Archived News for Finance Sector Professionals - August, 2021
The Productivity Commission says reporting of foreign ownership of Australian water is sufficient.
ATO details remote rort
The ATO has provided new details on an outback tax scam that cost it millions.
BHP slashes Hunter value
BHP has slashed millions from the value of its NSW Hunter Valley thermal coal mine.
Pay gaps show sabotage
New research suggests large gender pay gaps are directly associated with lower performance by big companies.
Total donations rise
The latest generosity data shows total donations are up, but people are giving proportionately less.
Young people out-earning parents
New stats show over two thirds of millennials earn more than their parents did at the same age.
Rail hub "honeypot" revealed
The NSW Government has paid external consultants over $2 million for rail strategies in the last few years.
NAB consumer deal questioned
Regulators want more info on NAB’s acquisition of Citi’s consumer business for $1.2 billion.
ACCC aims at app duopoly
The ACCC says it may have to regulate to reduce the dominance of Apple and Google in app marketplaces.
Gas execs avoid court
Charges against the former directors of a major gas company have been dropped.
Services staff in safety call
Services Australia staff are calling out for more resources and vaccinations.
Big firms form fossil fuel giant
BHP and Woodside Petroleum have announced a $20 billion oil and gas merger ...
Study funders' influence found
A new survey suggests the groups that fund research often seek control of results.
FOI scheme undermined
Australia’s “broken” Freedom of Information system is allowing the Coalition to “unlawfully” block requests.
IBM in the room for Defence deal
The Australian National Audit Office (ANAO) has found serious conflicts of interest in IBM’s work for the Department of Defence.
EU taxes to bite locals
Experts say Australian industries will soon pay for their emissions through overseas taxes.
Parents' super change suggested
KPMG has suggested those who take time off work to raise children should receive a super tax rebate.
Green work drops
There has been a big drop in investment in large-scale solar and wind farms this year.