Treasury - News, Features, and Slideshows


  • Draft laws relax regulation on fintechs

    The government published draft laws today that would let financial technology companies operate without a full licence, a measure it said would encourage innovation without compromising existing levels of consumer protection.

    Written by Reuters24 Oct. 17 11:48
  • Treasury picks finance gateway reviewer Eamonn Rooney to lead IT

    ​Commonwealth Treasury has tapped Eamonn Rooney as its new CIO, a former gateway review team leader for the Department of Finance who provided recommendations to agency heads and Deputy Secretaries regarding complex and high risk ICT initiatives.

    Written by Jennifer O'Brien20 Feb. 17 10:03
  • NSW Treasury new CIO: State must use its weight

    NSW Treasury’s new CIO, Miles Ashton, has said the state government must leverage its size to attract talent and get better value from vendors.

    Written by George Nott19 Sept. 16 11:21
  • Cultural challenges slow federal open data efforts

    The passage of the DATA Act last year brought with it a new set of mandates for government agencies to bring more of their spending data online, in a common format, to achieve a fuller picture of where public money is being spent.

    Written by Kenneth Corbin05 Aug. 15 05:39
  • IRS cut its cybersecurity staff by 11% over four years

    The Internal Revenue Service, which disclosed this week the breach of 100,000 taxpayer accounts, has been steadily reducing the size of its internal cybersecurity staff as it increases its security spending. This may seem paradoxical, but one observer suggested it could signal a shift to outsourcing.

    Written by Patrick Thibodeau29 May 15 00:32
  • H-1B employees crowd out other workers, says study

    The battle over the H-1B visa is mostly a battle of brute political muscle on Capitol Hill, coupled with campaign spending. But in the quieter academic sphere, the visa is a topic of ongoing research, and a new paper by three economists is challenging some of the <a href="">assertions made by the tech industry</a> that H-1B workers deliver economic gains.

    Written by Patrick Thibodeau13 May 15 04:29
  • Data center consolidation pays off, feds find

    Republicans and Democrats in Congress rarely seem to agree on anything anymore, but top members from both sides Friday offered qualified support for efforts to consolidate federal data centers.

    Written by Patrick Thibodeau27 Sept. 14 06:39
  • Even crooks couldn't profit from Microsoft's Surface flop

    A former Microsoft finance manager was sentenced to two years in federal prison Friday after pleading guilty to an insider trading scheme that netted he and a partner more than $400,000.

    Written by Gregg Keizer11 Aug. 14 21:39
  • Treasury to build mobile virtual desktops

    The Treasury is planning to build virtual desktops for mobile staff and make that standard across the organisation, said CIO Peter Alexander.

    Written by Rebecca Merrett21 May 14 09:57
  • Lenovo's Motorola, IBM server buys will likely get strict U.S. security review

    Beijing-based Lenovo Group's plan to buy Google's Motorola Mobility unit and an IBM server division for a combined $5.2 billion will likely face strict and lengthy national security scrutiny by an inter-agency committee of the U.S. government, two Washington attorneys who are veterans of the review process said Thursday.

    Written by Matt Hamblen30 Jan. 14 23:01