Archived News for Finance Sector Professionals
The Australian Taxation Office (ATO) says it is owed an unprecedented level of unpaid tax - now over $100 billion.
Cash collaboration backed
The ACCC has approved collaboration to safeguard Australia's cash-in-transit services.
Genetic discrimination addressed
Australia is banning life insurers from using genetic test results to determine coverage.
Coalition bails on RBA reforms
Treasurer Jim Chalmers is looking at new options after the Coalition pulled out of RBA reform talks.
Google facing court hits
Google has lost its legal battle with the European Commission over a 2.42 billion euro fine.
Gas imports dubbed "failure"
Australia, one of the world’s largest gas exporters, is poised to begin importing natural gas.
ICAC shows lobbying gaps
A new report has revealed major flaws in South Australia's lobbying regulations.
Shorten leaves with robodebt pledge
Bill Shorten says advocacy for robodebt victims will continue after his retirement.
ASIC updates administrators
ASIC has released updated misconduct reporting guidelines for administrators.
RBA boss feels pain
RBA Governor Michele Bullock says persistently high inflation continues to strain Australian households.
AI protections proposed
The Federal Government has outlined new “guardrails” for businesses’ use of AI.
Consumers' tech trust measured
Despite being keen for new retail technologies, Australian consumers appear to fear and mistrust them.
First Nations trade celebrated
A new report shows the growing international success of First Nations trade and tourism businesses.
Local rules for state buys
NSW is shaking up its $42 billion procurement system, demanding agencies prioritise local businesses or explain why not.
Jail time for ATO bribe
A Sydney businessman has been jailed for bribing an ATO official to slash millions off his tax bill.
Coal closure profits shown
Research suggests shutting down coal-fired power stations can be profitable for investors.
Comyn attacks Greens tax
Commonwealth Bank CEO Matt Comyn has slammed the Greens' proposed profit tax as “insidious populism”.
Deal made on RBA changes
Labor's push for Reserve Bank of Australia (RBA) reforms is moving forward, with significant concessions.