Archived News for Finance Sector Professionals - February, 2017
Unions and business leaders have responded to last week’s penalty rate cuts.
Aboriginal corp enters administration
One of Australia's largest Indigenous corporations is under special administration after a string of alleged failures.
Fahour furore has one day left
The resignation of maligned Australia Post CEO Ahmed Fahour yesterday is not the end of the story.
Budget computers cost big
The Federal Government’s new budget management system will not be ready by the time the budget is unveiled.
Poor punished by penalty change
The Fair Work Commission has cut Sunday and public holiday penalty rates for hospitality, retail and fast food workers.
CBA super grift slammed
The Commonwealth Bank has been accused of ripping off over 7,000 part-time workers.
Drink tax push continues
Obesity experts say that if we have controls on alcohol and tobacco, we should have them on sugary drinks too.
Experts douse clean coal dream
A major energy generator says there will not be any new coal power stations built in Australia.
Social fund to back emerging enterprise
The Victorian government has put up $5 million to fund social enterprise projects.
Telstra sees $4b tumble
Telstra has had its worst day in more than six years, losing over $4 billion in value.
WestConnex funding re-checked
The Federal Government's $3.5 billion pledge to Sydney's WestConnex project has been criticised.
Food tax backed by research
Experts say taxing bad food could bring in billions and extend the average Australian lifespan.
'Robo-debt' kept in the dark
The Department of Human Services (DHS) is refusing to give up details of its ‘robo-debt’ scheme.
AEMO assessments questioned
Experts say WA will see power price hikes unless it realises how popular rooftop solar is.
Jail time for smart lock fraud
Sydney tech boss Andrew Sigalla has been sentenced to ten years in jail.