Archived News for Finance Sector Professionals
Renewable energy is taking over as stats show green power has grown while fossil fuels tumble.
Shell urges local gas growth
Shell Australia chairman Andrew Smith says burning so much brown coal is absurd.
CBA payback approaching $5 million
The Commonwealth Bank of Australia (CBA) has paid over $4.8 million in compensation from its Open Advice Review Program.
Peabody plagued by money matters
The outlook for Peabody Energy is pretty rough, after it posted a near-$3 billion loss and warned it could be pulled into its US parent’s bankruptcy issues.
Planners failing to reclaim respect
A new survey says confidence in financial planners is down, while trust in the financial services industry overall has improved.
Simple steps for big effect on gender
A public service agency is trying a radical new method to increase its female workforce - asking women what they want.
China buys Virgin slice
Chinese firm HNA Aviation will buy a 13 per cent stake in Virgin Australia, after a deal was struck overnight.
SA steel closures assessed
Analysts say it is hard to overstate the impact of the closure of the Arrium steel works.
AMA aims to unfreeze for GPs
The new head of the Australian Medical Association (AMA) says GPs cannot handle frozen Medicare rebates much longer.
West bereft of online services
An auditor’s report has found little to praise about West Australian government websites.
ACCC keeps close eye on Asciano deal
The Australian Consumer and Competition Commission (ACCC) has serious concerns about the $9 billion carve up of Asciano.
Building wealth grows while miners go down
Meriton's Harry Triguboff is now Australia’s richest person after Gina Rinehart’s fortune was savaged.
FSU backs big Royal review
The Finance Sector Union has come out in support of a Royal Commission into the banking sector, in the wake of repeated scandals.
Minor fine for Sigma suits
Two former executives of Sigma Pharmaceuticals have been fined but avoided immediate jail time for falsifying company accounts.
Harsh bargainers reject DV leave
The Minister for Women has rejected a call from Human Rights Commission staff for specific domestic violence leave.
New laws in wage rort crackdown
The Federal Government is cracking down on the kind of wage fraud that has seen 7-Eleven workers systemically ripped-off.
Profit push sours green goals
Researchers say businesses that try to ‘go green’ could find themselves doing more harm than good, if people think the corporations are profiting from the initiatives.
NBN raids could cost jobs
Reports say least two NBN employees will be sacked and arrested within days, as federal police investigate leaks.
Insider sweep catches golfer and gambler
Five-time golf major champion Phil Mickelson has reportedly made almost $US1 million in an insider trading scheme.
Macca's faces unhealthy accusations
An education union official has accused fast food giant McDonald’s of paying its workers below award rates.
Union wants detail on ANZ sacking
ANZ has announced over 200 job cuts in more than 130 locations this week, with 6 separate restructures running simultaneously.