Archived News for Finance Sector Professionals - February, 2015
The Greens have offered a novel budget measure that could bring the Federal Government $13 billion.
Media's advice attack could slow with change
The current stream of bad press about financial advice can be wiped away with some cultural change, Financial Advisers (AFA) national president Deborah Kent says.
Demand for details of lobbies' glad-handing
A former senior federal bureaucrat says lobbyists should be forced to reveal their private discussions with ministers and government workers.
Stunning study says good choices save money
A new report says Australian governments could save billions by buying smarter.
Treasury boss backs Reagan and restriction
The new head of Australia's Treasury is a big fan of Ronald Reagan and says austerity is getting a bad rap.
Baby costs show price of new life
Economists have put a dollar figure on the time pressure and stress experienced by mothers in the first year of a baby’s life.
Welfare remix seeks big cuts
Children must be vaccinated for their parents to receive welfare benefits, under reforms proposed for Australia’s $150 billion welfare system.
Big mine deals at decade low
Mergers and acquisitions in Australian mining are at their lowest level in 10 years.
ANZ's slow figures send jobs drifting
ANZ is sending over 100 jobs offshore, following a drop in shares on stagnant figures.
Asian deal to deliver for Toll
There is some division over a $6.5 billion takeover offer for logistics giant Toll.
Brain drain and other pain for unfunded locals
One of Australia’s top scientists has warned that cuts to research funding will put the nation at risk.
Child changes hope to keep care cheap
A long-awaited major review of Australian childcare has called for a single means-tested payment and federal funding for nannies.
RBA moved to get in touch with the blind
The Reserve Bank of Australia (RBA) is undertaking significant reform, prompted by an unlikely source.
Tech sector picked as pickaxes slow
Analysts are pushing for better way to promote innovation in technological industries, to fill the economic void left by the mining decline.
Uni change may not save
Economic modelling shows the Abbott government’s plan to deregulate university fees would drive up inflation in such a way that it will cost more than the savings from the change.
Block switch to bring big home boost
Sydney Council says a CBD construction boom is ramping up, thanks to funds from multinational investors.
Accountants urged to self-school on SMSF
Reports say accountants may have to charge headlong into advice on self-managed superannuation funds, despite not understanding the process for the uptake of the limited licensing regime.
ASIC warns ahead of registry launch
The Australian Securities and Investments Commission's (ASIC's) adviser register should be ready for use by March 31.
ASX keeps clearing in lieu of better idea
ASX Limited will not give up its monopoly in share clearing, arguing that it would too difficult and probably ineffective.
FOFA fizzles in federal storm
Insiders say the Federal Government appears to have given up on its contentious changes to Future of Financial Advice (FOFA) legislation.
Gambling gains only part of the game
A new study suggests monkeys have a very human desire to learn, especially if it proves them right.