Archived News for Finance Sector Professionals - October, 2013
National Australia Bank chief Cameron Clyne has backed warnings from the RBA to all Australian lenders, saying they should maintain tight control over lending practices even when the interest rate is low.
Media boss Rupert Murdoch addressed some of Australia’s most prominent figures last night, praising the nation for overcoming the “primeval prejudices” and “stuffy, narrow-minded elitism” of its colonial past.
There has been widespread criticism of a proposal to move Centrelink’s front desk duties to Australia Post outlets, after the Treasurer confirmed it was an option.
The people in charge of a new plan to deliver the next generation of Australia’s internet infrastructure have got some of the advice they need at a summit in Stockholm.
A recent university report has been used to highlight the dangers of understaffed emergency rooms and facilities, with figures showing a 15 per cent higher hospital death rate on weekends.
Treasurer Joe Hockey was responding to fears over lost potential resource profits in his recent move to raise the debt ceiling and boost the RBA, reports say.
Schools in New South Wales have seen the start of benefits from the multi-billion dollar education funding reforms installed by the previous federal government.
Debts and the fear of mismanagement has led to a large-scale spill of the executive board for several tourist resorts and centres in the Northern Territory and Queensland.
Industry Minister Ian Macfarlane says the release of exploration permits for offshore petroleum reserves shows the resources sector is still strong, despite spilling from the mainland into the ocean.
The Federal Government’s modification of Australia’s policies and general stance on climate change has been criticised by international authorities, prompting the Prime Minister to claim one expert did not know what she was talking about.