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Regulation

Regulation

Salon penalised almost $300k for abuse of a visa worker

The FWO found the hairdressing salon had underpaid the worker and required her to make cashback payments to assist her...
14 April 2023 • By Josh Needs

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Regulation

Limited licence advisers ‘an endangered species’

Numbers will drop into double digits this year, according to Adviser Ratings.
11 April 2023 • By Jessica Penny
Regulation

For some, greenhushing means it’s all quiet on the climate front

As ASIC and the ACCC enforce stricter guidelines around greenwashing, many businesses are backtracking on...
06 April 2023 • By Josh Needs
Regulation

ASIC sues Auto & General alleging unfair contracts

The regulator says a requirement by the insurer imposes an “unclear obligation” that could “mislead or confuse”.
06 April 2023 • By Philip King
Regulation

How demise of peak indebtedness rule resets clawback amounts

The High Court has abolished a convention that allowed liquidators to maximise the potential of unfair preference...
06 April 2023 • By Trevor Withane
Regulation

Insolvent financial firms put $692m of claims in limbo, AFCA reveals

The compensation scheme of last resort will be crucial for almost 5,000 complaints on hold due to company wind-ups.
05 April 2023 • By Philip King
Regulation

Seafood labelling regime ‘huge burden’ on hospitality

The small business ombudsman says proposed country-of-origin rules would be a nightmare in practice.
04 April 2023 • By Philip King
Regulation

Fraudulent SME business insurer sentenced to nearly three years in jail

The dishonest actor obtained almost $100,000 by providing invalid insurance to small businesses.
04 April 2023 • By Josh Needs