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  Asic admits it acted at 'glacial' pace over rent payments to deputy chairman

  

  theguardian.com

  Acting chair Karen Chester confirms at Senate inquiry that some of the advice KPMG gave its chairman related to tax minimisationThe acting chair of the Australian Securities and Investments Commission, Karen Chester, has admitted to parliament that the regulator acted with “glacial” speed in dealing with concerns about rent payments to its deputy chairman, Daniel Crennan QC.Last week the auditor general, Grant Hehir, told the treasurer, Josh Frydenberg, that payments of about $70,000 to Crennan and $118,000 to KPMG for tax advice it gave to the Asic chairman, James Shipton, breached public service pay rules. Continue reading...

  australia news australian politics business coalition labor party

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  Australia coronavirus live update: Qld premier hits back at pressure to open borders, as Labor MP says Coalition demonises China – latest news

  

  theguardian.com

  Annastacia Palaszczuk says she won’t be lectured to by NSW, ‘a state that has the highest...

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