Archived News for Finance Sector Professionals
Reports this week shed some light on the vicious in-fighting at the Finance Sector Union.
Logging grift hollowing out PNG
Papua New Guinea is suffering in the same way that many of its larger neighbours do – as big companies in major industries come up well short on their tax bill.
New pay deal sees some topping up
Some Commonwealth departments and agencies are moving to top-up employees’ pay packets after the Federal Government softened is bargaining arrangements.
Employers told to talk though sickies
Australian workers are among the world’s most likely to take a sickie, and experts say it could show something deeper about our organisations.
Guilty plea in Vic. Liberal rort
Former state director of the Victorian Liberal Party, Damien Mantach, has pleaded guilty to siphoning close to $1.5 million from party coffers.
Federal funds keep mining ticking over
The Federal Government has congratulated itself for the successful Federal Exploration Development Incentive (EDI).
SA wants waste opportunity
South Australia is lining itself up as the new home of nuclear waste in Australia.
Watchdog to wrestle runaway fuel price
The competition watchdog wants Australia's major petrol retailers to explain their massive retail margins.
China lines up $1.7b browser buy-out
The Norwegian firm behind the somewhat popular Opera web browser has been offered a $1.7 billion buy-out.
Ground made in FSU pay talks
The Finance Sector Union (FSU) has provided an update on its pay bargaining with IAG.
Market reacts to Rio's dour dividend call
Rio Tinto says its dividends will fall in future years, sending its own stock tumbling after the announcement.
Tech firms fail to disprove exploitation
Over 50 electronics companies operating in Australia have failed to make the grade in a review of forced labour, child labour and exploitation.
Climate effects felt worst by low-emitters
New research shows the countries that emit the least greenhouses gasses suffer the most from them.
Unions to play for lost pay
Unions are hoping a new legal precedent will help them recover millions of dollars in lost wages.
New models help markets make sense
A new breakthrough could make wildly unpredictable global finance markets a little bit easier to judge.
Shell sheds thousands in oil price pinch
Royal Dutch Shell is cutting 10,000 jobs worldwide on the back of an 87 per cent plunge in annual net profits.
Big Swiss sacking to save billions
Financial services giant Credit Suisse is sacking 4,000 people to counteract serious loses.
Clear value in cheaper care
A new study says effective childcare reform could add tens of thousands to the workforce and bring a multi-billion-dollar economic boost.
Carmichael clears green hurdle
The Queensland Government has given permission that could see Adani get started on Australia’s largest coal mine.
Equality wanting for next few decades
Workplace analysts say it will be 2050 before gender equality is widespread in the global workforce.
India engages massive water bids
The government of India has announced plans to borrow 860 billion rupees (AU$18 billion) from overseas to fund irrigation projects.