ATO, Fair Work Ombudsman to be given new powers to pursue directors for abandoning workers
The Fair Work Ombudsman will receive new powers to pursue company directors under laws that passed the lower house this week
A few years ago Fortescue Metals Group was the last ASX 50 company to have an all-male board. Less than three years on, it will become only …
The Productivity Commission has recommended the federal government introduce a streamlined process for small businesses going through a volu…
ASIC first used its wind-up powers in August 2013. The corporate regulator has used its powers to wind up 32 collapsed companies this year i…
It’s a situation no company director wants to be in. In June 2011, Federal Court judge John Middleton ruled that the directors of prope…
The Australian Securities and Investment Commission (ASIC) has put directors on notice that they will be held responsible for the accuracy o…
Directors who breach new regulations within the Corporations Act around who can vote on remuneration reports risk severe penalties, acc…
We have now reached the point at which independent directors in companies with one or two large management shareholders have to stand up and…
