Banking, Accounting and Finance News
The Federal Government is looking to tax celebrities, sportspeople and entrepreneurs on money earned through their “fame or image”, but could face some challenges.
Bank report makes big calls
The final report from the banking royal commission spells out overhauls and court action for the local finance sector.
RMS IT deal goes to India
An Indian firm has been awarded a controversial NSW Government IT outsourcing deal.
Huawei issues assurance in WA
The WA Government has demanded assurances from embattled tech firm Huawei that it can deliver on a $200 million project.
Labor promises NBN improvements
The ALP may write down the value of the NBN to make access more affordable.
Energy underwriting plans proceed
The Federal Government says it received a strong response to the "registration of interest" phase of new power plans.
Big bank review released
The report from the banking royal commission has been handed to the Federal Government.
AEC reveals donor list
The AEC has released a list of political donors and amounts for the 2017-18 period.
Childcare keeps rising
Government data shows childcare fee increases continue to outpace the cost of living.
Federal ad spend tops $200m
The Federal Government has spent over $200 million on advertising since the beginning of last year.
ASX200 close to gender goal
Corporate Australia is just short of its 30 per cent target for women on ASX200 boards.
BHP handed big tax bill
Mining giant BHP Billiton has been left with an $82 million tax bill after a battle with the ATO.
Open banking settings questioned
The Australian Banking Association (ABA) has slammed proposed privacy and security settings for banking reforms.
BHP counts derailment costs
BHP says having to remotely derail a train led to a $US600 million drop in iron ore production.
Unemployment drops to 2011 levels
Unemployment dipped down to 5 per cent in December despite soft economic conditions.
UN issues mine warning
The UN says the Carmichael coal mine should not go ahead with traditional owners’ consent.
Regulators wined and dined
Staff at Australia’s corporate and consumer watchdogs are accepting gifts and hospitality from the industries they regulate.
Influence alleged in ATO case
A former ATO boss has been accused of misusing his position to benefit his son.
Gig economy faces tax crackdown
The Federal Government is looking at mandatory income reporting for Uber drivers, Airbnb hosts and others in the gig economy.
Attenborough urges action
Sir David Attenborough has told economic leaders that the planet faces destruction without proper climate change responses.