Archived News for Finance Sector Professionals - August, 2016
Councils make bank divestment
The retirement fund for NSW local council workers is taking a stand on dodgy corporate conduct at major banks.
Brazil spill pinned on design
Investigators say a string of construction and design flaws led to last year’s fatal Samarco mine disaster in Brazil.
GAB gives billions
Experts estimate the Great Artesian Basin contributes over $12 billion to the Australian economy each year.
McAleese entering administration
Embattled transport firm McAleese is entering voluntary administration.
Billing figures used to bag Labor
New bulk billing figures prove the ‘Mediscare’ campaign had no basis...
Bank probe back-and-forth continues
The Prime Minister wants Bill Shorten to help him fix the banking sector.
Gender pay gap dips, still growing
New figures show even the finance sector is not immune to the gender pay gap.
VET cap in the works
The Federal Education Minister has indicated he might cap loans to vocational education students.
ASIC sale stirs strong concern
Tens of thousands of people are trying to stop the Turnbull government from trying to privatise ASIC’s corporate registry.
Med-tech making premiums rise
The high price of pacemakers and replacement joints may have driven up Australia’s health insurance premiums.
Union wants profits to stop outsourcing
Telstra has unveiled a record profit for the 2015-16 financial year.
Banks face big rate rigging trial
Australia’s big banks are caught up in an international rate rigging trial that could cost them billions.
Creative steps will outpace robots
Creative and emotional intelligence will be the keys to robot-proofing the workforce...
Shonky swipes reach new height
Australians lost around $469 million to fraudulent transactions in 2015, according to a new report.
Scammers draining city funds
Brisbane City Council has lost more than $450,000 through phoney invoices over the past month alone.
Big business reacts to data bid
Some of Australia’s biggest and most-respected companies have given their views on mandatory data sharing.
Farmers' fight continues post-Caroona
The NSW Government has decided to buy back the Caroona coal mine licence from BHP, but says the nearby Shenhua mine is going ahead.