Archived News for Finance Sector Professionals - February, 2023
ASIC is, for the first time, taking a company to court over claims of ‘greenwashing’.
PS leader laments
A former leader of the public service has blamed the former Coalition government for Australia’s “hollowed out” public sector.
Conflict costs measured
British scientists have calculated how much the war in Ukraine has affected global energy prices.
ACCC shows NBN input
The ACCC has published the submissions received about NBN Co’s proposed regulation changes.
ASIC takes action on RACQ
ASIC has launched a lawsuit against RACQ, one of Australia's major customer-owned institutions ...
Inflation report shifts blame
New research suggests the main driver for inflation in Australia is excess corporate profits, not wages.
Wage slide recorded
New stats show Australians experienced the largest real wage decline on record in 2022.
Medibank details hack loss
According to recent reports, Medibank is expected to suffer losses of around $26 million for the first half of the year ...
Green path laid for industry
An expert consultation process has laid out a path to decarbonisation in Australia.
Ampol hit for tax arrangement
Ampol has agreed to pay $157 million to settle a long-running dispute over its use of a Singaporean marketing hub.
Chalmers seeks super change
Australia's superannuation system could get a makeover, with the government cracking down on early access to retirement funds.
IBAC issues red flag report
A new report says public servants must be able to spot infrastructure red flags.
GetSwift hit for $15m
GetSwift, once a darling of the software market, has been ordered to pay a $15 million fine ...
Leak list grows
The number of people involved in sharing confidential government tax policy obtained by PwC has increased.
Firm fined for ad claims
A workplace relations firm has been fined $3 million over misleading Google ads.
Whistleblower cases cost big
The Commonwealth has spent more than $7.6 million prosecuting three whistleblowers.
High Court reviews EV charge
A legal challenge against Victoria's electric vehicle tax has begun in the High Court.
Mining views mismatch contribution
A veteran historian says mining remains central to the Australian economy, despite its unpopularity.
Science fund suggested
A major science lobby says a Science Future Fund could generate economic returns of up to $2.3 billion a year.
Gender pay laws expanded
The Federal Government has introduced legislation to compel employers to share gender wage data.