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Showing 591 - 600 of 5389 results for "Federal"

Australia-UK FTA a boon for local business

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... including agricultural products, through the elimination of tariffs, quotas and non-tariff barriers under the FTA," the federal government said at the time. Some Australian exports, such as wine, short and medium grain rice, sugar, honey, nuts, olive ...

TPB grilled over handling of PwC scandal

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2023
... view that we haven't failed to deal with what's occurred here." In dealing with such matters, the TPB can apply to the Federal Court for an order for payment of a pecuniary penalty - something, Pocock pointed out, it has not done. "Why no fine? The average ...

Risk of recession growing: Podcast

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... Reserve Bank continues to surprise on the upside." He explained a big factor will be the minimum wage case and said if the federal government increases 6% or 7%, as requested by the Australian Council of Trade Unions (ACTU), it could trigger more hikes. ...

More PwC staff to go, will remain anonymous

CASSANDRA BALDINI  |  TUESDAY, 30 MAY 2023
... the open letter, Stubbins explained further that PwC has commenced a process to ringfence the provision of services to federal government departments and agencies to enhance the firm's controls to prevent conflicts of interest. "We are moving quickly ...

Melissa Caddick declared dead by coroner

JAMIE WILLIAMSON  |  FRIDAY, 26 MAY 2023
... despair." This, it was deemed may have made her susceptible to suicidal intent. In relation to ASIC and the Australian Federal Police's conduct during the search of Caddick's home, the magistrate said she did not consider them to have done anything wrong ...

Treasury hands PwC tax scandal to AFP

CASSANDRA BALDINI  |  THURSDAY, 25 MAY 2023
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 ...

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... to ASIC data, losses are estimated to be around $800 million, with the case now filed in the Victorian Registry of the Federal Court. Also pertaining to the investment sector, AFCA discovered a financial firm to be engaging in unauthorised trading, providing ...

Treasury consults on giving AFCA more super powers

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2023
... Authority (AFCA) should have its remit expanded to deal with more complaints related to superannuation, following the Federal Court's MetLife decision. As it stands, under Part 7.10A of the Corporations Act, AFCA has certain statutory powers to deal ...

BNPL to be regulated under Credit Act

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... consumer outcomes. Historically, BNPL schemes have been exempt from tough regulation as they do not charge interest, but the federal government has looked to overhaul this following its options paper and review of the sector which opened last year. Speaking ...

Investment fraud accomplice charged

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... that alleged he used an unregistered investment scheme to defraud $36.5 million from nine investors. ASIC acted in the Federal Court to wind up the unregistered managed investment scheme operated by Marco and AMS Holdings (WA) Pty Ltd, the AMS Holdings ...