Archived News for Finance Sector Professionals - July, 2022
Regulators want the federal government to consider intervening in the gas market.
ANAO slams regional spend
The audit office says the Morrison Government gave Nationals seats an extra $104 million in funding, often against departmental advice.
Labour drought surveyed
A recent survey suggests labour shortages have hurt sales at 44 per cent of firms.
Suspended exec pay revealed
A former Queensland education bureaucrat was paid $630,000 while suspended during a corruption probe.
Rises drive cost pressure
Headline inflation has jumped to 6.1 per cent, fuelled by record petrol prices and rising home-building costs.
CSIRO sees defining trends
Australia’s top science body has laid out the seven ‘megatrends’ it thinks will define the next 20 years.
ACCC opens data right sandbox
Regulators are providing tools to help manage new Consumer Data Right (CDR) needs.
Carbon concern uncovered
Government documents show what happened when former energy minister Angus Taylor moved to scrap ACCUs ...
Welfare tech overhauled
Centrelink’s giant welfare payments IT overhaul is complete, after seven years and more than $1.58 billion spent.
IAG outlines issues
Sydney-based insurance giant IAG says insurance margins have been smashed by wild weather and silicosis claims.
ACCC aims for scam resilience
The head of the ACCC says she wants to make Australia “the world's hardest target for scams”.
ATO digs out Rio tax
The ATO has secured an agreement for Rio Tinto to pay a nearly $1 billion tax avoidance settlement.
Barilaro probe continues
An inquiry this week has heard new details of a job lined up for former NSW deputy premier John Barilaro.
RBA probe starting soon
A review of the Reserve Bank of Australia (RBA) is set to start within days.
Ex-MPs face new charges
Former New South Wales Labor ministers Eddie Obeid, Joe Tripodi and Tony Kelly are facing criminal charges.