Archived News for Finance Sector Professionals
NBN Co says it will have to spend 33 per cent more for rural broadband, because it did not estimate how many people would want to be connected.
Regions gather as massive economic input is counted
Queensland councils have pooled their knowledge from their role as key factors in the State's economy.
Big fund to help workers grow away from old industry
The Federal Government has given more details of a large funding pool created to help displaced auto-workers find new jobs.
Break taken before new round of corruption queries
The Independent Commission Against Corruption (ICAC) in New South Wales will take a break to consider new evidence of “serious electoral funding irregularities”.
Debt tax has lack of support, could be smokescreen
It is becoming difficult to find those who believe that the proposed ‘budget debt levy’ is a good idea.
Rural bank set free to nail down more rail
The Victorian Government has pulled a pre-budget, pre-election move that few suspected – selling its Rural Finance Corporation to invest in rail upgrades.
Uranium buy-in against tough times for nuclear
Iron ore mogul Andrew ‘Twiggy’ Forrest has invested millions in a small Australian uranium company.
Generators keep taxing while figuring how to pay it back
The ACCC has warned energy generators that they will have to pay back money collected for the carbon tax, if it is repealed.
Major firms could see financial influence trimmed
A senior federal minister says big companies and unions should be banned from making political donations.
Med scheme meddling may not be best practice
The recent Commission of Audit report suggests big changes are on the way for Australian healthcare.
Swipe and search patents cost Samsung dearly
Samsung will pay $129 million to Apple after a US jury decided it had stolen elements of Apple designs.
Big bank's big numbers surprise some, delight investors
ANZ has posted a half-year cash profit of $3.5 billion, beating forecasts by about $3.4 billion.
Contract claims say money should be aimed at locals first
A key business group and some rising Australian entrepreneurs have slammed the way the federal government chooses suppliers for billions of dollars worth of contracts.
Less HELP could be a hex on attendance
The university sector will be waiting to hear its funding future, with a number of recommendations to reduce the role of public money.
Cuts justified in storm of fake money fear
An Australian economist says the federal budget crisis does not actually exist, but has been made up to sell broad government cuts.
Port sale ships funds out of Newcastle
The world's biggest coal port has been sold for $1.75 billion, but residents of the city it serves may have been short-changed.
Rental rates win pleases local investors
A Supreme Court ruling has stopped one council from increasing rates on rental owners, which several other regions have already done.
Banks' behaviour decried in foreign farm report
A new report by an international aid group says Australian banks have been backing companies overseas that engage in illegal and immoral behaviour.
Rio runs first tests for robo-rail in WA
Rio Tinto is about to start running its driverless train in the Pilbara.
Transurban takes new roads to more spending
A major toll road builder is sinking its teeth into new infrastructure availabilities.
Emissions plan will pay low, expect high, deliver little
The Federal Government has unveiled its white paper on the Emissions Reduction Fund (ERF), a main component of the Direct Action plan to combat climate change.