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Showing 91 - 100 of 540 results for "Independence"

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... of Monetary Policy released by treasurer Jim Chalmers. This statement reaffirms the government's commitment to RBA independence, set out the agreed approach to meeting the board's objectives, and helps implement the RBA Review recommendations. "Consistent ...

'Should have known better': AAT tells auditor

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2023
... upheld by the Administrative Appeals Tribunal (AAT). In August 2022, Janette Townshend was found to have breached independence requirements by auditing a fund where her spouse was a member and director of the trustee for six years. She had served as ...

Aussies value super but remain unprepared: Data

CASSANDRA BALDINI  |  WEDNESDAY, 8 NOV 2023
Most Australians acknowledge the importance of superannuation in achieving financial independence, however one-third of the population feels ill-prepared to navigate unforeseen financial hurdles. According to the latest Financial Freedom study conducted ...

Pepper Money launches SMSF loan offering

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... the space. "SMSF lending is being embraced by a growing number of Australians as one way to have some control and independence over their financial future," he said. "The increased appetite for these loans, coupled with the lack of options for borrowers ...

ASIC bans former PwC partner over tax scandal

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... gap-analysis to identify a firm-wide target culture focused on restoring trust. Its next commitment looks to increase the independence and effectiveness of the governance board. PwC reinforced its plan to adopt ASX guidance and appoint new staff to support ...

ASIC cracks down on 11 SMSF auditors

ANDREW MCKEAN  |  WEDNESDAY, 11 OCT 2023
... September 30. The corporate regulator's action was spurred by the auditors' failures in meeting assurance standards, independence requirements, and adhering to registration conditions. Notably, these SMSF auditors were flagged and referred to ASIC by ...

PwC chief executives hold too much power: Review

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... overly collegial culture at PwC Australia has tended to amplify the power of the chief executive." Further, a lack of independence and external voices within the ultimate governing body was another concern raised. Switkowski explained that PwC's ...

Unlisted asset valuation flaws complicate comparison

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
... processes that they go to valuation, and the expertise brought to bear in forming the valuation. That's about use of independence, a regular cycle of review within the team, and oversight by the board," Patrick said. That will give a member some ...

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
... Mota said that, since taking over MLC, Godfrey Pembroke's advisers have expressed a keen desire for operational independence and management ownership. In fact, it was something Insignia was made aware of prior to the MLC acquisition going ahead. ...

ASIC continues to reprimand SMSF auditors

CHLOE WALKER  |  MONDAY, 24 JUL 2023
... three SMSF auditors for failing to satisfy fit-and-proper person requirements or breaches of auditing standards, independence requirements and registration conditions. Paul Barry, Stephen Funder, Bruce Jones, Gregory Leggett, and Malcolm Orman were disqualified ...