Archived News for Finance Sector Professionals - September, 2018
An interim report from the banking royal commission carries some strong criticism of the financial services sector and government regulators.
NDIS underspend questioned
A key economist says NDIS underspending could hit $5 billion by the end of the financial year.
Musk hit with fraud claim
US regulators want to oust Elon Musk as chief executive of Tesla on allegations of securities fraud.
Royal report looms
The banking royal commission's interim report will soon be released to the public.
STEM study shows gender split
Patterns have been observed in academic grades of 1.6 million students, showing that girls and boys perform very similarly in STEM.
Agencies want new push for balance
Advocates say progress toward gender equality in Australia has stalled.
Drugs firms found stashing cash
Oxfam says pharmaceutical companies avoided paying about $215 million in taxes in Australia each year for the last three years.
Labor backs TPP-11 trade deal
Federal Labor has given up its opposition the Trans-Pacific Partnership.
Launderers lean on tech options
Authorities say cryptocurrencies are are among new methods of money laundering by sophisticated criminals.
Law Council warns of weakness
The Law Council says Australia’s decryption laws could make it the weakest link in the ‘Five Eyes’ network.
Insurance inquiries closing
Senior counsel assisting the royal commission Rowena Orr is summing up the insurance hearings of the banking royal commission.
PM launches big school boost
A new school funding deal will see Catholic and independent schools receive an extra $4.5 billion.
Top NAB pay could be cut
NAB has adjusted its executive pay packets in response to community concern.
Reef group quizzed on spending
The Great Barrier Reef Foundation expects to spend more than $7 million on administration this financial year.
ACCC looks at 'unlimited' claims
Telcos have been put on notice to ensure their advertising is clear and transparent.
Carmichael takeover waits on pay
The Queensland Government says the Adani mine site will remain under native title until finance is confirmed.
Commission hears sad spy tale
This week’s sessions of the banking royal commission have exposed a litany of dodgy behaviour in the insurance sector.