Terror Australis

Article Abstract:

Business enterprises are waking to the fact that the new rules being framed by the Australian government to curtail money laundering by criminals and terrorists are expensive to implement. The implications of this new bill for directors and companies are discussed. The provisions in the new anti-money-laundering bill are in accordance with the stipulations by the Financial Action Task Force on Money Laundering, an international agency that is formed to stop money laundering.

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Pumped up

Article Abstract:

Dave Reeve, the chief executive of Caltex Australia expresses his views about his job as Australia's top oil man and he asserts that he has a lot of plans that will help resuscitate the company. He claimed that he did not know anything about the way business was conducted in Australia and despite the country having a reputation of being a difficult market he seems to be enjoying his stint in the country.

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Big bill for cleaner fuel

Article Abstract:

The struggling oil refiners are facing a bill of more than one billion dollars in order to ensure that their plants comply with tough new fuel quality standards. This would in turn result in the emergence of new pressures for rationalisation.

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