Archived News for Finance Sector Professionals
Energy Minister Josh Frydenberg has defended giving reef funds to a private sector charity with fossil fuel links.
NAB 'no service' revealed
National Australia Bank has issued an apology after being picked apart this week at the banking royal commission.
Suncorp offloading insurance
Suncorp Group has become the latest bank to sell its life insurance arm.
Contractor clauses lauded
The Department of Finance has been acknowledged for efforts to pay its subcontractors on time.
ASIC to go inside
ASIC will soon embed its enforcement staff into the major banks and wealth manager AMP.
Standing desks can save
Researchers say if 20 per cent of office workers had standing desks, it would save $84 million in healthcare costs.
States hold out on NEG
A new survey finds over 70 per cent of Australians want the government to set a high renewable energy target.
CBA pushed for more farm help
The Agriculture Minister has criticised Commonwealth Bank for not doing enough to help drought-stricken farmers.
Slave bill seems toothless
The Law Council says proposed laws to shine a light on slavery could be too weak.
Councils want SRSS restored
Mayors and councillors have called on the federal government to financially support asylum seekers.
Premier defends big PS pay
SA Premier Steven Marshall has defended the $550,000 annual pay cheque of South Australia's new top public servant.
PM was close to Reef money
More details have emerged about $443.8 million in reef funding that was awarded without a competitive tender process.
Manufacturing change urged
Australian manufacturing must innovate or be swallowed up in just a few short years, according to one expert.
Wealth report reveals big gap
A new report on wage equality finds Australia's richest 20 per cent own almost two thirds of country's wealth.
BHP offloading oil
BHP is moving to sell its onshore US oil and gas assets for a total of $14.2 billion.
China will find 5G role
Huawei says China will be involved in Australia’s 5G network regardless of potential government bans.
Media giants to merge
Fairfax and Nine have announced a $4 billion merger that is being seen a blow to the standards of Australian media.
NAB to pay back advice fees
National Australia Bank will refund $67 million after overcharging superannuation customers.