Markets

The early access to super scheme has been temporarily suspended after the AFP reveals fraud investigations

Applications to withdraw superannuation early have been paused amid a fraud investigation. Assistant Treasurer Michael Sukkar confirmed the scheme is on hold until at least Monday as security is tightened. The Australian Federal Police (AFP) are investigating 150 cases of fraudulent access, after personal information was stolen by “sophisticated” criminals. […]
The early access to super scheme has been temporarily suspended after the AFP reveals fraud investigations
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This ABC journalist live-tweeted the entire federal police raid, and the reporting is pure gold

Australian Federal Police officers raided the Australian Broadcasting Corporation’s Ultimo headquarters on Wednesday, seizing documents relating to The Afghan Files, a series of 2017 leaked documents alleging Australian special forces were involved in unlawful killings in Afghanistan. National and global media outlets and representative organisations have criticised the raid as […]
This ABC journalist live-tweeted the entire federal police raid, and the reporting is pure gold
News

Peter Dutton looks set to lead a new, powerful national security super-agency — but cabinet colleagues have concerns

Prime minister Malcolm Turnbull is set to create a new super-ministry headed by immigration minister Peter Dutton, in which police, intelligence and border control agencies will be brought under one roof. The new department will see the Australian Federal Police, the Australian Security Intelligence Organisation, the Australian Border Force and […]
Peter Dutton looks set to lead a new, powerful national security super-agency — but cabinet colleagues have concerns
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Most of Australia’s serious crime is being run from other countries

Serious crime in Australia is increasingly being directed from offshore, according to Australian Federal Police commissioner Andrew Colvin. Federal police estimate that about 70% of serious criminal threats have an international dimension, Colvin told the National Press Club today. The federal police have built an extensive international liaison network as […]
Most of Australia’s serious crime is being run from other countries
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The AFP is getting its biggest funding increase in a decade

The Australian Federal Police (AFP) will be a big winner in tomorrow’s federal budget, receiving an extra $321.4 million to hire up to 300 more specialist officers. The funding over four years will be used to hire a range of experts, from bomb technicians to undercover officers, negotiators, digital investigators […]
The AFP is getting its biggest funding increase in a decade
News

The AFP is searching parliament today over NBN leaks

Former Labor communications minister Stephen Conroy says the Australian Federal Police (AFP) have told him they will search the Department of Parliamentary Services at Parliament House this morning for emails from Labor staffers over suspected leaks to the media about the National Broadband Network (NBN). In May as the federal […]
The AFP is searching parliament today over NBN leaks
Markets

HSBC profits dive 29% on Brexit and China

Hong Kong (AFP) - HSBC said Wednesday profit before tax plunged 29 per cent in the first half of 2016 to $9.7 billion, after "exceptional volatility" during a turbulent six months ending in Britain's decision to leave the EU.
HSBC profits dive 29% on Brexit and China