Archived News for Finance Sector Professionals
Uber has agreed to pay almost $272 million to compensate thousands of taxi and hire car drivers.
Big R&D boost proposed
Investing 3 per cent of GDP into research could boost the economy by $100 billion and create 42,000 new jobs ...
Qantas sacking faces tests
Qantas Airways is set to compensate 1,820 airport ground staff after a High Court ruling deemed their pandemic-era dismissals illegal.
Big rise for key workers
The Fair Work Commission (FWC) has awarded aged care workers a wage increase of up to 28.5 per cent.
Ex-PM's Origin comments surface
In a striking political intervention, Paul Keating appears to have challenged Treasurer Jim Chalmers to dismiss a $20 billion offer by Canadian private equity giant Brookfield to purchase Origin Energy.
Low cost scheme outlined
Economists have proposed a ‘HECS-for-solar’ scheme to slash power bills and help the climate.
Shareholder push resisted
Woodside Energy has defended its chairman, Richard Goyder, amid a campaign by activist shareholders against his re-election.
Economists enhance health
Experts say health economists can be key to enhancing the efficiency of local hospitals and health networks.
Exclusion misses billions
Increasing disability employment could boost the national economy by billions.
Ex-ATO staffer jailed
A former ATO employee has been sentenced to five years’ jail over corrupt conduct.
Lowe moves to new role
Philip Lowe, the former Governor of the Reserve Bank of Australia, has been appointed chair of Geoff Wilson’s philanthropic investment manager, Future Generation Australia.
ATO ensures SingTel pays
The Australian Taxation Office (ATO) has thwarted Singapore Telecommunications' (SingTel) efforts to deduct nearly $895 million from its taxable income.
Big clash over bank buy
The Australian Competition Tribunal has overturned the Australian Competition and Consumer Commission's (ACCC) previous decision to block ANZ's $4.9 billion acquisition of Suncorp Bank.
Merivale hit for underpayment
Hospitality giant Merivale has agreed to an $18 million settlement in a class action lawsuit over employee underpayment claims.
Big tariff cut coming
The Albanese government is planning to streamline environmental approvals for resource projects, abolishing 500 “nuisance” tariffs.
Green funds flow to neighbours
Australia has announced a $2 billion green energy fund for southeast Asia.
ASX hit for transparency failures
ASIC has hit the ASX with a $1.05 million fine over thousands of rules breaches.
Gallagher outlines gender buys
The Federal Government will seek to boost procurement from women-owned businesses.
Butler signs insurance rise
Health Minister Mark Butler has officially sanctioned a 3.03 per cent increase in private health insurance premiums, effective from April 1.