Archived News for Finance Sector Professionals
The Federal Government has failed to make the cashless welfare program permanent, but has won an extension.
New debt deals questioned
Incentives for Centrelink’s new debt collectors have revived Robodebt concerns.
ATO shows mass avoidance
The ATO has released its latest corporate tax transparency data, showing hundreds of companies have reduced their tax bills to zero.
Casual switch questioned
The Federal Government is defending its planned IR reforms against concern that the changes will not do what they claim.
Kogan slapped for tax claims
Electronics retailer Kogan has been fined over claims made in a tax time promotion.
Climate risks extend to rich
A new report finds no country – whether rich or poor – is immune from the health impacts of worsening climate change.
LNG controls concern firms
Australia’s big east coast LNG exporters will soon face formal price controls for the first time.
Miner fined for misinterpretation
Bravus, formerly Adani, has paid a $26,000 fine for “misinterpreting” its environmental approval conditions.
State boots banks from school
Victoria has banned Commonwealth’s Dollarmites scheme and other “low-quality” school banking programs.
SA considers code deal
South Australia is considering boosting MP’s pensions in exchange for anti-lobbying rules.
Military 'waste' alleged
Australia’s military and defence spending is reaching an eye-watering level.
Banks lax on tech risks
Australia’s big banks have been slammed for their lax cyber security practices.
JobSeeker level surveyed
Economists have been surveyed about the appropriate level of welfare in Australia.
UK launching tech regulator
The UK is setting up a new watchdog for Google, Facebook and other tech giants.
Equality efforts on 'autopilot'
New data shows a decline in employer action on gender equality prior to the impact of COVID-19.
High cost for Cormann's bid
Outgoing finance minister Mathias Cormann is flying around Europe on a private RAAF jet to bid for a new job at the OECD.
Lost documents return
Destroyed documents at the heart of a grants controversy in NSW have been recovered.
Safety nets saved 500k
Research shows JobKeeper, JobSeeker and Coronavirus Supplement saved 500,000 families from financial distress.
Qantas staff bid for jobs
Qantas workers have warned safety could suffer if big outsourcing plans proceed.