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Regulation

Regulation

Why ASIC needs to rise from ashes of failed phoenix case

Court finds insufficient reasons to condemn “too trusting” liquidator.
24 November 2023 • By Trevor Withane

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Regulation

Restaurant couple fined $70k for underpaying relatives

Sister and brother-in-law were short-changed $175,000 over four years, court found.
22 November 2023 • By Philip King
Regulation

Canberra to merge FRC, accounting and audit bodies

A single authority from 2026 will be more efficient and fit for purpose, the Treasurer says.
21 November 2023 • By Philip King
Regulation

CA ANZ fights rearguard action against TPB legislation

Mandatory reporting obligations for tax practitioners will pose major reprisal and defamation risks, the accounting...
20 November 2023 • By Philip King, Miranda Brownlee
Regulation

Law shoots for ‘biggest crackdown’ on tax adviser misconduct

Reforms include an increase in penalties and greater protection for whistleblowers.
17 November 2023 • By Miranda Brownlee
Regulation

Furious CPA Australia decries ‘punishment of the many’

Industry urges consultation before legal amendments destined to usher in mandatory reporting and changes to the TPB.
16 November 2023 • By Philip King
Regulation

Partners at big firms to be banned from TPB

Greens’ amendments to a bill in the Senate have been given the thumbs-up by the government.
15 November 2023 • By Miranda Brownlee
Regulation

Comply with revised fixed-term contract rules, FWC warns

Strict limitations on contract duration and renewal will be enforced in three weeks, the regulator says.
14 November 2023 • By Philip King