Archived News for Finance Sector Professionals - August, 2020
Telstra has described the profitability of NBN services as “negligible at best”.
Chevron launches big gas sale
Chevron has kicked off the multi-billion-dollar sale of its one-sixth stake in Australia's largest producing oil and gas project, the North West Shelf.
Ombudsmen backs LNP business
Questions have been asked about a small business ombudsman’s awarding of contracts to a Liberal-linked firm without tender.
RBA details cost of super rise
The Reserve Bank says the scheduled rise in compulsory superannuation would be costly.
TAFE value tallied
New research has found that the TAFE system supports $92.5 billion in annual economic benefits.
Tehan calls for HECS cut-off
The Federal Government wants to cut off student loans for those who fail more than half of their subjects.
Sydney council defends China links
Questions are being asked about a Sydney senior councillor’s links to the Chinese Communist Party (CCP).
Parental pay gap tallied
New research shows having a child is significantly more expensive for women than men.
Foxtel gets COVID funds
Media giant Foxtel has been given $10 million from a federal COVID-19 response fund.
Keating criticises super raid
Paul Keating says early withdrawal of superannuation is entrenching inequality between generations.
Sims issues tech warning
ACCC chair Rod Sims says regulators must keep pace with the rapid evolution of digital platforms.
Treasury questions QLD green funds
Reports say the Queensland Government has been warned that its conservation underfunding is not sustainable.
Unis repaying extensive grifts
The University of Melbourne has been repaying staff after a decade of underpayment.
Gwalia gold works near complete
A major expansion of Australia's deepest gold mine is nearly complete.
Workers comp chief bails
The chief of NSW’s workers’ compensation scheme has resigned after being picked apart at an inquiry.
AEMO plots quick shift
The Australian Energy Market Operator says Australia is in the midst of possibly the world’s fastest energy transition.
Robodebt payback tops $220m
The total amount of Robodebt refunds is now $224 million, paid to 145,000 people.