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| | | Mayfair 101's James Mawhinney has seen his High Court appeal rejected, allowing ASIC's case against him to be retried in the Federal Court. In October 2022, the Full Federal Court ordered a retrial after it found ASIC's original case against Mawhinney ... |
| | | | ... over will need to report their gender pay gap from next year, following the passing of an equality bill in federal parliament. The government yesterday passed its Gender Pay Gap Bill which will enable half a million Australian employees to access their ... |
| | | | ... underpayment of workers' superannuation. Treasurer Jim Chalmers announced that new legislation will be introduced to Parliament this week, focused on enshrining workers' right to superannuation payments in the National Employment Standard. This measure ... |
| | | | ... consumers will be waiting until 2024 to receive compensation." Jones aims to put the legislation over the line when parliament reconvenes in about a fortnight. The CSLR aims to provide compensation to eligible consumers who have received a determination ... |
| | | | The corporate watchdog has bestowed MSC Trustees new powers to act as a trustee for debt instruments such as debentures, notes and bonds issued by public companies, a first for an Australian corporate trustee. MSC Trustees is the first trustee firm ... |
| | | | ... promoting consumer trust in financial advice, the FPA expressed reservations about the legislation introduced into Parliament this week, citing concerns about its scope, moral hazard, and cost implications for members. "An effective CSLR will promote ... |
| | | | ... within the scope of the Compensation Scheme of Last Resort (CSLR), legislation for which was once again introduced to Parliament just yesterday. This will come as a blow to the likes of the Financial Planning Association of Australia which last year ... |
| | | | The Financial Accountability Regime and Compensation Scheme of Last Resort have been introduced to Parliament by Assistant Treasurer Stephen Jones. The Financial Accountability Regime (FAR) Bill 2023 aims to promote accountability and responsible behaviour ... |
| | | | Fronting another parliamentary hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe acknowledged the central bank incorrectly predicted rates wouldn't rise until 2024, admitting he's embarrassed. Lowe explained that the pandemic ... |
| | | | ... housing and fund specialist services for veterans who are experiencing homelessness or at-risk of homelessness. In Parliament, Prime Minister Anthony Albanese said: "A home to call your own, whether you own it or not is more than just a place to sleep." ... |
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