Archived News for Finance Sector Professionals - June, 2018
The Australian Bureau of Statistics (ABS) wants more money so that it can provide more up-to-date inflation figures.
Anti-cartel cases close to end
The ACCC has levelled a $15 million fine on Air New Zealand as part of a long string of anti-cartel cases.
ASIC told to consider licence pull
A banking expert says ASIC should be willing to cancel the operating licences of big banks.
Britain bags big ship deal
Britain's BAE Systems has secured a $35 billion contract to build nine Hunter class frigates in Adelaide.
Cigarette laws upheld in WTO win
Australia has emerged victorious from a major trade dispute over tobacco packaging laws.
BHP makes spill deal
Samarco and its parent companies BHP and Vale have signed a deal to settle a $7 billion lawsuit.
Promotion on same pay studied
A better job title does not always come with a bigger paycheque, according to new research.
Telstra takes up deep cuts
Telstra has announced it will reduce its workforce by 8,000 employees and contractors.
Disney makes new Fox bid
A bidding war is raging between Disney and Comcast over who will buy 21st Century Fox.
Farmers marginalised by bank probe
Farmers are outraged that the banking royal commission has set aside juts a few days to deal with issues in agricultural finance.
ANAO wants big gift list
The audit office has called for a government-wide policy for gifts and benefits received by public servants.
Tax cuts backed by Senate
Personal income tax will be cut by $144 billion over the next seven years after the Senate approved the Government's progressive income tax cuts.
Coalition questions energy deal
Tony Abbott says he was misled by bureaucrats when he signed Australia up to the Paris climate agreement.
NAIF funds powerful combo
The Northern Australian Infrastructure Facility (NAIF) will fund a $516 million solar/hydro project in far north Queensland.
BHP funds South Flank
BHP has announced a $3.9 billion project to develop the South Flank iron ore project in the Pilbara.
Gas firm gets big bid
Australia's largest gas network operator APA has received a $13 billion takeover bid.
Unemployment drops to 5.4 per cent
The unemployment rate has dropped to its lowest rate since November last year.
Australia interjects in cable project
The Federal Government says it will help build undersea data cables for the Solomon Islands, thwarting a big Chinese firm’s plans.