Archived News for Finance Sector Professionals - December, 2019
Google joins others in paying up
The Australian Tax Office has ended a longstanding tax dispute with tech giant Google.
Guilty plea expected in WA
A former senior public servant at the centre of a WA corruption scandal is expected to plead guilty ...
McCormack keeps data covered
The Nationals leader has defended his defiance of a Senate order over regional grants scheme, despite initial advice.
Failing allocations bought out
A new, $30 million water buyback is aimed at helping struggling farming families along the lower Darling River.
NTCOSS questions power/water costs
A peak welfare group has found power and water is too costly for some in NT.
Carbon plan slammed at UN
Australia has been slammed for its policy of using old carbon credits to count towards future emissions targets.
MYEFO shows surplus slip
The Federal Government’s budget surplus has been revised down to $5 billion amid a forecast revenue slump.
Report lays green path
Authorities say over 30 gigawatts of new clean power generation will be needed ...
'Blackout' prevents donation disclosure
A former NSW Labor MP says an “alcoholic blackout” has prevented him from remembering who he gave a bag of donation forms and possibly cash to after a fundraising dinner at the centre of a corruption inquiry.
ASIC watching green risks
ASIC has launched a new climate change risk surveillance program for Australia’s biggest companies.
Bank staff face fraud claims
Two bank employees have been charged with defrauding $2.4 million from a customer.
CCC drops Gold Coast probe
Queensland’s corruption watchdog will not pursue charges against Gold Coast council officials.
Gambling probe proposed
Federal MP Andrew Wilkie and Reverend Tim Costello want a royal commission into gambling and sports betting.
Liu denies CCP links
A Liberal party member has denied links to the Chinese Communist Party, despite references to China’s Belt and Road initiative on event invitations.
VET fee wipe continues
The Federal Government is still in the process of wiping almost $500 million in dodgy VET fees.
TasPorts sued over access claims
The competition watchdog is taking Tasmania's state-owned ports operator to court over alleged anti-competitive conduct.
AEMC predicts price fall
Official forecasts predict power prices will fall in most Australian states and territories over the next three years.
Vital DV group de-funded
The Federal Government cannot find funding for the only peak body representing Indigenous survivors of domestic violence.
ANZ could ditch coal
Internal documents suggest ANZ will drastically slash its lending to thermal coal mining.
Coles to make milky restitution
Coles will pay over $5 million to dairy farmers after failing to pass on the full amount of a milk price rise, despite claiming it did.