Archived News for Finance Sector Professionals - May, 2014
New details show the financial services industry will pay $30 million less for regulation, with the release of the Federal Government’s levies to be charged to regulators.
The chief of one of the world’s biggest mining firms says protectionist trade barriers set up to weather the storm of the GFC are no longer necessary.
Department officials have been asked to to explain how a $1 billion cut to increases in council payments will affect regional Australia, and some are less-than-happy with the answer.
Building products giant James Hardie may have doubled its revenue this year, but the company’s toxic past keeps knocking numbers down.
There is very little support around for Queensland Premier Campbell Newman’s latest legal moves, which critics say are designed to spare his government the embarrassment hitting the LNP in New South Wales.
Some leading figures in the Australian research community say the $20 billion “medical research future fund” is a good idea, but will not work unless the policy-makers start listening to scientists.
An expensive few days at Leighton Holdings, as the engineering and construction giant pays out a $70 million class action and gives a $23 million golden handshake to two departing executives.
Higher education changes mean students will now have to pay interest on their HELP loans, start repayments at a lower wage, and universities have had their cap on tuition fees lifted.