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FEDERAL COURT

Policy & Regulation

The Australian Taxation Office (ATO) has lost a court action brought by investors in a tax-effective scheme when the Federal Court ruled they entered into the scheme for ...

Financial planning

The Australian Securities and Investments Commission (ASIC) has begun the new year with a spate of actions against individual financial advisers....

Financial planning

A Melbourne financial planner has been issued with an order from the Federal court restraining him from receiving money in connection with the supply of financial product...

Financial planning

The Australian Securities and Investments Commission (ASIC) has handed out another sentence in relation to the Lifestyle Property Group, a failed property investment grou...

Accounting

Two Melbourne based accountants have been permanently banned from managing corporations after the Australian Securities and Investment Commission (ASIC) alleged they misu...

Financial planning

The Australian Securities and Investments Commission (ASIC) has backed up its promise of taking a ‘hard line’ against solicitors’ mortgage schemes, appointing a liquidato...

Financial planning

The Australian Tax Office (ATO) has lost a case in the Federal Court in which it argued that a stock broker had breached tax laws relating to the Alienation of Personal S...

Financial planning

The popular tax schemes of years gone by could see some advisers facing massive legal claims. GEORGE LIONDIS reports....

Financial planning

The past year’s tax agenda has been characterised by the ATO’s focus on tax effective schemes and unfair loopholes. FIONA MOORE reports on some of the year’s stand out ta...

Financial planning

The Australian Taxation Office (ATO) has today extended by three weeks the deadline for investors to accept its settlement offer over mass marketed tax schemes....

Financial planning

A director of a taxation business in Melbourne has undertaken not to act as a representative of a securities dealer or investment adviser or hold a proper authority from ...

Financial planning

Two directors of an investment advisory corporation have been banned from managing corporations for up to 10 years after the Australian Securities and Investments Commiss...

Financial planning

A Tasmanian solicitors’ mortgage scheme has been pulled up by the Australian Securities and Investments Commission (ASIC) which has appointed a liquidator to oversee the ...

Financial planning

The liquidators of Harts Australia have called for further investigations into the group following news it may have continued trading well after the group was deemed inso...

Financial planning

Six more Harts companies will be wound up after the Federal Court of Australia granted an application to appoint a liquidator to the companies which are within the Harts ...

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MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 day 16 hours ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 week 1 day ago

So we are now underwriting criminal scams?...

6 months 1 week ago

Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cos...

4 weeks 1 day ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

3 days 12 hours ago

Libby Roy has been appointed as an independent non-executive director on the board of AZ NGA....

3 weeks 3 days ago