TV presenter jailed for GST fraud of $1.7m

TV presenter jailed for GST fraud of $1.7m

A former TV presenter and beauty queen, Simone Semmens, has been accused of failing to register for GST and lodge BAS despite flipping properties for profit. According to the ATO, Semmens was knowingly carrying on an enterprise, Semco Developments Pty Ltd, as a...
ASIC concedes Hayne error on personal advice

ASIC concedes Hayne error on personal advice

At a parliamentary joint committee on corporations and financial services hearing earlier this week, senator Andrew Bragg noted commissioner Hayne’s view of intra-fund advice as being: “…the provision of advice that is not personal advice, to members of a particular...