Banking, Accounting and Finance News
The ACCC is again taking legal action against a VET provider, saying it shows clear holes in the VET FEE-HELP system.
Expert calls for mandatory health cover
Economists have called for health insurance to become mandatory, as part of the greatest health care overhaul since the introduction of Medicare.
Drug-makers circle massive merger
Two pharmaceutical giants are considering a merger that would create the world’s biggest drug company.
Hot tips to get handle on hackers
Australian researchers have looked for the best warning signs that companies can use to spot potential cyber-security risks within their own staff.
Macquarie's minor compo scheme deemed 'farcical'
After going over the files of thousands of clients ripped off in Macquarie Bank’s financial planning scandal, compensation has been awarded to just 163 people — in a process that has been labelled “farcical” and a “catch-22”.
Cuts and constant change hurt PS helpfulness
Two former Treasury bosses say cuts and constant changes have left the abilities of the public service dangerously degraded.
New flaw found in federal systems
A serious security flaw in Federal Government financial systems has left Australians' private tax records unsecured.
Top execs plug tech for tomorrow
Some of Australia’s top chief executives say the Turnbull government focus on technology education to boost productivity.
Finance departments want to do more with less
Government finance departments say extensive and superfluous reporting frameworks have pushed them to look for new ways to reduce their “disclosure burden”.
Robot revolution moving to money
Robotic financial advice has been described as the most significant development that the sector has seen in decades.
RBA takes a swipe at flight rewards
Airline loyalty and credit card reward programs could get a bit less generous under new rules in the wake of a Reserve Bank review.
BHP gets first bill for Brazil spill
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.
Darwin port plan could harm Chinese view
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.
Wagons circle to charge up 'Charlie'
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.
Public servants face big fraud charge
Four men accused of a $1.6 million fraud in the ACT's Public Trustee office have had their first day in court.
Oil funds dwarf green money
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.
Ethical funds making progressive profits
Analysts say “ethical investing” is growing in Australia, as moral views are used to push corporations to improve their practices.
Big spender scoops serious carats
A Hong Kong billionaire has spent a staggering $AU67.8 million on a 12.03-carat diamond for his seven-year-old daughter.
Unemployment makes healthy drop
Unemployment in Australia has taken a somewhat surprising dive in new figures released this week.
Energy study shows game changing
A new report shows almost half of the new power plants built in 2014 were for renewable source of energy.
Green experts open fire on low, unhelpful goals
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.