Archived News for Finance Sector Professionals - June, 2021
A judge has labelled the illegal federal ‘Robodebt’ scheme as “a shameful chapter” in Australia’s history.
MCA backs local coal
Australia’s main mining lobby has described local thermal coal as the best in the world.
Meat firm pays to regain control
Global meat processor JBS Foods has paid a $14.2 million ransom to cybercriminals.
PM signs green deals
The Prime Minister has signed deals with Japan and Germany to develop technology for “a net zero emissions future”.
UK trade deal looms
Scott Morrison and Boris Johnson have struck an Australia-Britain free trade deal.
ATO wins Greensill tax case
A court victory for the ATO means a big tax bill for tycoon Lex Greensill.
CSIRO backs green supplies
CSIRO says wind and solar are the cheapest sources of new electricity generation capacity in Australia.
Agricultural charities questioned
An expert has proposed stripping charitable status from Australian agricultural associations that rake in millions.
Big firms face laundering claims
NAB, Crown and SkyCity are all facing AUSTRAC money laundering investigations.
Fuel bail-out reviewed
A new report finds federal measures to bail out oil refineries will benefit shareholders.
G7 eyes tech tax
The world's largest economies have agreed to pursue higher global taxation on tech giants.
Big fee for free info
A consultancy firm has been paid $660,000 to provide no “specific advice” about Australia’s COVID-19 vaccine strategy.
Feds concede payment needed
The Federal Government has thrown a life preserver to people in extended COVID-19 lockdowns.
Funds frozen in ATLA probe
Federal authorities are holding up mining royalties while they investigate an Aboriginal native title group.
Future Fund direction questioned
Senators have questioned the blind direction of spending from the federal government’s Future Fund.