Archived News for Finance Sector Professionals
There is more criticism this week of the recently-negotiated TPPA and its impact on public health schemes.
Brazil spill bill hits BHP
BHP’s Samarco joint venture has reached a settlement with the Brazilian government that will see it pay a minimum of $US1.7 billion over six years for a deadly tailings spill.
Executive equality makes money
Australia’s top companies, across all industries, do better with more women on their executive teams.
Utility users lose in regulatory 'arms race'
Rising utility prices are a source of concern and outrage for Australian consumers, leading experts to look at ways to keep the system honest.
1 in 3 caught short by childcare switch
ANU research says one in three families will be worse off under the Federal Government's planned changes to child care.
Lawler quits after near-year's leave
Fair Work Commission (FWC) vice-president Michael Lawler has resigned, ending a long-running legal dispute and leaving a big bill for time on leave.
Brisbane's backroom park deal buried
Reports say Brisbane City Council (BCC) signed a multi-million-dollar contract to sell city parkland to major donor to the Liberal National Party.
CEOs scot-free after scandals
The chiefs companies hit with serious lawsuits often end up with a better reputation.
Murkiness surfaces in WA water deal
The WA Opposition says taxpayers have been ripped off by the $10.4 million sale of a division of the Water Corporation.
Digging helps dodge recession
Resource industry analysts say Australia avoided a recession this year, and is now unlikely to have one.
Unions move to form mega-front
Two of Australia’s largest and most powerful unions are one step closer to merging.
Leaks speak of huge lag on NBN
The National Broadband Network (NBN) is not going to meet its rollout targets, according to a leaked report.
Major industries must move with machines
As robots take on more human abilities, a new report on the future of the workforce has been released.
FSU wants tips on ANZ closures
ANZ has announced it is shutting four branches – two in West Australia, one in Queensland and one in New South Wales.
Drones, subs and billions more in Defence paper
Australia will spend nearly $30 billion on new planes, submarines, soldiers and other military matters after the release of the Defence White Paper today.
WA town swipes at miners' missed rates
A rural council at the heart of the resources sector will soon crack down on miners and mining companies not paying their rates.
Gender-productivity link highlighted
Research suggests the number of work-family programs at an organisation is linked to higher productivity and earnings.
BHP figures show need for new plan
BHP Billiton has posted a half-year loss of $US5.7 billion ($7.84 billion), as its interim dividend drops from 62 to 16 US cents (22 cents) per share.
Expert chips at IA's big plan
Infrastructure Australia (IA) has put out a 15-year plan for 93 major projects that it says will only be possible after big changes.
Forces joined in port purchase
A tussle over who will buy Australian port-and-rail operator Asciano continues, with two big players looking at a joint bid.
Morrison moves to pin down local profits
Multinational companies that avoid paying tax on Australian earnings could soon be forced to sell their assets.