Archived News for Finance Sector Professionals - February, 2016
Resource industry analysts say Australia avoided a recession this year, and is now unlikely to have one.
Unions move to form mega-front
Two of Australia’s largest and most powerful unions are one step closer to merging.
Leaks speak of huge lag on NBN
The National Broadband Network (NBN) is not going to meet its rollout targets, according to a leaked report.
Major industries must move with machines
As robots take on more human abilities, a new report on the future of the workforce has been released.
FSU wants tips on ANZ closures
ANZ has announced it is shutting four branches – two in West Australia, one in Queensland and one in New South Wales.
Drones, subs and billions more in Defence paper
Australia will spend nearly $30 billion on new planes, submarines, soldiers and other military matters after the release of the Defence White Paper today.
WA town swipes at miners' missed rates
A rural council at the heart of the resources sector will soon crack down on miners and mining companies not paying their rates.
Gender-productivity link highlighted
Research suggests the number of work-family programs at an organisation is linked to higher productivity and earnings.
BHP figures show need for new plan
BHP Billiton has posted a half-year loss of $US5.7 billion ($7.84 billion), as its interim dividend drops from 62 to 16 US cents (22 cents) per share.
Expert chips at IA's big plan
Infrastructure Australia (IA) has put out a 15-year plan for 93 major projects that it says will only be possible after big changes.
Forces joined in port purchase
A tussle over who will buy Australian port-and-rail operator Asciano continues, with two big players looking at a joint bid.
Morrison moves to pin down local profits
Multinational companies that avoid paying tax on Australian earnings could soon be forced to sell their assets.
FSU taking swings at itself
Reports this week shed some light on the vicious in-fighting at the Finance Sector Union.
Logging grift hollowing out PNG
Papua New Guinea is suffering in the same way that many of its larger neighbours do – as big companies in major industries come up well short on their tax bill.
New pay deal sees some topping up
Some Commonwealth departments and agencies are moving to top-up employees’ pay packets after the Federal Government softened is bargaining arrangements.
Employers told to talk though sickies
Australian workers are among the world’s most likely to take a sickie, and experts say it could show something deeper about our organisations.
Guilty plea in Vic. Liberal rort
Former state director of the Victorian Liberal Party, Damien Mantach, has pleaded guilty to siphoning close to $1.5 million from party coffers.
Federal funds keep mining ticking over
The Federal Government has congratulated itself for the successful Federal Exploration Development Incentive (EDI).
SA wants waste opportunity
South Australia is lining itself up as the new home of nuclear waste in Australia.
Watchdog to wrestle runaway fuel price
The competition watchdog wants Australia's major petrol retailers to explain their massive retail margins.
China lines up $1.7b browser buy-out
The Norwegian firm behind the somewhat popular Opera web browser has been offered a $1.7 billion buy-out.