Archived News for Finance Sector Professionals - March, 2020
Oil prices have seen their biggest week of losses since 2008, rocked by pandemic issues in a market flooded by Saudi Arabia and its allies.
Experts reflect on cash splash
Economists are responding to Prime Minister Scott Morrison's economic stimulus package.
ATO issues false debts
An IT error has reportedly led the ATO to issue false, years-old tax debts worth thousands of dollars.
Court for Facebook's data leak
Facebook is being taken to Federal Court over alleged privacy breaches stemming from the Cambridge Analytica scandal.
Pledge to boost bushfire help
The Federal Drought Minister says the states will get more support in delivering financial help to bushfire-affected businesses.
ACCC backs off phone deal
The competition watchdog will not appeal the approval of the TPG-Vodafone merger.
Australia buys offshore oil
The Federal Government has struck a deal to tap into the US government’s tightly guarded emergency fuel reserves.
Insurance costs keep rising
A new report shows the cost of private health insurance is rising, but so are the exceptions.
Sims slams gas approval
The head of the ACCC says the gas industry has mislead governments into approving projects that kill Australian jobs.
Trillions at play in tech report
A new report says the technology to reach negative emissions by the 2040s is already available.
Court set for Linc leaders
Five former executives will stand trial over a failed coal gasification plant.
COVID costs could kill growth
The Treasury says COVID-19 could wipe $34 billion from Australia's economy this year.
McKenzie denies additions
Former minister Bridget McKenzie has denied knowledge of last-minute changes to a list of projects she approved.
Forrest seeks water fix
Mining billionaire Andrew 'Twiggy' Forrest is making a multimillion-dollar investment push into aquaculture.
Big firms with slave links
China’s Uyghur community is being forced into labour for Apple, BMW, Nike, Adidas, Samsung, Sony and others.
Caltex fields big bids
Caltex Australia has rejected a $3.9 billion-plus buyout proposal from Britain's EG Group.
Gas field threatens Paris deal
The Federal Government has been warned that emissions from one fracking scheme in the Northern Territory could threaten its Paris targets.
State caps price rises
Power price rises will be limited to once a year under rule changes in Victoria.