Search Results for: Australia
OECD Recommends Australian Company Tax, GST Reform
February 12th, 2015
The Organisation for Economic Cooperation and Development (OECD) has recommended that Australia reduce its company tax rate and broaden the tax base. The suggestion is made in the OECD’s new report, Economic Policy Reforms 2015: Going for Growth. The report ...
Australia central bank acting like it ‘just woke up’
February 6th, 2015
Australia’s record low interest rates are about to head way lower, analysts tell CNBC, as the country’s central bank scrambles to play catch up in the race to the bottom for borrowing costs. “The RBA (Reserve Bank of Australia) ...
Australian dollar hits five-year low, fetching 80.53 US cents
January 5th, 2015
The Australian dollar has plummeted to its lowest level in five-and-a-half years. At noon today, the local currency was trading at 80.95 US cents, down from 81.37 cents on Friday. The Australian dollar briefly dipped as low as 80.53 US ...
Australian dollar unexpectedly falls to four-year low; local market posts first modest gain in over a week
December 17th, 2014
The Australian dollar fell suddenly and inexplicably this afternoon, taking the currency below 82 US cents for the first time in more than four years. The dollar fell more than 0.5 cents against the greenback after lunch, with analysts ...
ASIC investigation leads to Interactive Brokers refunding $1.5 million to Australian customers
December 16th, 2014
Following an investigation by ASIC, Interactive Brokers LLC (IB), a US-based online brokerage firm, will refund approximately $1.5 million in fees and commission payments to its retail margin lending customers. The refunds will be made as part of an ...
Virgin Australia’s NZ operations report $31m profit following accounting changes
December 8th, 2014
Virgin Australia’s earnings performance on the highly competitive trans-Tasman route has improved from loss-making to a profit as a result of accounting policy changes and other benefits from its alliance with Air New Zealand . The Australian airline’s New ...
ESMA and Australian Securities and Investment Commission (ASIC) sign MoU on trade repository data
December 4th, 2014
The European Securities and Markets Authority (ESMA) and the Australian Securities and Investments Commission (ASIC) have concluded a Memorandum of Understanding (MoU) on access to data held in European trade repositories . The MoU is effective as of 26 November 2014. The ...
ESMA to cooperate with regional regulators on Australian CCPs
December 4th, 2014
The European Securities and Markets Authority (ESMA), the Australian Securities and Investments Commission (ASIC) and the Reserve Bank of Australia (RBA) have concluded a Memorandum of Understanding (MoU). The MoU establishes cooperation arrangements between the signatory authorities regarding Central Counterparties ...
Australia probes bitcoin crime links as currency craves legitimacy
December 3rd, 2014
A top Australian law enforcement agency is investigating bitcoin’s role in organized crime, a senior official said, just as politicians and financial regulators embrace the digital currency as a legitimate part of modern business. The investigation into bitcoin’s crime ...
AUSTRALIAN GST BITCOIN TAX ANGERS ANDREAS ANTONOPOULOS
November 25th, 2014
No one currently knows more abut how Bitcoin works than Andreas Antonopoulos. He is a leading public speaker on Bitcoin globally, even educating the Canadian Parliament for his expertise on the digital protocol. He has literally written the book ...
