Archived News for Executives and Senior Management

Labor leader Bill Shorten wants to fast-track giving evidence on his action at the Australian Workers Union (AWU), while Prime Minister Tony Abbott seizes the chance to criticise.

Big moves and bad plays bring grocery downgrade

Analysts have unleashed savage downgrades on their views of Woolworths’ stock, following the departure of chief executive Grant O'Brien and the sacking of 1,200 workers.

Cash Converters agree to partial pay-back

Two class action lawsuits against Cash Converters have been settled out of court, which will see partial refunds of thousands of customers who were charged up to 633 per cent interest on loans.

Credit cards help banks hit $12 billion in fees

Reserve Bank figures show Australian banks pulled in $12 billion in fees in 2014, with credit cards bringing the strongest growth.

Big business joins Black Dog to boost rural service

A major rural employer has partnered with the Black Dog Institute to bring better mental health services to remote parts of WA.

Income gap hurts GDP, IMF says

The gap between rich and poor in advanced economies is now at its highest level in decades.

Social media seen as poor source of news

A new study has plotted the ways the people reinforce and expand their opinions, by surrounding themselves with sources that agree.

Hyperloop prepares for leap into reality

Reports say SpaceX will actually build Elon Musk’s Hyperloop – a futuristic transport tube designed to move people and freight at speeds over 1,200 km/h.

Katter enters FIFO fracas

Outspoken MP Bob Katter has spoken at the Queensland Parliamentary Committee FIFO inquiry, calling on mining companies to hire locally.

ACMA under microscope in deregulatory review

The Federal Government says a new communications industry regulator will be better able to control the ever-changing sector.

Shorten's deals stay veiled for now

Opposition leader Bill Shorten is saying nothing about his union history, until he faces the Royal Commission later this year.

Stations fall in SA coal collapse

Alinta Energy says its coal-fired power stations at Port Augusta in South Australia will close in early 2018, or possibly sooner.

ACCC wants iiNet's service to stay

The ACCC has heard concerns about internet company TPG’s proposed takeover of iiNet.

Clouds spotted in big players' future

Global credit ratings agency Fitch has handed negative ratings outlooks to BHP Billiton, Rio Tinto and Anglo American.

Murdoch makes room for more Murdochs

Fox is becoming even more of a family affair.

Roy Hill digs into social improvement

Gina Rinehart's company Roy Hill is funding a charity to provide training, education and cultural benefits in Western Australia's Pilbara region.

World Bank warns Fed on global grounds

The World Bank has warned of a rocky road ahead for emerging economies, as the US moves to tighten its monetary policy.

ATO jumps on insurance switch crusade

The Abbott government wants to allow public service bosses to ditch the Comcare workers' compensation fund.

Human rights repressed in partisan pressing

In the war between Attorney-General George Brandis, Immigration Minister Peter Dutton and Human Rights Commission president Gillian Triggs, it is difficult to know who should explain themselves.