Archived News for Finance Sector Professionals - November, 2019
Victoria’s Auditor-General says the state will have to continue borrowing cash to fund major infrastructure projects.
Lobby access questioned
The number of lobbyists with unfettered access to the halls of Parliament House has doubled in seven years.
Transport changes drag
The Productivity Commission says important transport reforms need to be sped up.
Norway to gain from Bight oil
The Australia Institute says Norway stands to gain the most from Bight oil.
Telstra sorry for poor phone deals
Telstra has apologised for selling “phones to customers who ultimately could not afford them” in Indigenous communities.
Profit dips hit big four
KPMG says Australia is at a ‘turning point’ in regard to its big four banks.
RBA gives up on wages
The Reserve Bank has warned that wages growth is “no longer expected to pick up”.
Drought loans re-jigged
The Federal Government is unveiling a reformed $500 million drought stimulus package.
Regional spend slammed
The Morrison Government's management of a $220 million regional jobs scheme is being strongly criticised.
Scientists unite for climate call
Over 11,000 scientists from more than 150 countries have endorsed the declaration of a climate emergency.
Call to avoid tax-dodgers
Experts say companies that fight hard to avoid tax should not be granted government contracts.
India out of giant trade deal
Leaders of 15 Asia-Pacific nations have agreed to terms on the world's largest trade deal.
Welfare measures questioned
The United Nations has questioned the legality of Australia's Centrelink robo-debt scheme.