Archived News for Finance Sector Professionals

BHP Billiton is putting pressure on its suppliers to take cuts of up to 25 per cent so the major miner can save some money, and analysts say others will follow.

Foreign buyers' free ride derided

The House Economics Committee is calling for stronger enforcement of foreign property investment rules.

Kernel of concern over ACORN portal

Australia residents who spot cybercrimes in progress now have an avenue to report it.

MOOC mooted for better public numbers

The Department of Prime Minister and Cabinet is working on a massive open online course (MOOC) to train public servants how to calculate the financial impact of new regulation.

PBO finds budget figures trumped, risk of falling short

The Parliamentary Budget Office (PBO) has warned that the Federal Government will need to practice some serious spending discipline to avoid bad budget figures and economic shock.

Watchdog wants lobbyists to leave their names

Queensland’s new Integrity Commissioner says in-house lobbyists should have to declare their contact with government ministers.

Gender stats show sorry state, slow to change

The Workplace Gender Equality Agency’s latest report shows women are under-represented in management positions, and underpaid as well.

Households help Medibank see big first day

Mum and dad investors have leapt onboard for the public float of Medibank Private, lining the Government up for a $5.7 billion sale.

BHP split spruiked amid low iron price, high concern

Environmental concerns have come into play in BHP’s decision to split itself in two.

Future Fund quizzed on tax and gas

A fiery Senate estimates hearing in Canberra has seen former treasurer Peter Costello forced to defend the Future Fund's investment decisions.

Paper probes local banks' role in China's new scene

A new report shows the central role that Australian financial services could play in the country’s booming relationship with China.

Call for more say in competitive arena

The Victorian Local Governance Association (VLGA) has made its submission to the nationwide competition review, demanding a greater say on the rules it will be asked to enforce.

Strike set but no threat to DHS daily activities

Workers across the Department of Human Services (DHS) have voted in favour of taking industrial action over enterprise bargaining negotiations.

Work/life rebalanced on good day to go home

Go Home On Time Day was on this week - a day for awareness about the risks of working too hard.

China deal will see transport, resource, services boost

Many of Australia’s major exports can flow more freely into China, with the official signing of a new free trade agreement.

Compo claim banks decided in NSW

WorkCover NSW has decided which agents will provide claims and policies for new compensation payouts.

Nation's newest airport could be site of rural revival

The tarmac is heating up at Australia's newest public airport, with flights from the Brisbane West Wellcamp Airport near Toowomba now departing.

Local home for broad building hub

A Global Infrastructure Hub will be set up in Sydney to increase investment, after a deal was brokered at the G20 summit on the weekend.

Job worries as Mackay outsources

The Queensland Services Union wants a better look at the Mackay Regional Council’s new private consulting partnership.

Push to build balance with Robin Hood approach

A push is on to take a 0.05 per cent tax from big financial transactions instead of levying GST across the board.

Fizzy drinks to FSC as Coke boss trades in

Former Coca-Cola Amatil executive Sally Loane has been appointed to the Financial Services Council (FSC), replacing outgoing chief executive John Brogden.