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13 December 2018 • By Eliot Hastie • 1 min read

Australian financial industry to remain safe from terrorism effects

A review into the governments Terrorism Insurance Act has recommended that the scheme to protect Australia’s markets in the event of a terrorist ...

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Government forces sale of $380m worth of real estate

The federal government has sold over 300 Australian properties, valued in excess of $380 million, that were illegally owned by foreign nationals

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Complaints spike 47% in AFCA’s first month

The Australian Financial Complaints Authority has received over 6,500 complaints in its first month, an increase of over 47 per cent when compared to ...

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ASIC to cut red tape

ASIC has released its latest report that highlights the commission’s efforts to reduce red-tape and achieve more practical regulatory outcomes for ...

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Open banking law to enter Parliament

Open banking is creeping closer, with the Coalition government planning to introduce its Consumer Data Right legislation into Parliament today

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Legislative changes to impact long-term income

Parliament has introduced legislative changes to the means test for longevity products, which will give Australians an incentive to consider their ...

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Investors have a role to play in stopping slavery

The Modern Slavery Act has just been passed in parliament and will introduce reporting requirements for businesses on the risk of slavery in their ...

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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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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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