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Posted on Aug 8, 2017

Affordable housing for older Australians, Grattan Institute

Affordable housing for older Australians, Grattan Institute

Some senior Australians face housing affordability challenges, but they are generally under less stress than other Australians. There are also emerging issues for those who want to downsize and stay in the same suburb says Grattan Institute’s CEO John Daley in his recent keynote to the Council of the Ageing.

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Posted on Aug 1, 2017

Top 5 fraud in the public sector? PwC

Top 5 fraud in the public sector? PwC

Asset misappropriation, procurement fraud, bribery and corruption, human resources fraud and accounting fraud are the big five economic crimes in Australia. The significant financial loss caused by fraud in the public sector continues to plague internal audit and risk teams. This PwC report reveals it is not just the one-off incident that we should be concerned about, but the increasing regularity of fraud – and changes in the origins of fraud.

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Posted on Jul 25, 2017

Hall & Wilcox outlines how landmark employment ruling affects you

Hall & Wilcox outlines how landmark employment ruling affects you

The Fair Work Commission issued a landmark decision that gives award-covered casual employees the right to convert to permanent employment. Hall & Wilcox outlines the situations where employers are affected and on what grounds they can refuse the casual employee’s request for full-time positions.

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Posted on Jul 11, 2017

Changes to support super tax and insolvency law reforms

Changes to support super tax and insolvency law reforms

Changes are now in effect to support the superannuation tax reform package and amend the insolvency law reform act. These reforms improve the fairness, sustainability, and flexibility of the superannuation system. Government has also refined changes to personal and corporate insolvency law made by the Insolvency Law Reform Act 2016. This change will reduce legal complexity, increase certainty for insolvency practitioners and remove unnecessary costs from insolvency proceedings.

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Posted on Jul 4, 2017

Government combats cybercrime directing ASD to use offensive cyber capabilities

Government combats cybercrime directing ASD to use offensive cyber capabilities

Cybercrime is estimated to cost the Australian economy $1 billion a year. Since its inception at the end of 2014, there have been over 114,000 reports of cybercrime registered. Notably 23,700 of these have been reported over the last six months, highlighting a growing occurrence of cybercriminal activity. The Government has directed the Australian Signals Directorate (ASD) to use its offensive cyber capabilities to disrupt, degrade, deny and deter organised offshore cyber criminals.

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Posted on Jun 27, 2017

Business Council Australia opposes SA Govt’s bank levy

Business Council Australia opposes SA Govt’s bank levy

South Australian Premier Jay Weatherill has introduced a levy on banks as part of the State’s Budget measures. Business Council Australia has hit back saying the levy will harm the investment environment with Australia becoming a laughing stock of global investment circles as erratic governments – state, territory and federal – carelessly undermine and chop and change the rules of doing business.’

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Posted on Jun 20, 2017

AI Group says Fair Work Commission gambles with excessive minimum wage increase

AI Group says Fair Work Commission gambles with excessive minimum wage increase

The Fair Work Commission decision to award a 3.3% annual wage review increase is out of sync with the current fragile business environment. This is the view of AI Group chief executive Innes Willox who says the decision comes at a time of low inflation, slow incomes growth, slow productivity growth, rising youth unemployment, and recession-like levels of underemployment.

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Posted on Jun 6, 2017

Companies need to assess risk following proposed changes to foreign bribery laws, Allen Overy

Companies need to assess risk following proposed changes to foreign bribery laws, Allen Overy

Companies need to assess their risk and compliance programs following the Australian Government announcement it will consider amendments to its foreign bribery laws . This includes a new corporate offence of failing to prevent foreign bribery and a model for a deferred prosecution agreement scheme.  In the wake of these proposed changes, Allen Overy advises companies to carefully assess the adequacy of their compliance programs and the risks of doing business overseas.

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Posted on May 30, 2017

Treasury John Fraser’s outlook for the Australian economy

Treasury John Fraser’s outlook for the Australian economy

Treasury’s outlook for economy: There is every reason to believe Australia’s long run of economic success can continue provided we have the right policies in place. A comprehensive rundown by treasury secretary John Fraser from Budget forecasts and resource exports to US employment figures and Chinese investment.

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Posted on May 17, 2017

ACOSS says Federal Government must end its vilification of unemployed

ACOSS says Federal Government must end its vilification of unemployed

The Australian Council of Social Service (ACOSS) calls for an end to attacks on the unemployed.  The ACOSS ‘snapshot’ reveals almost 3 million people – including over 731 000 children – live in poverty, comprising 13.3% of the population, and inequality in Australia is the highest it has been since the 1950s. So why does the Federal Government bang on about a ‘welfare blowout’?

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Posted on May 10, 2017

Justice still in crisis despite increased funding in Budget 17, The Law Council of Australia

Justice still in crisis despite increased funding in Budget 17, The Law Council of Australia

Justice still in funding crisis. The Budget shows the government is listening to the legal profession, but more work is needed to end the justice funding crisis. Increased funding in some areas of welfare has been welcomed by The Law Council of Australia, however, it says for years the federal and family courts have been chronically underfunded, creating damaging delays and impeding access to justice.

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Posted on May 2, 2017

ACOSS and National Shelter set 6 point plan for housing affordability

ACOSS and National Shelter set 6 point plan for housing affordability

The Federal Government must not shirk its lead responsibility to address the housing affordability crisis affecting millions across the country and increasing financial risk to the national economy. ACOSS and National Shelter released their six-point plan in the leadup to the Federal Budget.

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