Archived News for Finance Sector Professionals
Federal MP and (possibly former) mining magnate Clive Palmer has resigned several directorships ahead of a court battle with a Chinese conglomerate.
Heads roll at GM after years of failure
General Motors has fired 15 of its top people over a deadly ignition scandal.
Model meddling makes uni claims unclear
More voices have added to the furore over changes to lift university fee arrangements.
Premium doubling ahead as climate changes insurance
Consumer group Choice says high home insurance premiums are on the horizon, as climate change brings a storm of new damages.
Teaching test to ensure best base
Future teachers in New South Wales will have to pass a literacy and numeracy test before they head back into the classroom.
Northern gas rising, hopes held it will flow to regions
New estimates have shown the rise of gas as a major part of the Queensland economy, and regional bodies want to make sure they see a slice of profit.
Power price shock prompts call for regulatory switch
Some South Australian energy customers may feel they are being rorted, with revelations of one company’s soaring profits.
Tax changes sought to ease task of cutting
Public servants have launched a legal challenge over changes to redundancy conditions, which could see some ousted sooner than expected.
Banks take swipe at card crime claim
Tap-and-go credit cards are convenient for consumers, but Victorian police say they are also convenient for thieves.
Hunter looks for game outside old oil
Investment fund Hunter Hall is ending its relationships with fossil fuel companies.
Levy mix change means less overall
New details show the financial services industry will pay $30 million less for regulation, with the release of the Federal Government’s levies to be charged to regulators.
Millions of jobs and trillions of dollars in open trade, BHP says
The chief of one of the world’s biggest mining firms says protectionist trade barriers set up to weather the storm of the GFC are no longer necessary.
Forethought on big council cut questioned
Department officials have been asked to to explain how a $1 billion cut to increases in council payments will affect regional Australia, and some are less-than-happy with the answer.
Post to stay public, as will submarines
The Finance Minister says Australia Post will not be privatised.
Round two in legal rates rights fight
The Local Government Association of Queensland (LGAQ) has lodged its appeal against a Supreme Court decision on the way councils can charge rates.
Slashing starts as toll taken on Tax
Four Australian Taxation Offices (ATOs) in Queensland will close, as the Federal Government winds down all regional tax centres.
Liberal slams CSIRO cuts for lack of federal understanding
Despite efforts to avoid it, millions of dollars in budget cuts will force CSIRO to close down several sites for world-leading research.
Sites on the line as coal bosses look at rough patch
Coal giants say the Australian industry is being squeezed to its limit by high taxes and strong local dollar.
Advice game-changer leaves next play unclear
Some authorities say the federal government's plan to diminish financial advice laws will cost half a billion dollars a year for consumers.
Past poisons big builder's figures, with possible billions to pay
Building products giant James Hardie may have doubled its revenue this year, but the company’s toxic past keeps knocking numbers down.
Anger over reforms allowing deeper dodginess
There is very little support around for Queensland Premier Campbell Newman’s latest legal moves, which critics say are designed to spare his government the embarrassment hitting the LNP in New South Wales.