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Showing 241 - 250 of 1074 results for "Commissioner"

ATO cracks down on crypto

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
... taxpayers as they lodge their 2021 tax return to report their cryptocurrency capital gains or losses," ATO assistant commissioner Tim Loh said. Crypto investors must report a disposal of the currency for capital gains tax if one currency is exchanged ...

Former adviser jailed for six years

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... managing a corporation for five years. His six years' imprisonment comes with a four-year non-parole period. ASIC commissioner Danielle Press commented: "Financial advisers should always allow clients to have direct access to information about their ...

Super fund whistleblower policies lacking: ASIC

KANIKA SOOD  |  THURSDAY, 20 MAY 2021
... should be published widely. Speaking at the Conference of Major Superannuation Funds in Adelaide on May 20, ASIC commissioner Danielle Press called attention to drawbacks in whistleblower policy requirements that came into effect earlier this year. "Close ...

Long way for super complaints overhaul

KANIKA SOOD  |  THURSDAY, 20 MAY 2021
... must be responded to in 45 days. Speaking at the Conference of Major Superannuation Funds (CMSF) on May 19, ASIC commissioner Danielle Press shared the results of ASIC's survey of trustees' readiness for the changes which come into effect in ...

Aussie charities robust prior to COVID

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
... employs about 1.38 million people, while more than half of all charities (51%) operate without any paid staff. ACNC commissioner Gary Johns said the data indicates that up until the end of 2019, prior to COVID and in the lead up to the summer bushfires ...

ASIC appoints new chair, deputy chair

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
... considered as the next ASIC chair. She will remain co-deputy chair, working alongside Court. Court has been an ACCC commissioner since May 2008, reappointed for her second term in 2018. ACCC chair Rod Sims commented on Court's appointment at ASIC ...

Delay breach reporting law: AFA

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... concerns it will be impossible for small financial advice firms to comply with. The AFA outlined its concerns about Commissioner Kenneth Hayne's recommendation that in order to help protect consumers, AFSL holders must follow breach-reporting regulations ...

Business registration to be updated

ANNABELLE DICKSON  |  THURSDAY, 15 APR 2021
... services and the digital economy, minister for women's economic security Jane Hume announced the appointment of commissioner of taxation as the commonwealth registrar of the Australian Business Registry Services (ABRS) which marks the next phase ...

ATO quizzed on readiness for stapling

KANIKA SOOD  |  FRIDAY, 9 APR 2021
... readiness for a July 1 go-live. Appearing before the Senate Economics Legislation Committee yesterday, ATO assistant commissioner Larissa Evans said the manual checks with ATO for an employee's old account would take "minutes". The implementation ...

CBA to pay $7m for overcharged interest

ANNABELLE DICKSON  |  THURSDAY, 8 APR 2021
... submission that CBA tried to quickly remedy the error and found the delay "particularly troubling". As such, ASIC commissioner Sean Hughes said when financial institutions discover overcharging, they must take immediate action to remediate impacted consumers. ...