Archived News for Finance Sector Professionals
A new study says that not only is corruption not inhibited in many big businesses, it is actually a central strategy.
Cormann swings back at adviser list cut claim
The Federal Government has issued a statement in response to reports that it is trying to water down reforms including the creation of the Financial Adviser Register.
Ex-minister could keep roles, despite fines and bans
The Federal Court has disqualified and fined 5 former directors of Australian Property Custodian Holdings Ltd (APCHL) for breaching their directors’ duties and making an illegal related party payment of more than $30 million.
Rebuke over pinched name
ASIC has fined Mortgage House for inappropriately using an ASIC trademark to sell one of its products.
Hunt for new head WA watchdog continues
Western Australia’s corruption commission has sweetened the deal in its quest to find a new leader.
Hockey claims show cost of free trade
Treasurer Joe Hockey has strongly linked the end of subsidies to Australian car manufacturing with the securing of trade agreements with Asian nations.
CBA banks on quantum future
The Commonwealth Bank has put $5 million into an effort to build a computer that could changes the world.
BHP's big squeeze to see better numbers
BHP Billiton is putting pressure on its suppliers to take cuts of up to 25 per cent so the major miner can save some money, and analysts say others will follow.
Foreign buyers' free ride derided
The House Economics Committee is calling for stronger enforcement of foreign property investment rules.
Kernel of concern over ACORN portal
Australia residents who spot cybercrimes in progress now have an avenue to report it.
MOOC mooted for better public numbers
The Department of Prime Minister and Cabinet is working on a massive open online course (MOOC) to train public servants how to calculate the financial impact of new regulation.
PBO finds budget figures trumped, risk of falling short
The Parliamentary Budget Office (PBO) has warned that the Federal Government will need to practice some serious spending discipline to avoid bad budget figures and economic shock.
Watchdog wants lobbyists to leave their names
Queensland’s new Integrity Commissioner says in-house lobbyists should have to declare their contact with government ministers.
Gender stats show sorry state, slow to change
The Workplace Gender Equality Agency’s latest report shows women are under-represented in management positions, and underpaid as well.
Households help Medibank see big first day
Mum and dad investors have leapt onboard for the public float of Medibank Private, lining the Government up for a $5.7 billion sale.
BHP split spruiked amid low iron price, high concern
Environmental concerns have come into play in BHP’s decision to split itself in two.
Future Fund quizzed on tax and gas
A fiery Senate estimates hearing in Canberra has seen former treasurer Peter Costello forced to defend the Future Fund's investment decisions.
Paper probes local banks' role in China's new scene
A new report shows the central role that Australian financial services could play in the country’s booming relationship with China.
Call for more say in competitive arena
The Victorian Local Governance Association (VLGA) has made its submission to the nationwide competition review, demanding a greater say on the rules it will be asked to enforce.
Strike set but no threat to DHS daily activities
Workers across the Department of Human Services (DHS) have voted in favour of taking industrial action over enterprise bargaining negotiations.
Work/life rebalanced on good day to go home
Go Home On Time Day was on this week - a day for awareness about the risks of working too hard.