Archived News for Finance Sector Professionals
The Commonwealth Ombudsman has told agencies to quickly fix thousands of unlawfully miscalculated welfare debts.
Combo bill criticised
The Albanese Government has been criticised for combining changes to the Petroleum Resources Rent Tax with a bill to avoid a new PwC scandal.
Concern over COP leader claims
The president of COP28 says there is “no science” behind calls for a phase-out of fossil fuels.
Climate loss fund formed
COP28 nations have established a new climate fund that some already see as inadequate.
Hopes pinned to new threat
ASIC is threatening criminal sanctions in its response to the PwC scandal.
ATO pauses debt search
The Australian Tax Office (ATO) has halted its pursuit of historical debts from tens of thousands of taxpayers.
COVID spending counted
Almost $14 billion was spent on Australia's health system response to COVID-19 up until mid-2022, according to a report from the Australian Institute of Health and Welfare.
Crypto draws vast water
New research shows cryptocurrency mining uses a significant amount of water.
EV tax paying back
Victoria's government will refund $7 million in taxes collected from electric vehicle (EV) owners after the High Court declared the tax unconstitutional.
Optus probes seek info
Inquiries are scrutinising the high profile Optus outage that left some without triple-0 access.
Staff gifts slammed
An investigation by the Integrity Commission in Tasmania has revealed public servants accepting gifts, including sports tickets, dinners, and Coles gift cards.
Lobbies fear IR spree
Major business lobbies say the Government is trying to rush IR amendments with no consultation ...
"Final" pay deal shakes unions
The latest Australian Government wage deal has sparked union discontent.
IEA warns old oil
The IEA says oil producers must shift 50 per cent of investment to clean energy by 2030.
Pezzullo swiftly sacked
Prime Minister Anthony Albanese has dismissed Mike Pezzullo, the Secretary of the Department of Home Affairs ...