Archived News for Finance Sector Professionals - July, 2014
Push for rules to slow rampant asset sales
The Senate is looking for some extra conditions before passing the Federal Government’s asset recycling bill.
ASIC app brings small business to smartphones
ASIC has launched an app to help small business owners keep on top of their obligations.
Call for unfair school funding to be undone
School staff want WA’s school fee system changed, saying voluntary charges mean schools in poorer areas miss out.
Debt dealings detailed in new collection guidelines
The ACCC and ASIC have launched a new version of ‘Debt collection guideline: for collectors and creditors’.
Ex-judge to oversee CBA self-probing
Commonwealth Bank will conduct an inquiry into the misconduct of its own financial advisers.
FRC figures to bring clarity and harmony
The Finance Minister has announced three new figures will stand as part-time members of the Financial Reporting Council (FRC).
Young leaders lean to enhanced employment
The planning group for the upcoming Y20 youth summit has unveiled its priorities for this weekend’s gathering in Sydney.
ATO's great divide highlighted at crucial time
A tale is emerging of Australian Tax Office senior staff taking a break in luxury, while thousands of foot-soldiers fight to save their jobs.
SA scraps it all to start again
The South Australian Government is looking to start with a blank slate, scrapping all government boards and committees and only reinstating those which can prove their worth.
Muir takes the wheel on ARENA funding
An unlikely saviour has emerged for an important government body aimed at bringing more renewable energy to Australia.
CommBank's compo deal dubbed "empty" and "too slow"
Not everyone is buying the Commonwealth Bank’s offers of compensation and more reviews, as its financial advice furore continues.
GE Money fined for big deceit in credit claims
GE Money has been fined $1.5 million for deceiving its customers.
Interest rise waits while RBA gets 'comfortable'
The Reserve Bank boss has used a recent speech to announce that an official interest rate rise could be months off, and that the Australian dollar may be a few cents too high.
Payday rort taken to court for two
ASIC is launching court action against two payday lenders for avoiding consumer protection laws.
TAFE-Uni linked launched in $200 million push for the bush
The Federal Education Minister has officially opened Queensland’s first dual sector university.
Councils' unbalanced books questioned
New South Wales Local Government Minister Paul Toole has some stern words in store after reading the report cards of several regional councils.
Innes buries lifter-leaner claims in push for more work
The outgoing Australian disability discrimination commissioner has reflected on his years in the role, the state of Australian disability support and workforce, and taken a swipe at the Federal Government.
Abbott's maths backwards on green costs
Prime Minister Tony Abbott has delivered a damning criticism of renewable energy, slamming the technology as the leading factor behind high Australian energy prices.