The initial proposal to adopt IASC accounting standards was effectively discarded in the reforming legislation, showing the government's sensitivity to corporate reactions and reluctance to relinquish power to an international body. Although some activities in the period preceding the change can be ...
The paper looks at the inadequacy of the Australian common law and legislation in the protection of rights. It argues that the politics of both federalism and legalism have produced a culture wary of rights discourse. The paper concludes by considering how the Australian protection of rights can ...
On 16 August the government released draft legislation intended to implement the anti-phoenix measures that were announced on budget night. The legislation does not include the widely supported idea of a Directors Identification Number – but that is as expected, the DIN was the subject of an ear...
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NAB noted that legislation can become outdated as technology changes. ANZ outlined four types of transfer mechanisms that could be used to send the data from the data transferor to the data recipient: Download CSV file of transaction data; transmit CSV file of transaction data; public API, and...
They are concerned that they are unable to keep up with new legislation and that there is apparent duplication of reporting requirements across the various tiers of government. The survey of accountants revealed that accounting firms derive a significant proportion of their revenue from SMEs. While ...
ESG metrics across the Australian industry are extensive and sweeping. Federal legislation such as the Environment Protection and Biodiversity Conservation Act 1999 and the Native Title Act 1993 govern environmental and social aspects of mining. State legislation has a similar ambit on a smaller level,...
APRA has the power under federal legislation to set prudential standards, which underpin its approach to supervising depository institutions. The prudential standards set out minimum capital, governance and risk management requirements, which are legally binding. Data and sample This study focuses on 23...
Since 1976 the Australian government has enacted land-rights and native-title legislation that has returned to the aborigines a degree of autonomy, and court decisions in 1992, 1996, and 2006 have recognized aboriginal property and native title rights. By 2016, roughly the title to roughly a thi...
"We are also keen to further explore the paper's option to create banking industry-specific data legislation, rather than tying open banking reforms to a broader and more complicated whole-of-government resolution on data issues," she explained. ...