Archived News for Finance Sector Professionals
There is new evidence that expert advice was ignored or dismissed in the Adani Carmichael mine approval process.
Emails pull PM into sports rorts
The Australian National Audit Office (ANAO) has provided new details in the ongoing ‘sports rorts’ saga.
WA mines playing major role
Experts say WA’s decision to keep mines open is helping prop up Australia’s economy.
BP hit hard
BP says it is keeping its commitment to net zero emissions, despite rising costs pressures and reduced profits.
CBA closing branches
Commonwealth Bank has closed over 100 branches and is attempting to redeploy around 500 staff.
FIRB backs telco merger
The Foreign Investment Review Board (FIRB) has approved the $15 billion merger between TPG Telecom and Vodafone.
ICAC looking at uni VC
ICAC is investigating allegations of improper conduct by the University of Adelaide’s vice-chancellor.
QLD opens fossil fuel fields
The Queensland Government’s latest COVID-19 stimulus measure is to open up almost 7,000 square kilometres of land for coal and gas exploration.
Fast track for $2.2b development
The approval fast-track in NSW appears to be working, with a $2.2 billion redevelopment signed off ...
ABC declines for decades
The ABC has lost over $350 million a year in funding since 1985, a new report shows.
High costs for insured cancer
New figures show patients with private health insurance are paying almost twice as much in out-of-pocket expenses for cancer treatment.
Musk remarks hit stocks
Tesla CEO Elon Musk has said the company’s stock price is too high, causing it to tumble.
ANZ expects loan hit
ANZ has put $1 billion aside for coronavirus-related loan losses amid a 51 per cent slump in profits.
Feds make redress threat
The Federal Government says some survivors of child sexual abuse have died waiting for redress scheme payments.
NAB, CBA offer repay reduction
Two major banks have announced changes to their repayment requirements.
Angus accused on three fronts
Energy Minister Angus Taylor is being criticised for obfuscation and opacity on a number of important matters.
Funds flow to regional flights
Regional Express has secured funding to double flights to regional and remote areas.
ACCC allows mining links
The competition watchdog has allowed mining companies to work together in ways that they previously could not.
ACCC expands energy links
Regulators have expanded the potential for cooperation in the energy sector.
MP calls for power plan probe
The auditor general has been asked to investigate a Morrison government scheme to underwrite gas, hydro and coal power.