Archived News for Finance Sector Professionals
The Reserve Bank of Australia (RBA) is buying billions in sovereign government bonds.
TAL cutting COVID coverage
One of Australia's biggest life insurers is trying to avoid payouts to customers who die from COVID-19, including frontline doctors.
Cashless card scheme paused
New welfare recipients will not be forced onto controversial cashless debit cards.
WMO wants green goals retained
Experts say the global COVID-19 shutdown should not be an excuse to stop climate action.
Airlines in bailout stoush
Virgin Australia wants the ACCC to investigate claims by Qantas about potential bailouts.
Virus measures sail through
The Federal Government has passed $83.6 billion worth of stimulus measures ...
Private schools get funding boost
The Federal Government has found time to give private schools a $3.4 billion boost.
Tax tightened with tech measures
The ATO is turning to technology to help its tax avoidance taskforce.
Airlines landing hard
Australia’s airline operators are taking big hits as COVID-19 smashes the sector.
Banks back off repayments
The Australian Banking Association (ABA) has announced a six-month deferral of all loan repayments for businesses affected by COVID-19.
Insider slams club lobby
A whistleblower is suing the powerful ClubsNSW business lobby, alleging bullying, sham contracting and underpayment.
RBA easing to avoid recession
The Reserve Bank has announced quantitative easing measures to help prevent a recession.
Experts slam Federal 'abuse'
Lawyers say the Federal Government ‘sports rorts’ saga is just one instance of broader, systemic abuse.
MCA backs stimulus
The major mining lobby has labelled new economic stimulus “good news” for mining juniors.
Sub study plugs nuclear option
Australia's $80 billion Future Submarine Program is “dangerously off track”, according to a new report.
Supply and demand issues for oil
Oil prices have seen their biggest week of losses since 2008, rocked by pandemic issues in a market flooded by Saudi Arabia and its allies.
Experts reflect on cash splash
Economists are responding to Prime Minister Scott Morrison's economic stimulus package.
ATO issues false debts
An IT error has reportedly led the ATO to issue false, years-old tax debts worth thousands of dollars.
Court for Facebook's data leak
Facebook is being taken to Federal Court over alleged privacy breaches stemming from the Cambridge Analytica scandal.