Archived News for Finance Sector Professionals - October, 2013
Students hoping to be the next Elon Musk, Carl Icahn or even Clive Palmer will have their shot soon at the Melbourne University, with a young entrepreneurs competition reaching its final stages.
Medibank manager spots sale on horizon
There are strong claims this week that the Federal Government will move to sell Medibank Private, possibly during its current term, in a move that could bring in billions.
Public disdain of cheap houses built by media, politicians
A survey suggests concerns about affordable public housing bringing down property values and generally ruining the neighbourhood may be unfounded.
Public worker chased-down by embezzlement beast
Recent events have shown how difficult it is to escape a dodgy history, after a public servant was sacked based on embezzlement charges from a previous job.
CSIRO helps shoppers face reality online
The risk of buying clothes online is well-known to shoppers these days, but science may help remove that fear.
Adobe hacked, source codes and info jacked
Millions of users on some of the most popular software in the world will have to wonder who holds their data, with Adobe revealing it was hacked and had masses of information stolen.
Changes could come in TWTR push for profit
With Twitter’s planned billion dollar stock market float coming up, speculation abounds as to what changes may be made in a push for profitability.
Optus swoops on NSW contract
Optus has beaten its perennial Australian rivals to secure a government contract for IT services.
Rio's robots drive tension, save money
Mining giant Rio Tinto is helping usher in the robot revolution, with its plan to replace some of the world’s highest-paid train drivers with robotic equivalents.
Erratum highlights rough state in Spain
The Spanish government has moved quickly to undo a typo worth billions of dollars.
France mulls bans to boost little book-sellers
Politicians have approved a bill that bans the online-superstore Amazon from offering free postage on books into France - a move that was crippling small French bookstores.
Leighton case shows big players make rules
An expert on corruption in the corporate world says allegations of dodgy deals at Leighton Holdings show the lack of respect for and authority in Australia’s regulatory bodies.
Push to mill Gay for remaining cash
An insider-trading case could be thrust back into court, with the Federal Police considering re-opening investigations of former Gunns timber boss John Gay.
When the roof catches fire, the US may have no water
As the United States prepares for its fourth day of a stoush over healthcare funding that has shut down the country, experts are trying to quantify the effect it will have on various sectors.
Grain farmers push for time to inquire
The Federal Government may delay its decision over whether to allow an American firm to buy out one of the country’s most prominent grain companies.
Industry Minister holds on new plan for Holden
Australia’s Minister for Industry has visited the site at the centre of a beloved Australian industry.
Payers push for tighter belt on politicians
Ratepayers across Queensland have just a few weeks left to put a price tag on their politicians.
Robots invade increasingly tricky jobs
Ever since clog-wearing Luddites threw their shoes into automatic looms in the 15th century, people have feared having their jobs replaced by machines.