence technology trades

There has been plenty of discussion on the terms of the free trade agreement between Australia and Japan, which will see the lucrative exchange of multi-billion dollar military technologies.

Green fund fears for future investment in NSW

Two solar farms in New South Wales have their financial backing secured, but there is some trepidation around the future of the state’s renewable investment.

Efficiency drive sees Chinese coal closing

China will close more than 2000 smaller and less productive coal mines as part of its national push to kill low quality coal.

Energy chiefs push for union power wind-back

Some influential groups from the oil and gas industries have told the Federal Government to get cracking on changes to the Fair Work Act, saying billions of dollars and thousands of jobs are at risk.

Mental health reviewed and renewed nationwide

One hundred and fifty important programs have had their funding renewed, as the Federal Government pours $170 million into mental health services.

Mobile squeeze set to increase

Experts on Australia’s digital environment say we should exercise some restraint on mobile networks, as the possibility of overloaded frequencies becomes more likely every year.