Archived News for Finance Sector Professionals - August, 2021
The Bank of Queensland (BoQ) has been in court over small business loans found to be unjust.
Senior staff win amid APS freeze
While APS wage growth slows, bonuses for senior executives remain largely unchanged.
Casual ruling undone
The High Court has overturned a decision that could have seen long-term casuals get leave entitlements.
Centrelink scrapes back subsidy
Centrelink has issued debt notices to JobJeeper recipients, but not the profitable businesses that enjoyed the subsidy.
Report card shows urgent need
A new climate report card has sounded a loud and clear warning that the world needs to do more.
AI sectors soaring
The value of the global AI services market is expected to hit US$500 billion by 2025.
Australia lags on green efforts
Australia has ranked very low in an analysis of OECD countries’ climate action efforts.
Cabinet curtain could open
A legal decision could reveal new details of discussions at ‘National Cabinet’ meetings.
New bill for dead rigs
The Federal Government wants oil and gas companies to foot the bill for decommissioning old rigs.
Telcos slammed for speed claims
Court action has been launched against Telstra, Optus and TPG for allegedly misleading consumers over NBN maximum speeds.
Local makes ancient maths find
An Australian expert has decoded what may be the world’s oldest example of applied geometry.
RBA boss backs jabs
Reserve Bank of Australia (RBA) governor Philip Lowe says vaccination is the key to mitigating ongoing economic damage.
AusPost ex-CEO paid out
Australia Post will pay its former chief executive Christine Holgate $1 million as a termination payment.
Mayor probed over loan
The Mayor of Cairns is being investigated over a friendly loan that helped save his political career.