Archived News for Finance Sector Professionals - June, 2022
The federal government has launched an expert review of Australia’s carbon credit system.
House decline plotted
Experts say recent housing price gains in Sydney and Melbourne could be wiped out by July next year.
Pay gap peaks for older workers
New stats show Australia’s gender pay gap is about $40,000 a year for people aged 45 to 65.
Qantas seeks sweetened cut
Qantas is threatening workers over what has been called a “bribe” to accept a new pay deal.
Review looms for embattled RBA
The federal Treasurer has hinted at changes to the make-up of the RBA board.
AEMO ends market play
The Australian Energy Market Operator (AEMO) has restored the National Electricity Market (NEM) to full operation ...
Sun Cable makes IA list
More progress has been made on the world’s biggest solar and battery project.
Crown allowed to roll dice
Crown Resorts has been given permission to open its flagship Sydney casino, almost two years after it was banned.
Samsung slammed for soggy claims
Samsung has been fined $14 million for misleading consumers about the water resistance of Galaxy smartphones.
Union denies RBA wage threat
ACTU Secretary Sally McManus says the Reserve Bank is in “boomer fantasy land”.
Plum job origins probed
Questions are being asked about the appointment of former NSW deputy premier John Barilaro as ...
Slick BP avoids spill damage
Stats show the largest marine oil spill in history did not harm BP’s stocks in the long term.
Toyota hit with diesel order
Australians who were sold defective Toyota vehicles can apply for part of a potentially huge compensation package.
ACCC reports on rises
The competition regulator has issued a report showing the scale of recent power price rises.
Big firms back huge cuts
Research backed by some of Australia's biggest players says the country can cut 88 per cent of heavy industry emissions.
Energy board seeks capacity solution
The Federal Government is working on a “capacity mechanism” to ensure stability in the national electricity grid, paying coal and gas generators for reliable supplies.
PM pushed on protections
The Albanese government is being urged to drop prosecutions against whistleblowers ...
Forrest doubts recession concern
Australia’s richest man says there is “not a snowflake’s chance in hell” of a global recession this year.
Musk talks to Twitter base
Elon Musk has held an hour-long question-and-answer session with Twitter’s 8,000 employees.
AEMO caps gas rort
AEMO has suspended the wholesale electricity spot market after companies failed to supply ...