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| | | Sometimes, the questions not asked can matter more than the answer. At the parliamentary inquiry into KPMG in August, Macquarie chair Glenn Stevens was asked whether he had ever questioned his audit committee chair about her contact with the firm during ... |
| | | | "No one can predict a fraud in advance. We're not clairvoyants." The chair of Diversa Trustees, Vincent Plant, testified before last month's parliamentary committee inquiry into the collapse of the Shield and First Guardian master funds. The ... |
| | | | ... reduce the disallowance period for CSLR levy instruments from 15 sitting days to five sitting days in each House of Parliament. A new estimate for the FY27 CSLR levy has increased for the financial services sector to $198.1 million, a $60.7 million increase ... |
| | | | ... (CGT) to ensure foreign residents pay their fair share of tax on Australian real property have passed both houses of parliament. Treasury Laws Amendment (Strengthening Accountability for Tax Adviser Misconduct and other Measures) Bill 2026 covers numerous ... |
| | | | ... examined the design, operation and effectiveness of the regime. Its final report was handed down in May and tabled in parliament in July. Speaking to Financial Standard, FinTech Australia chief executive officer Rehan D'Almeida commented on the likely ... |
| | | | ... changes the disallowance period for CSLR levy instruments from 15 sitting days to five sitting days in each House of Parliament. One of the key issues is that currently, the period between the CSLR notifying the minister of a funding shortfall and receipt ... |
| | | | Diversa Trustees' board paid chief executive Andrew Peterson a bonus of $770,000 and increased his salary at the height of the First Guardian collapse, an inquiry heard, doubling down on its confidence in his leadership and suitability to lead the ... |
| | | | Diversa Trustees deflected responsibility at a parliamentary inquiry that criticised its governance and structural problems, particularly its role in the failed First Guardian Master Fund, in which members invested about $240 million. At the recent ... |
| | | | Macquarie's board has rejected KPMG as its auditor starting 2027 and will instead proceed with incumbent auditor PricewaterhouseCoopers (PwC). This comes after Macquarie chair Glenn Stevens was grilled at the August 14 parliamentary hearing over the ... |
| | | | ... amendments incorporated into the Treasury Laws Amendment (Tax Reform No. 2) Bill 2026, which passed both houses of parliament on August 19. Under the new provisions, a surviving spouse who acquires their deceased partner's interest, either as a surviving ... |
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