Archived News for Finance Sector Professionals

ANZ has been forced to refund 25,000 customers approximately $5 million after it failed to properly apply some fee reductions and fee waivers.

INPEX seeks to move green goals

Reports say INPEX is trying to renege on an agreement for $30 million worth of environmental projects.

Pay talks stuck on size of rise

Unions want an increase of $30 per week in the minimum wage, but that is three times more than the retail industry says it can afford.

Tech giants tell NBN boss he's right

NBN's chief executive Bill Morrow says he has visited the homes of tech giants Google and Facebook, and confirmed that people do not want fibre optic internet at home.

Transport re-jig could boost city fringes

An interesting idea has been lost in the furore over income tax reform.

Morrison unleashes clearing competition

The Federal Government says it is promoting competition by stripping the ASX of its legislated monopoly on share clearing.

Government smooths path for ICT SMEs

Innovation Minister Christopher Pyne has announced the first stage of an online Digital Marketplace for smaller businesses to access government’s $5 billion annual spend on ICT projects.

Healthy $7b slammed as silencer

The main doctors’ lobby is excited by a possible $7 billion emergency hospitals funding deal between the Federal and state governments.

Gas slump sees Browse off for now

Energy giant Woodside has shelved its gigantic Browse floating LNG project off Western Australia, and the Federal Government feels aggrieved.

Nimble made to repay

Payday lender Nimble Australia has been order to pay back $1.5 million to over 7,000 customers after not meeting its lending obligations.

Nuclear plan's economics slammed

South Australia’s enthusiasm to build a nuclear waste storage facility may be tempered by a new Australia Institute report.

Tax stats show ongoing grift

The latest corporate tax transparency figures show almost a third of companies earning over $200 million paid no tax.

Call to protect outback engine

The Queensland Resources Council (QRC) wants a north-west economic zone to be created to protect important mining areas from economic ebb and flow.

CAT stats show size of slump

The depth of the slump in global mining is evident in machinery giant Caterpillar’s latest figures.

Glencore rail set for sale

Glencore is selling its Hunter Valley coal rail assets.

Live gambling ban planned

The Federal Government could regulate the rapidly-expanding world of online gambling.

Data shows strong finance glass ceiling

Female accountants hit the glass ceiling because of outdated work cultures and gender-based discrimination, research shows.

Sweet drink tax could can obesity

The UK Government is imposing a tax on sugary drinks to help tackle obesity, leaving many to wonder if the same thing would work in Australia.

Training claims taken upstairs

The administrators of a collapsed training company have raised allegations of a massive rort.

IA paper backs councils' road claims

Infrastructure Australia has released its 15-year Australian Infrastructure Plan, and it has already been used to argue for more local government involvement.