Archived News for Finance Sector Professionals - March, 2018
The AMA has warned private health insurers are moving to maximise profits and reduce care.
Google backs off binary ads
Google says it will stop carrying advertisements for binary options trading and other risky financial schemes.
Hussar says DV leave too limited
The Fair Work Commission says five days' unpaid domestic violence leave is appropriate, but one prominent victim says it is not enough.
Report plots wealth vs. welfare
Tax concessions for the wealthy cost the Commonwealth more than its four main welfare services combined, according to a new report.
Union decries ATO indicator
ATO staff are having their performance measured against the amount that taxpayers pay back, something their union says is “unfair and unreasonable”.
ACCC seeks big fine rise
The ACCC says billion-dollar Australian companies must be fined more for breaching the law.
FSC calls for super expansion
A finance lobby has called for an inquiry into the growing lack of superannuation.
Telstra admits bill deception
Telstra has admitted thousands of customers may have been charged for content they did not mean to buy.
Grattan slams gold-plated power
A new report criticises several states for driving unnecessary investment in power networks ...
Banks face awkward questions
Big banks have been grilled at the financial services royal commission this week.
Fines outlined for Storm couple
The couple at the centre of the Storm Financial scandal could be charged $140,000 for failing to fulfil their duties ...
Online tax sting considered
The Federal Government is considering imposing a $7 tax per package when buying products from overseas online.
Unemployment increases
Despite the creation of 18,000 new jobs, Australia’s unemployment rate has edged up to 5.6 per cent.
ACTU wants casual change
Australia’s most powerful union group wants to guarantee conditions for casual workers.
Council money use questioned
Concern has been raised that Brisbane City Council's investment arm could put $270 million of ratepayer funds at risk.
Art views need digital lense
Australian creative industries are a major economic force, but a new study to creatives to go digital or go bust.
Economist proposes tax cut funding
One of the main people behind the Government's big business tax cuts wants profitable sectors to help fund the reforms.
Vic Liberals in court for cash
The Victorian Liberal Party is taking court action over access to a multi-million-dollar fund.
ACCC releases mortgage report
The ACCC is putting banks under pressure to improve their mortgage lending practices.