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Westpac picks KPMG partner Michael Rowland as new finance chief – Sydney Morning Herald

Westpac has hired management consultant Michael Rowland as its next chief financial officer, highlighting his experience in restructuring companies and boosting productivity.

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Westpac has hired management consultant and former ANZ banker Michael Rowland as its next chief financial officer, highlighting his experience in restructuring companies and boosting productivity.
Chief executive Peter King, who left the key role of CFO to become CEO during last year’s money laundering compliance crisis, said Mr Rowland’s appointment would assist his goal of simplifying the country’s oldest bank.
Westpac has appointed a new chief financial officer, Michael Rowland.Credit: Will Willitts
Mr Rowland is set to join Westpac during a period of major change at the banking giant after last November’s revelations of a mass breach of anti-money laundering laws, including failing to properly vet thousands of suspicious payments potentially involving child exploitation transactions. The scandal sparked a management shake-up and put the bank on track to cop a record-breaking corporate fine.
Mr Rowland is joining from KPMG, where he has been a partner in management consulting specialising in financial services since 2014. Before that, Mr Rowland held executive positions at ANZ Bank, and was also the finance chief at ING Australia.

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Data breach at University of Tasmania affects 20,000 students – ABC News

The University of Tasmania contacts almost 20,000 students after their personal information was accidentally made accessible to all users with a UTAS email addr…

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The University of Tasmania has had to contact almost 20,000 students after their personal information was accidentally made accessible to all users with a UTAS email address.
In a statement, the university said the data contained “personally identifiable information of 19,900 students”.
UTAS said there was “no evidence this data breach was the result of malicious activity” and that “security settings on shared files were unintentionally configured incorrectly, which made the information visib…

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Woolworths forced to end Disney Ooshies promotion early – NEWS.com.au

Woolworths forced to end Disney Ooshies promotion early

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Woolworths has been forced it end its Disney Ooshies promotion early due to an unprecedented demand for the collectable items.The promotion has been so popular that the supermarket giant announced today that the Ooshie stock would be depleted by the end of the week.
“Availability of Disney Ooshies in store varies from store-to-store in each state and territory, however online redemption of Ooshies will cease everywhere other than Victoria from later today,” Woolworths said in a media release.

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Stolen super returned to workers – NEWS.com.au

Stolen super returned to workers

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More than half a billion dollars in unpaid superannuation will be repaid to almost 400,000 Australian workers.Under the Federal Government’s superannuation guarantee amnesty, 24,000 businesses confessed to failing to pay employees their entitlements before the September 7 deadline.
New Australian Taxation Office figures show at least 393,000 employees will have money paid into their super funds, or their bank accounts if they are no longer working.
Assistant Superannuation Jane Hume said emplo…

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