Banking, Accounting and Finance News
The Albanese government has allocated $330 billion for defence spending over the next decade.
AUSTRAC asked to eye TikTok
AUSTRAC has been asked to investigate TikTok over money laundering concerns.
Alinta boss sees price rise
A big player in the energy sector says Australians will pay more for power.
Woodside stares down green revolt
Woodside Energy is at a crossroads with environmentalists and investors over its climate strategies.
Jail time for inside bid
Cameron Waugh, a well-connected Perth corporate advisor, has been sentenced to jail for insider trading.
Local focus for new funds
Anthony Albanese has unveiled a new effort to reshape Australia's economic and industrial framework.
Big bump for QLD tradies
The minimum pay for the average Queensland construction worker on civil projects has been increased to over $200,000 a year.
Merger reforms detailed
Tech investors have rejected the government’s planned merger reforms, saying they could kill off start-ups.
Spreadsheet error slammed
A basic tech failure has prompted calls for an overhaul of the $70 billion government procurement system.
Farm firm blames Bureau
A major agriculture firm has blamed the Bureau of Meteorology for significant financial losses.
Combet speaks on power shift
Greg Combet, incoming chair of the Net Zero Economy Agency, has urged a “just transition” for coal workers in the shift to renewable power.
PwC criticisms compound
A Senate report has criticised an ongoing coverup, as the PwC tax leaks scandal continues.
Uber admits snooping
Uber has defended its use of spyware to obtain confidential information on a former competitor in the Australian market.
CSIRO seeks local AI
CSIRO says Australia is in a perfect position to harness AI for its technological future.
Automated concern raised
The Federal Government has received warnings over its use of AI decision-making.
ANAO seeks input
The Australian National Audit Office (ANAO) wants feedback on its draft Audit program for the 2024-25 financial year.
Centrelink age limits questioned
Advocates want Centrelink to lower the age of independence for Youth Allowance from 22 to 18.
NDIS drives jobs boost
Reports say that close to a third of jobs created last year were for the NDIS.