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Showing 1 - 10 of 28 results for "Senate Estimates"

TPB grilled over handling of PwC scandal

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2023
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 ...

ASIC dodges PGPA investigation questioning

CASSANDRA BALDINI  |  THURSDAY, 16 FEB 2023
... Bragg issued a statement following the hearing and said ASIC must show clean hands. "In a strange presentation at Senate Estimates today, the corporate cop ASIC has confirmed there has been an inquiry into ASIC's deputy chair," he said. "This fact ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
After questioning from Senator Andrew Bragg at Senate estimates, prudential regulator APRA shared it has done some preliminary investigations about payments to unions. Bragg has claimed that superannuation which should be for workers has turned into ...

Government to create ASIC, APRA regulator

ANNABELLE DICKSON  |  THURSDAY, 24 JUN 2021
... accountable to the parliament, the Financial Services Royal Commission noted that parliamentary committees, including Senate Estimates, have some limitations in assessing the effectiveness of the regulators (for example, the fields of expertise required ...

Shipton $200k out of pocket

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
... in October last year as he awaited an outcome of a review into his remuneration arrangements. Shipton told the Senate Estimates committee that the Australian National Audit Office was of the belief that the total remuneration he was paid exceeds the ...

ASIC's Chester spills Crennan truth

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
... concerning the rental allowance being paid to him, despite it being flagged last year. While being questioned at the Senate Estimates, Chester said the wording in Crennan's statement was "very carefully drafted". "It says that is when he was told of ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
... Australian recession is over! This was what Reserve Bank of Australia deputy governor Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded positive ...

Daniel Crennan resigns

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
... remuneration exceeded the regulator's salary cap. Senator Mathias Cormann tabled a statement from Crennan during Senate Estimates this morning at the request of Treasury. "In October 2018, I agreed to a request from the ASIC chair that I move to ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... a review into his remuneration arrangements. Tabling the 2019/20 ASIC annual report today and addressing the Senate Estimates committee, Shipton flagged certain relocation expenses incurred by both him and deputy chair Daniel Crennan. Shipton said the ...

ANU to help determine fate of SG increase

ELIZA BAVIN  |  FRIDAY, 6 MAR 2020
... guarantee is increased to 12%. Robb Preston, manager of Treasury's retirement income policy division, told the Senate Estimates committee that Treasury selected ANU's tax and transfer policy institute because it is a well-respected policy research unit. ...
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