Archived News for Finance Sector Professionals - December, 2012
Excessive and overly complex regulation is crippling productivity at a national and industry level, according to a survey report prepared by the Australian Financial Services Council-DST Global Solutions.
The Asset Owners Disclosure Project (AODP) has released the first ever global change investment index, showing how the world’s biggest investors are managing climate risk.
The Commonwealth Bank has announced a suite of upgrades to its online technology services, with the bank launching its flagship Kaching service on Facebook and a complete redesign of the service for the Android platform.
Treasury has released the country’s National Accounts for the September Quarter, showing the despite the impacts of the jittery global economy, economic growth is predicted at 3.1 per cent.
The Reserve Bank of Australia (RBA) has cut the country's official cash rate to its lowest point since the depths of the global financial crisis in 2008. Governor Glenn Stevens announced the 25 per cent cut last Tuesday, bringing the rate to 3.0 per cent.
The Federal Government has released a discussion paper covering the possible options for the use of Standard Business Reporting for the lodgment of financial reports with the Australian Securities and Investments Commission.