Archived News for Finance Sector Professionals - June, 2017
New ABS data shows Australians have never been wealthier, but welfare groups say there is a growing divide.
CBA dropping Brisbane back-end
The Commonwealth Bank is cutting 150 staff from its Brisbane operations.
Rio agrees to China coal deal
Rio Tinto shareholders have agreed to sell its NSW coal assets to China-backed miner Yancoal for AU$3.5 billion.
ATO accepts pay deal
Public servants at the Australian Taxation Office have voted to accept a new pay deal.
Morrison makes GST gas threat
Treasurer Scott Morrison has threatened to impose financial penalties on governments that limit gas exploration.
Snapshot shows changing nation
Experts have highlighted a number of interesting points in the Census ...
Virtual homelessness misses mark
The CEO Sleepout charity has introduced a virtual reality homelessness experience.
Big fraud trial starts
Legal action is beginning after 10 people were arrested and charged with tax fraud worth $144 million.
FIRB speaks on new fees
A recent speech has given a rare glimpse into the inner-workings of the Foreign Investment Review Board (FIRB).
FSU slams NAB plans
The Finance Sector Union (FSU) has written to NAB chief Andrew Thorburn about a proposed industry compliance scheme.
New Gonski going ahead
The Federal Government's $23.5 billion ‘Gonski 2.0’ school funding package has passed the Senate ...
Rio boss goes down in British probe
Rio Tinto director John Varley has resigned after being charged by Britain's Serious Fraud Office.
SA budget hacks at banks
South Australia’s 2017/18 budget includes new taxes on banks and foreign investors.
'Robo-debt' flaws exposed
A Senate inquiry has called for a reassessment of debts from Centrelink’s controversial debt recovery ...
Societal risks largely missed
A new study warns Australia has drastically underestimated the threat of climate change.
PC calls TUSO 'deficient'
The Productivity Commission says the telecommunications universal service obligation (TUSO) is “deficient” ...
Union questions ABA's call
The Finance Sector Union (FSU) says the Australian Bankers' Association (ABA) employee conduct protocol is unfair ...