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| | | Fronting a Senate Estimates hearing, the Tax Practitioners Board (TPB) said it has no plans to suspend PwC, nor has it formally considered whether the consultant breached legislative requirements to act honestly and with integrity. Appearing in Canberra ... |
| | | | During a Senate Economics Committee session yesterday, it was revealed that APRA is investigating the financial relationships between superannuation funds and unions. APRA deputy chair Margaret Cole confirmed the regulator's ongoing scrutiny into certain ... |
| | | | The Consumer Price Index (CPI) has jumped from 6.3% to 6.8%, adding to theories Australians could be in for another rate hike. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), exceeded economist predictions of ... |
| | | | PwC acting chief executive Kristin Subbins confirmed the embattled firm will stand down more senior staff while tax breach investigations continue, however their names will not be revealed. In an open letter, Stubbins apologised for the firm sharing ... |
| | | | The fraudster who purported to be a financial adviser to scam upwards of $23 million out of family and friends is likely dead, the inquest has found. That was the key finding delivered by the NSW Coroner yesterday, though the nature of her demise could ... |
| | | | ... validate the cost/performance outcome. There's so much reliance on an intuitive sense or just a confident assertion like, 'yes, we're getting a good price from this manager'," he said. "As an industry, we need to get beyond these assertions and move ... |
| | | | A formal investigation into the embattled PwC will commence following Treasury's referral to the Australian Federal Police (AFP). Australian Treasury Secretary Steven Kennedy announced the matter, in which PwC senior partners shared information ... |
| | | | Finalising new prudential standards, APRA is aiming to bolster banks, insurers, and superannuation trustees' resilience against future financial crises. APRA hopes the new standards will equip these financial entities with strategies to counteract threats ... |
| | | | Saxo Capital Markets was forced to amend its target market determinations after the regulator raised concerns. ASIC said the stop orders, handed down on Tuesday, prevented Saxo from issuing new contracts for difference (CFDs) to retail clients because ... |
| | | | ... and a massively disrupted one at home in Australia, any federal treasurer has much less room to move than we may appreciate. Yes they can introduce efficiencies and redirect intra-program priorities but the broad parameters are already set. Showing how ... |
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