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Lack of trust discouraging Australians from financial advice: ASIC

Lack of trust discouraging Australians from financial advice: ASIC

by Maja Garaca Djurdjevic | Aug 27, 2019 | News

New ASIC consumer research released this week reveals the barriers faced by consumers when considering financial advice. ASIC’s Report 627, Financial advice: What consumers really think presents independent research into consumer experiences of, and attitudes towards,...
Suburban money dealers targeted by AUSTRAC for funding criminals and human traffickers

Suburban money dealers targeted by AUSTRAC for funding criminals and human traffickers

by Shared by the ABC | Aug 27, 2019 | News

Australian Transaction Reports & Analysis Centre chief executive Nicole Rose says small home-based transfer operators can be exposed to human trafficking, child exploitation, illegal firearms sales and drug networks. Read more at the ABC. 
Minister hits out at super industry’s ‘complacency and inertia’

Minister hits out at super industry’s ‘complacency and inertia’

by Shared by The Age | Aug 27, 2019 | News

In a speech in Sydney on Tuesday, Senator Hume highlighted the “long-standing problems we all know are there” but which the industry has failed to address.  Read more at The Age.
ACCC finds franchisors not disclosing critical information

ACCC finds franchisors not disclosing critical information

by Maja Garaca Djurdjevic | Aug 27, 2019 | News

The ACCC has found that franchisors in the food services sector are commonly providing inadequate information to potential franchisees. In its most recent round of compliance checks of the franchising industry, the ACCC reviewed disclosure documents from a sample of...
Last chance saloon for large employers as STP penalties kick in

Last chance saloon for large employers as STP penalties kick in

by Shared by Accountants Daily | Aug 27, 2019 | News

With employers with 20 or more employees required to have been reporting through the STP regime since 1 July 2018, the 12-month transition period has now run its course, meaning penalties are now in effect. Read more at the Accountants Daily. 
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