Archived News for Finance Sector Professionals
A former investment advisor in the US has been sentenced to prison for saving all the good deals for himself, while dumping poor trades on his clients.
FSC says ASIC twiddling thumbs
The Financial Services Council (FSC) wants the Australian Securities and Investments Commission (ASIC) to pull its finger out.
Tax and share shift to help small tech
Changes could be on the way that will allow Australian start-ups to hire more staff and better compete with the big players in their fields.
Money, motivation and the shock to stop work
It appears that the idea of retiring to a life of inactivity is disappearing, as older workers chop and change late in their careers.
News in full swing from the 19th!
Hello and welcome back to CareerSpot News for 2015, faithful readers.
Bank bosses defend green credentials
ANZ’s annual general meeting this week saw chairman David Gonski grilled about the bank not doing enough to consider its role in climate change.
Big tax plan dropped in one line
Treasurer Joe Hockey has been accused of breaking his pledge to get tough new tax on multinational companies’ tax avoidance.
NAB kidnap claims see Palmer's PR guy detained
Astonishing reports today say the political media advisor to Clive Palmer has been arrested over the kidnapping of an NAB executive.
Jobs saved by MYEFO sales, but red tape rises
The Abbott government is seeking to save money by abolishing 138 government bodies, but workers say that while this will see a few dollars saved; it will inundate departments with new duties and red tape.
Sick stats show real rate of faking
Up to 43 per cent of workers aged 18-24 admitted to faking a sick day in the past 12 months, according to an online poll of 1,035 Australian workers.
Heavy handed Coles hands out after ACCC action
Coles will pay $10 million in penalties for the 15 instances of unconscionable conduct against eight suppliers it has been willing to admit.
Little hope for return revealed in East West deal
The much-awaited business case for Melbourne’s slated $6.8 billion East West Link has been released following a change of government.
Copper swap counts as NBN progress
The National Broadband Network (NBN Co) and the Federal Government have signed deals with telcos Telstra and Optus to deliver the Coalition's version of high-speed broadband.
Bad seems good in fallacy of maths
New research shows many who claim they are “good” at maths actually aren’t, demonstrating once again the incredible power of self-delusion.
Experts hunt for value in call for reform
Academics have expressed their views on the final report of the Financial System Inquiry, handed down last weekend.
New sources cause rude oil rate
The head of a major energy company has put the five-year low for oil prices in succinct terms, saying; “It’s an uncertain world.”
Short help for farmers facing low long term returns
ANZ says it will stop kicking embattled farmers off their land for the next twelve months.
Spreadsheets at dawn for Excel supremacy
Everyone needs some time to unwind, but very few would fill their holiday hours with complex Excel-based challenges.
All still winning in long-running deal
The Australia and New Zealand Government Procurement Agreement (ANZGPA) stands strong, a review more than two decades after its establishment has found.
Climate costs high either way, inaction won't help
Floods and fires will leave Australia with a mind-boggling damage bill in coming years, the CSIRO says.
Staggered sleeping for jagged thinking
A new study says people who sleep for short periods of time and go to bed very late at night experience more negative thoughts than those with regular sleeping hours.