Archived News for Finance Sector Professionals
Adjustments to the way the Australian Energy Regulator sets it prices should spell the end of massive spikes.
Twitter's free speech defender flies before IPO
The top lawyer and advocate for free speech at Twitter has left the company; the surprise move comes as Twitter prepares for its long-awaited initial public offering.
Costings claims called out
Accusations of economic untruth are being flung from all sides of the political arena today, with Federal Budgetary Office and federal Treasury policy costings called into question.
NAB drops the axe on jobs, Union calls for composure
The Financial Sector Union has warned more jobs might face the guillotine as the National Australia Bank scrambles to improve its figures.
Qantas taxies to profitability
The nation’s largest airline has announced a return to profitability, but by a pretty slim margin.
More support to green-up Victorian business
The Victorian Government has announced a significant expansion of its business support program.
Irrigation options opened
Recent changes have come into place giving irrigators and irrigation groups more options for their tax treatments.
Top-end skeptical of sweet-talking southerners
In the lead-up to next weekend’s election both major parties have made broad promises pertaining to the northern end of the country, but the people who actually live there have questioned the feasibility, viability, equity, and validity of the pledges.
Australian uranium unsteadied by global happenings
A South Australian uranium mine has reported losses of $60 million over the last two years, recently blamed on the fallout from the Fukushima disaster.
Engineers look to put poor year in the past
A major Australian engineering firm says it has been hit hard by a recent downturn in resource spending and abandoned construction operations.
ASIC praised for dropping list
A big player in the financial services education provision sector has put its support behind moves by the Australian Securities and Investments Commission away from overseeing training and education.
Board moves amid mild media woes
There are rumours that Fairfax Media may be eyeing an executive change-up, with reports major shareholder Gina Rinehart may be looking to attempt a board spill.
Packer offloads SEEK, Magellan - now seeking new grounds
Some may be scrambling to move on the information that James Packer has sold his stakes in employment website SEEK and the Magellan Financial Group.
Reshuffle in banks' executive deck
Musical chairs continue at two of Australia’s big lenders, with word that ANZ and the Commonwealth Bank are scouting for new blood on their executive team
Unexpected influx catches coffers short
The Western Australian Government has added an $80 million top-up to its education fund, reportedly to deal with a surge in student numbers.
Commission holds back on NBN access plan
Australia’s competition regulator has withheld its decision on whether to accept the long-term pricing plan put forward by NBN Co.
Ghana aims for more mutual gains
A commissioner for Australian trade in West Africa says it is time to strengthen the already healthy economic ties with Ghana.
Rural businesses still sturdy
New statistics show the strong Australian tradition of bush entrepreneurialism is still alive and kicking.
Singapore signals for support
Singapore says it could do with some Australian assistance in the healthcare, infrastructure and education sectors, with plenty of opportunities to benefit.
Car-makers blame fleet drops on FBT plans
A major car-maker has blamed proposed changes to the Fringe Benefits Tax for a drop in orders over the last fortnight.
Fund agency takes HR online
An Australian government fund-management agency has announced a much-needed overhaul of its HR system, moving from paper forms and manual filing to digital technologies.