Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORECompensation scheme must go beyond advice: AFCA
The Australian Financial Complaints Authority has reaffirmed its support for a compensation scheme of last resort for victims of financial misconduct and has backed the government’s call to extend the scheme beyond the provision of financial advice.
In its submission to Treasury’s consultation on the scheme, which closes on Friday, AFCA said the type of financial service or product through which a consumer had suffered losses should be irrelevant to their ability to receive compensation in the event that the relevant firm was insolvent.
Read more at the ifa.
Previous
‘Don’t be too clever’: Clients warned on CGT MRE changes
Next
Lenders charging loyalty tax, confirms RBA
Jim Chalmers warns budget revenue upgrades will be modest but flags...
Treasurer Jim Chalmers will say lower commodity prices and a softening labour market mean this year’s revenue upgrade...
READ MORE
QANTAS pays women 37% less, Telstra and BHP 20%. Fifty years after...
Men continue to outstrip women in the salary stakes, with men’s median annual salary $11,542 greater than women’s,...
READ MORE