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04 December 2018 • By Eliot Hastie • 1 min read

Financial reporting set to change

ASIC has released its focus areas for 31 December 2018 financial reports with a call to focus on new accounting standards.  ASIC has called on ...

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‘The good work you people have done will not be recognised’

The final day of the royal commission ended with an outburst from an unknown man claiming that the work of the commission would not be recognised

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AMP confirms $700m remediation

Following evidence produced during round seven of the royal commission, AMP has confirmed how much its review and remediation program will cost the ...

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Bank of Queensland to implement remuneration change

The chairman of Bank of Queensland has revealed his desire to implement the removal of pay and sales structures ahead of the royal commission report

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Banks pledge to new accessibility standards

Australian banks have committed to new principles in product design to ensure accessible banking for people with disability as a result of an industry ...

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Investors negative on franking credits

Nearly the entire investment industry has responded negatively to the impact of Labor’s proposed removal of franking credits.  According to a ...

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RBA subsidiaries fined $22m over bribes

The Central Bank has finally released details of the landmark prosecution that involved two of its subsidiary companies involved in bribing overseas ...

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Forex company director banned in ASIC sting

ASIC has cancelled the AFSL of retail OTC derivative issuer Berndale Capital Securities and banned its former director. ASIC has cancelled ...

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Life insurance losses recorded over September quarter 

APRA’s quarterly life insurance industry performance figures for the September 2018 quarter show a $172.9 million loss in the individual disability ...

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AIA ramps up mental health focus 

Life insurer AIA Australia and New Zealand has branched out further into the mental health space through a new corporate mental health program

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