Archived News for Finance Sector Professionals

The South Australian Government has laid out plans to put aside millions of dollars a year for future spending.

Stats show Australia's got builders in

Australia appears to be stuck-in to construction and renovation, with employment rates in the building industry at a record high.

Inquiry on in-transit injuries

There is a push on in Queensland to patch up compensation laws which some say are unnecessarily skewed.

Roy Hill contracts spread half-billion dollar spend

An Australian company has received the go-ahead for an enormous project to build railways to carry resources across Western Australia.

Auditors asked to lay off the little guy

The federal Minister for Small Business has instructed the Australian Tax office to lay-off on audits of independent contractors and the self-employed.

Easy sell on smart arm for strokes

Researchers at north Queensland universities have reportedly been fending off waves of interest in their new robot arm for stroke suffers.

Lack of communication costs Vic. government

An audit has found Victoria’s three largest government agencies cannot be confident they are managing their spending on telecommunications.

Power in SA; clean, green and cheap

A recent study has found South Australia is reaching an ideal mix of cleaner, greener and cheaper energy sources, with residents paying $88 per year less for electricity now than in 2009.

Grand Theft manages billion dollar haul

Anyone doubting the legitimacy of video games as an industry or medium has almost nothing left to stand by, with the release of the newest Grand Theft Auto game raking in over a billion dollars in its first three days.

Loss after loss for Norway's worst gambler

A Norwegian high-roller has lost his attempt to sue an Australian online betting agency.

Overseas charge prompts top ASX men to bail

Short-selling charges for a hedge fund in the US have led to the resignation of two directors from the ASX.

Regulators harpoon JPMorgan's whale

JPMorgan Chase will pay nearly a billion dollars in fines to US and British regulators, after admitting its involvement in the “London Whale” trading kerfuffle.

Stormy conditions settling at Billabong

The rolling tide that is Australian surfwear company Billabong seems to have landed on new shores, settling on a finance deal and new chief executive for the label.

Publishing pay to nullify nattering

One company has made an interesting move to combat inter-office jealousy over rumoured pay rates; telling everyone in the company exactly what everyone else earns.

Big farm funded as green bank faces demise

A massive wind farm in Victoria has been awarded $70 million by the Clean Energy Finance Corporation, in what may be the last such renewable energy pay-out for some time.

Stick to the list to waste the waist

Obesity remains one of the major public health challenges internationally, with weight-loss quick-fixes arriving at a constant rate, but rarely sticking around long enough to help.

Counting dirty money for GDP

New statistics from the ABS say illegal drugs add about $6 billion to the Australian economy every year, with cultivation shaping up as a rapidly-mushrooming domestic market.

Myer's multi-million high fashion buy-out

Two of the hottest names in fashion will have a bit more cash to burn soon, with Myer announcing it will complete its buy-out of Sass & Bide worth about $30 million.

Palmer puts tax talk to bed

Queensland’s big man of mining has cleared up his $90 million tax dispute and is ready for the possibility of taking up a role in federal government.

Shareholders enticed by $24 billion Dell deal

The stoush over the value of the Dell computer brand seems to have subsided, with reports shareholders have finally agreed to a $US24.9 billion buyout offer put forward by founder and CEO Michael Dell with venture group Silver Lake Partners.