Banking, Accounting and Finance News

Brazilian mining company Samarco has agreed to a $366 million damage bill after its tailings dam burst, spreading toxic waste over hundreds of kilometres, killing 10 people, and flattening entire villages.

The Federal Government has announced it will review the 99-year lease on the Darwin Port, but the business community says that could harm future investment.

Progress has been made on a $1.7 billion development in western Queensland, which proponents says will see 300 to 400 natural gas wells created, along with 1600 production jobs.

Four men accused of a $1.6 million fraud in the ACT's Public Trustee office have had their first day in court.

US environmental think-tank, Oil Change International and UK humanitarian think-tank, the Overseas Development Institute, has found the world's biggest economies pay $633 billion a year in subsidies to oil, gas and coal companies.

Analysts say “ethical investing” is growing in Australia, as moral views are used to push corporations to improve their practices.

A Hong Kong billionaire has spent a staggering $AU67.8 million on a 12.03-carat diamond for his seven-year-old daughter.

Unemployment in Australia has taken a somewhat surprising dive in new figures released this week.

A new report shows almost half of the new power plants built in 2014 were for renewable source of energy.

The Climate Institute has slammed the adequacy of Australia’s carbon emission reduction measures, saying they would not meet the smallest target set at the upcoming Paris climate talks.

Victorian Labor MP Cesar Melhem says he will stay in State Parliament and fight allegations of corruption from his days as a union boss.

The Federal Health Minister says consumers are not getting value for money from their health insurance policies, and conditions should be changed.

Australian Industry Group data shows the construction sector has expanded for a third straight month.

The full text of the Trans-Pacific Partnership (TPP) has been released, causing Australian Trade Minister Andrew Robb to tell everyone to calm down.

The vice-chancellor of a Group of Eight (Go8) university has broken ranks, saying there is no crisis in Australia's higher education system and there is no particularly strong case for students to have to pay more.

RBA governor Glenn Stevens has told a major economic forum that interest rates will likely stay on hold for the time being, as inflation is under control and home prices are cooling.

New research has found the winners and losers in the push to raise the GST, and unsurprisingly, the poor do not come out on top.

Secretary of the Department of the Prime Minister and Cabinet (PM&C), Michael Thawley, says the Australian Public Service (APS) should “open its doors” to the outside world.

Prime Minister Malcolm Turnbull has hinted that his government will fund the final two years of the Gonski education model.

Adelaide ship-builder ASC has picked itself up from a rough year to post a profit of almost $22 million.