Archived News for Finance Sector Professionals - October, 2015
Labor is trying to adjust Australia’s free trade agreement with China, but the big unions say they have not gone far enough.
Data retention starting with few costs sorted
The Data Retention Act comes into effect tomorrow, but many say there are still big security issues and costs have not been addressed.
More firms work to avoid hack attacks
The Australian Signals Directorate says cyber attacks on business and government increased by 20 per cent last year, and it appears firms are moving quickly to protect themselves.
Glencore bags Newcastle's green view
A top executive from mining giant Glencore has slammed the Newcastle City Council for not supporting coal mines.
IP experts speak on big gene ruling
A two-time cancer-surviving grandmother has won a groundbreaking legal battle to protect her genetic rights.
Mine rating system to stay in WA
A mine-rating policy in Western Australia has become permanent, leading to celebrations at some councils.
ISDS threat still looms in secret TPP pages
Trade ministers are gushing about the Trans-Pacific Partnership agreement, but anyone who wants to know the details will have to take their word for it.
PM picks up penalty rate chatter
Malcolm Turnbull has hinted that changes to penalty rates are on the way, but that they would need broad support to get off the ground.
Government looking up from bust
The Federal Government says the Australian mining sector has hit the bottom of its bust period, and will begin moving upwards.
Massive fine settled after big BP spill
US Courts have ordered BP to pay more than $US20 billion ($AU28 billion) in fines from the deadly Gulf of Mexico oil spill five years ago.
Shell boss backs carbon price, a bit
Shell's global chief executive says the world needs to put a price on carbon.
ACCC chases local VW disclosure
The ACCC says it will go to great lengths to find out whether the Volkswagen scandal involves Australian customers.
Degree fee plan stands down
Education Minister Simon Birmingham says the controversial university deregulation plan will go away for now.
FSC backs bigger super switch
The Financial Services Council (FSC) says having fewer, larger superannuation funds would drive down fees.
Jail term for market manipulator
Share-trader Nigel Heath of New South Wales has been jailed on two market manipulation charges.
Quarter of all kids getting rough deal
A new study has revealed the big gaps that exist between members of socially-marginalised groups and the mainstream population.
Fund for local money matters restored
The WA Government has “backflipped” on its decision not to provide community financial counselling funds, and councils are celebrating.