Archived News for Finance Sector Professionals - November, 2018
German raids over Panama analysis
Prosecutors have raided Deutsche Bank’s headquarters over alleged complicity in the creation of offshore companies in tax havens.
Royal Commission exposes more failings
The big four banks and AMP have been grilled in the closing stages of the banking royal commission.
New way to pay for Sydney trains
Sydney residents can now pay for their train rides by tapping on with a credit or debit card.
Banking bribes brought to light
Two Reserve Bank of Australia (RBA) subsidiaries have been fined over $21 million for offering bribes to foreign officials.
Corruption dubbed "fringe issue"
The Federal Government says it is working on its own anti-corruption watchdog.
'Big stick' to be tabled
The Morrison government is set to introduce its ‘big stick’ for energy companies within this fortnight.
Big gas deal denied
The Federal Government has blocked a $13 billion bid for the bulk of Australia's gas networks.
Labor picks up dumped NEG
The Prime Minister appears to have dashed the hopes of Australian businesses calling for bipartisan support on energy policy.
ASIC calls for more resources
ASIC has denied being too friendly with big banks and financial institutions ...
Gaps grow despite push for equity
Australia’s decade-long ‘education revolution’ appears to have disadvantaged many public schools.
Unions consider casual case
Industrial Relations Minister Kelly O'Dwyer has called on the Federal Court to wrap up an important casual worker test case.
ATO calls for panic alarms
Thousands of Tax Office staff will be given panic buttons on mobile phones in response to security fears.
Paid parental changes proposed
A new plan would see families gain greater flexibility with how they use paid parental leave entitlements.
SA moves to recoup smelter funds
SA’s Liberal Government is trying to claw back over $291 million offered to Nyrstar by the former Labor government.
Inpex sets up $24m fund
Japanese gas giant Inpex will pay Darwin's Larrakia people $24 million over the 40-year lifespan of the Ichthys LNG project.
AUSTRAC issues non-profit warning
Financial intelligence agency AUSTRAC has warned non-profits are vulnerable to terrorist infiltration and exploitation.
Pay cut for NAB boss
National Australia Bank chief executive Andrew Thorburn has taken a $2.1 million pay cut.
Senate backs donation plan
A bill to ban foreign political donations has passed the Senate, despite concerns about a loophole.