Archived News for Finance Sector Professionals - August, 2020
Two former Prime Ministers have issued a simultaneous warning about the future of superannuation.
ACCC urged to include public news
An official inquiry has heard Google and Facebook should pay to use ABC and SBS content.
Coal plan firm funded
A Queensland company has received a $3.6m grant to further plans for a new coal power station, despite its lack of experience.
'Regtech' wage theft solution sought
The small business ombudsmen wants employers who use approved payroll software to be provided “safe harbour” ...
Greens reveal seat-based decisions
A new Morrison Government ‘sports rort’ has emerged, this time in the extremely wonky distribution of a $45 million fund.
Taylor wants CEFC re-directed
The Clean Energy Finance Corporation (CEFC) could soon direct funds towards gas projects ...
Feds seek foreign veto
The Federal Government wants control over agreements made by states, councils and universities.
Rio scolds itself
Three Rio Tinto executives have been stripped of bonuses over the destruction of the Juukan Gorge rock shelters.
AMP execs bail
Two AMP executives have resigned, but the man at the heart of harassment claims remains at the company.
UBI test shows benefits
Universal Basic Income (UBI) appears to boost mental and financial well-being, and modestly improve employment.
Workers comp rot runs deep
New reports have emerged about an alleged culture of corruption at the NSW insurance agency ‘icare’.
Google fights news fees
Google says the Federal Government is forcing Australian to accept “dramatically worse” services.
KPMG estimates long COVID loss
Experts estimate that Australia’s population decline due to COVID-19 could cost the economy $117 billion a year.
Survey supports new spaces
Working from home has enabled public sector employees to have more autonomy over their work, and be more productive.
Union celebrates ATO decision
Reports say the Federal Government has decided to save the Geelong office of the ATO.
Fishy details in water sale
Investigations have uncovered more details on an $80 million water sale to a Cayman Islands company ...
PM plugs drug deal
The Morrison Government is claiming to have struck a deal with drug giant AstraZeneca to manufacture a COVID-19 vaccine.
Uni grift list grows
Investigations have revealed that at least 10 universities are involved in an underpayment scandal.
Unis call for protection
Universities say the number of student places needs to grow even faster than planned, and fee hikes will not help.
Epic sues over Fortnite fees
Epic Games is taking legal action against Google and Apple, after both companies cut the developer from their app stores.
Oil liability extension studied
There are calls for Woodside Petroleum to clean up a flogged-out oil production site it runs in the Timor Sea.