Archived News for Finance Sector Professionals
Buying low, selling high, hustling, hoarding and grifting - all attributes normally applied to human economic markets, but new research shows microbes and bacteria are known to hit the trading floor for a good deal too.
Telstra says Sensis is for sale
Telstra will sell-off a majority of its stake in the company that produces the Yellow and White Pages.
Fossils feeling green pinch, move to slice services
Reports this week claim two giants of the petrol game are looking to sell their Australian refineries and petrol stations.
Green paper shows cheap path to cut pollution
A few details from the Federal Government's Direct Action climate policy have been released in a new green paper, and have already been slammed by the Opposition and environmentalists.
Outlook alright for local hiring, sales
Many Australian businesses are feeling optimistic about the year ahead, saying they see new opportunities for hiring and profitability in 2014.
Report says Australia lets business bribery thrive
A recent report has accused Australian authorities of failing to stop bribery, financial lobbying and general deal-sweetening offers made to politicians, saying corrupt practice goes virtually unpunished.
Hikes to start work for many city commuters
The new year has brought increased fares for Sydney and Melbourne commuters, with price hikes becoming an annual event on Australian public transport.
Pyne's paper shows weight in proctors' pockets
The Federal Government has released a report on the financial situation of the country’s universities.
Rich officials told to hold back on big send-offs
As millions of Chinese starve and suffer in a toxic atmosphere, the government has told its high-ranked officials to tone down increasingly extravagant funerals for the sake of austerity.
Sex doesn't sell in matters of the heart
The advertising game is often one of subtlety, suggestion and subliminal messaging – other times the formula is just to place a scantily-clad person next to the thing you want to sell, but research at the University of Queensland is investigating whether sex really is the best way to make a sale.
Slight bump to welfare to catch CPI
Over a million Australian students, young jobseekers, carers and young people with a disability will see a small increase to their Centrelink payments from next year.
Talks planned to ease axing in NT
Discussions are planned which may yield a deal for the future of the town of Nhulunbuy, which will have its economy decimated when a nearby Rio Tinto refinery is closed.
Uranium miner fined for lacklustre lodging
An Australian uranium exploration and mining firm has been fined for lodging virtually no financial documents, and not even holding an AGM.
Hearing calls NBN Co to come clean, Ziggy plays quiet card
Greens Senator Scott Ludlam has accused NBN Co. of little more than “brazen guesswork” in its estimates of key financial data for the re-booted network.
Known faces switch in big wig re-jig
There has been some executive musical chairs among prominent government-linked advisors this week.
Unions says billion worth of goodbyes just the start
The redundancy payments for planned public sector job cuts will hit $1 billion before 2017, and could be higher if the federal axe swings deeper, reports say.
Budget brings grey future for green farmers
This week’s Federal Government Mid-Year Economic and Fiscal Outlook (MYEFO) indicates changes on the way for several agricultural schemes and funds but not a lot of detail on what, if anything, will replace them.
Train stops could see rail giant take impairments
Aurizon has opened itself to nearly $200 million worth of asset impairments after a decision to slash the number of trains, wagons and workers at the company.
Oxford says changing tide in mining could leave Australia stuck
Global shifts are underway which could lead foreign investors to pull up stumps from Australia, stranding a number of projects and leading to the possibility of “mothballed or abandoned” local coal mines.
Case claims shops awash with high-priced powder
Federal Court action has been launched against Australia’s washing powder barons.
Fiddly internet language found out for $2 million fine
The tricky wording of one internet company’s advertisements has come back to bite them, and will take a bigger chunk than originally thought.