The Financial System Inquiry inevitably the Murray Inquiry is the successor of the Campbell Inquiry 1979-1981 and the Wallis Inquiry 1996-1997 Both the Campbell and Wallis reports considered that investors were best protected through disclosure and market integrity rules Both reports assumed that ...

Since the 1996 Wallis Inquiry disclosure has been at the heart of the regulatory philosophy for the retail financial services sector in Australia Under the Financial System Inquirys terms of reference the Inquiry will refresh the philosophy principles and objectives underpinning the development of a ...

Queenslands petroleum legislation was recently amended to provide greater flexibility to onshore petroleum tenure holders for a variety of matters including extensions to work programs and terms of authorities to prospect relinquishment conditions and work programs and greater flexibility in both ...

ASIC recently issued a report on the handling of confidential information by listed entities and their advisers focusing on analyst and investor briefings and unannounced corporate transactions While the report does not identify any systemic issues it does highlight a number of areas of concern ...

Legislation amending the timing of tax deductions for expenditure incurred on acquiring mining rights and mining information has been introduced into federal Parliament The new law will remove the immediate tax deduction for the cost incurred by a mining entity in acquiring mining rights or mining ...

The Queensland Government has introduced legislation to apply the National Energy Customer Framework to the sale of electricity and gas to retail customers in Queensland ...

Some Indonesian business sectors are closed to foreign investment while others are subject to foreign ownership limits There have been some changes to theseforeign investment restrictions under Indonesias widely anticipated revisedNegative Investment List which became effective on 24 April The ...

The Victorian State Government has announced the closure of the Victorian Energy Efficiency Target Scheme at the end of 2015 which will remove the annual obligation of large energy retailers to surrender energy efficiency certificates as well as the financial benefits provided by the scheme for ...

Following consultation and feedback a final version of the Metropolitan Planning Strategy known as Plan Melbourne has been launched While the focus of Plan Melbourne continues to be on employment cluster locations and urban renewal opportunities there is also a renewed focus in the final document on ...

The Federal Government has introduced legislation which, if passed, will terminate the Energy Efficiency Opportunities Program and remove the mandatory requirement for large energy using businesses to assess and report on opportunities to improve energy efficiency. ...