Archived News for Finance Sector Professionals
The Commonwealth Bank has blamed coding errors for its alleged 53,700 breaches of money laundering and terrorism financing laws.
NBN speed woes pinned to low CVC
Telcos only have to pay a few dollars more to eradicate their NBN speed woes, reports claim.
CPA facing harsh questions
The remaining members of CPA Australia’s executive board are being put through the ringer.
Equality claims denied
The Federal Government is being slammed again over claims inequality is improving.
Fee change could sink CDU
Charles Darwin University says it will be “almost impossible” to survive under proposed funding changes.
RBA expects less for now
The Reserve Bank has downgraded its growth forecasts for the Australian economy, but still predicts a bounce back over the next few years.
CBA faces serious laundering charge
CommBank is facing charges for 53,700 contraventions of the Anti-Money Laundering and Counter-Terrorism Financing Act.
HILDA shows heavy cost of a flutter
The latest report on a long-term study of 17,000 Australians has been released.
Adani ads forget coal
Adani has launched a massive Australian ad campaign that does not mention coal.
'Albert' machines called out
Disability advocates say CBA’s new EFTPOS machines cannot be used by the blind.
ATO told to fix IT
Accountants are calling for compensation after the ATO’s online systems fell over again.
Bezos bounces higher than Gates
The shifting stock market briefly made Amazon chief Jeff Bezos the world's richest man this week.
Macquarie could move over levy
Macquarie Group has hinted that it may move offshore to avoid the Federal Government's banking levy.
Fraud charge for Chief Scientist
Queensland's chief scientist, Professor Suzanne Miller, has been charged with fraud by the Crime and Corruption Commission (CCC).
Big firms fail to make NBN guarantees
The big telcos will not guarantee that customers’ speeds on the National Broadband Network.
Local LNG heating up
Analysts expect Australia’s liquefied natural gas (LNG) exports to erupt next year.
Gender imbalance in super studied
A new study has found Australian women retire with less than half the amount of superannuation than men.
Huge funds flushed through trusts
The Australia Institute says too many people are using trust funds to minimise their taxable income.