04 November 2022

ASIC announces Enforcement Priorities for 2023

ASIC has announced its Enforcement Priorities for 2023, which will include enforcement action on greenwashing and predatory lending, as well as a continuing focus on disrupting investment scams.

Business Tasmania News and Updates

In today's edition:

  • Support for businesses impacted by the recent floods
  • New resources available to boost your grant writing skills
  • How to keep your details safe when applying for grants
  • Free cyber security information breakfasts for the advanced manufacturing and defence industry

The Mandarin

Are Australian voters aping America’s electoral culture? That’s the impression one is left with when reading AEC commissioner Tom Rogers’ remarks to a senate inquiry about the 2022 federal election.

ASIC Annual Forum 2022: Chair’s keynote

Opening statement by ASIC Chair Joe Longo at the ASIC Annual Forum, Hilton Hotel, Sydney on 3 November 2022.

One quarter of Australians under major financial stress: report

A growing number of Australians are under financial stress, a report has found.

Ensuring large corporates pay their fair share of tax

The Albanese Government is committed to improving compliance, closing tax loop-holes and enhancing transparency to ensure that there’s money for the services Australians expect.

‘We’re not soft’: ASIC lays out misconduct hit list

Crypto spruikers, social media finfluencers and fake green funds are in the Australian Securities and Investments Commission’s sights.

Cash flow uncertainty among top stress factors for small business owners

Managing cash flow remains one of the most stressful parts of running a business in today’s challenging market conditions, according to Australian small business owners. It’s putting a strain on their personal relationships, affecting their physical wellbeing, and causing them to lose sleep.

ASIC promises crackdowns on dodgy crypto operations

Crypto businesses that flaunt the law and leave unsuspecting investors out of pocket will be a top target for the corporate regulator, which is responding to a 600 per cent rise in complaints in the last three years.

Company directors scrambling to get ID or face $13,000 fine in bid to stop 'dummy directors'

More than 1 million people could become ineligible to run companies by the end of this month — and face fines of up to $13,000 — as the Australian Taxation Office introduces a new hurdle to crack down on "dummy directors" and the practice of "phoenixing". 

Procurement from First Nations businesses in Queensland grew $118 million last financial year

New data about goods and services provided to the state government has revealed Queensland’s procurement from First Nations-owned businesses went up 36% in the last financial year.

Tech sector voices concern after in-demand skills pulled from visa priority list

The federal government will reportedly cut job titles including software engineer and ICT security specialist from its priority skilled migration list, surprising a local tech sector still desperate for talent.