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Showing 51 - 60 of 480 results for "Parliamentary"

James Mawhinney arrested as Mayfair 101 saga rolls on

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2024
... prosecution.'" The day before he was arrested, Mawhinney published an article on the Mayfair 101 website, again calling for a Parliamentary inquiry into ASIC and its investigation of IPO Wealth Group and Mayfair 101. "The Australian Parliament needs ...

Wholesale investor tests up for parliamentary review

KARREN VERGARA  |  MONDAY, 25 MAR 2024
The federal government wants to shake up the wholesale investor tests further in launching a parliamentary inquiry into the entire framework, worrying many fund managers operating in the high-net-worth space. The Parliamentary Joint Committee on Corporations ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... ASIC's ongoing investigation into him and Mayfair 101 should be discontinued. He also reiterated earlier calls for a parliamentary inquiry into ASIC. "The settlement makes clear that ASIC, the liquidators and Vasco misrepresented the affairs of the ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... He expressed concerns that these funds might be used to counteract legislative initiatives, potentially stifling parliamentary decisions to liberalise superannuation rules for purposes like aiding first home buyers or providing support during economic ...

Josh Frydenberg takes over as Goldman Sachs chair

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
... for the environment and energy, minister for resources, energy and northern Australia, assistant treasurer, and parliamentary secretary to the Prime Minister. He also previously worked in financial services, including as director of global banking for ...

ASX provides clarity on CHESS replacement

CHLOE WALKER  |  THURSDAY, 29 JUN 2023
Responding to suggestions made at the Parliamentary Joint Committee (Committee) on Corporations and Financial Services, the ASX has confirmed no decisions have been made in relation to the CHESS replacement. In a letter to Committee chair Senator Deborah ...

New inquiry targets audit sector following PwC scandal

CASSANDRA BALDINI  |  FRIDAY, 23 JUN 2023
A parliamentary inquiry into Australia's audit sector has been launched following PwC's tax leak scandal. Undertaken by the Joint Standing Committee on Corporations and Financial Services, Senator Deborah O'Neill advised the inquiry will ...

High Court rejects Mayfair 101 plea

JAMIE WILLIAMSON  |  MONDAY, 24 APR 2023
... with our service, it brings into question why ASIC reacted in the way it did. I anticipate this new trial, and the Parliamentary Inquiry into ASIC's conduct, will reveal just how broken ASIC really is." Separately, the Federal Court of Western Australia ...

ASIC grants MSC Trustees new powers

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... The authorisation comes after seven years of MSC lobbying the government, which included participating in the 2020 parliamentary enquiry into the Australian corporate bond market. MSC will use its new authority for a $30 million note issued by ASX-listed ...

We did too much: Lowe

CASSANDRA BALDINI  |  FRIDAY, 17 FEB 2023
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 ...