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Showing 271 - 280 of 1334 results for "Corporations"

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
... simpler financial advice, Michelle Levy maintains. As previously flagged in the draft proposals, Levy has suggested the Corporations Act be amended to provide that personal financial advice be provided by a relevant provider where it is provided by an ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... reflecting the general law. It will not include a safe harbour. As previously proposed, the report states that the Corporations Act should be amended to provide that personal financial advice be provided by a relevant provider where it is provided by ...

Mining company shares manipulator sentenced

JAMIE WILLIAMSON  |  TUESDAY, 7 FEB 2023
... paying $5000 with the expectation of good behaviour for two years. He is also automatically disqualified from managing corporations for five years. Evans was found to have conspired to push Quantum shares to a pre-determined price alongside former Quantum ...

Brighter Super revamps board structure

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... addition to the board, an energy industry veteran with experience working in Queensland state and local government-owned corporations. "In determining the composition of the new board, we considered the skills required, which is in line with our regulator ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... budget by seven times, or dramatically reduce poverty in Australia. "Decades of tax cuts for the richest people and corporations have fuelled inequality at home and across the globe, with the poorest people paying higher tax rates than many high-flying ...

Regulators urge ASX to maintain CHESS

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... CHESS, which will be audited by Ernst & Young. This is the first time ASIC has used its delegated power under the Corporations Act 2001 against an operator of a licensed market infrastructure for the purposes of auditing the support and maintenance of ...

Market manipulator sentenced

ANDREW MCKEAN  |  WEDNESDAY, 14 DEC 2022
... generally and public trust in them." As a result of the conviction, Cooper is automatically disqualified from managing corporations for five years from the date of conviction. Cooper was first charged with conspiring to commit market manipulation in ...

Former Statewide Super executives charged

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
... respectively of using their positions dishonestly for the benefit of another, contrary to s184(2)(a) and (b) of the Corporations Act. The matter has been adjourned to 28 February 2023. The Commonwealth director of public prosecutions is prosecuting the ...

ALRC should prioritise advice regulations: FPA

CASSANDRA BALDINI  |  THURSDAY, 8 DEC 2022
... ongoing review of financial services law. In its latest submission to the ALRC review of the Legislative Framework for Corporations, the FPA has suggested financial advice regulations are prioritised to transition to the ALRC's proposed structure of ...

Chuck out Chapter 7: Broome

CHLOE WALKER  |  THURSDAY, 24 NOV 2022
Ex-FPA chair Marisa Broome believes that when it comes to regulation for advisers, Chapter 7 of the Corporations Act is not fit for purpose. Addressing the crowd at the FPA Congress 2022, Broome said that for 90% of what she does as a planner, she doesn't ...