Tue, December 17, 2024
[ Tue, Dec 17th 2024 ]: Politico Europe
Britain's Winston Churchill shortage
[ Tue, Dec 17th 2024 ]: Sky News Australia
Victorian government to implement recommendations .. ackdown after damning reports of CFMEU corruption
[ Tue, Dec 17th 2024 ]: Irish Examiner
Murphy endorsement meets criticism as FF and FG a .. using Ceann Comhairle role as a 'bargaining chip'
[ Tue, Dec 17th 2024 ]: Australian Broadcasting Corporation
Federal politics live: Treasurer Jim Chalmers unv .. te, deficits $21.8bn billion deeper than expected
[ Tue, Dec 17th 2024 ]: MSNBC
Indiana congresswoman says she will spurn GOP caucus to help Elon Musk's DOGE group
[ Tue, Dec 17th 2024 ]: National Post
Freeland defended by Liberal MPs, as Trudeau's feminist reputation is questioned
[ Tue, Dec 17th 2024 ]: USA Today
Elon Musk and SpaceX face federal reviews over security, NYT reports
[ Tue, Dec 17th 2024 ]: CNN
Trump formally clinches Electoral College victory
[ Tue, Dec 17th 2024 ]: The Australian Financial Review
A decade of deficits and a modest $5.5b election war chest
[ Tue, Dec 17th 2024 ]: The Age
Review finds entrenched union issues on government construction sites
[ Tue, Dec 17th 2024 ]: The Daily Mirror
'Government betrays WASPI women by rejecting recommendation to cough up cash'
[ Tue, Dec 17th 2024 ]: The Australian Financial Review
Labor lifts company takeover fees and bolsters phoenixing crackdown
[ Tue, Dec 17th 2024 ]: The New York Times
The Trump Factor Further Shakes Up Canada's Politics
[ Tue, Dec 17th 2024 ]: Sky
Nigel Farage meets Elon Musk and JD Vance at Trump's Mar-a-Lago resort
[ Tue, Dec 17th 2024 ]: MSN
US imposes penalty on companies who bribed Indian Organizations
[ Tue, Dec 17th 2024 ]: MSN
Gay Trump donor & former Democrat Bill White tapped as Belgium ambassador
[ Tue, Dec 17th 2024 ]: MSN
RFK Jr. says he plans to also meet with Dems in bid to get confirmed as Trump HHS head
[ Tue, Dec 17th 2024 ]: Jewish Insider
Elon Musk praises Tucker Carlson interview with J .. y Sachs featuring antisemitic conspiracy theories
[ Tue, Dec 17th 2024 ]: MSN
Trump sues Des Moines Register, pollster for 'election interference' after inaccurate poll
[ Tue, Dec 17th 2024 ]: Daily Express
Pensioners blast Labour government over latest winter fuel payment snub
[ Tue, Dec 17th 2024 ]: MSN
York City Council to vote on ordinance to protect immigrants and refugees
[ Tue, Dec 17th 2024 ]: MSN
New bill would ban sex toys from major retailers in Texas, including Walmart and Target
[ Tue, Dec 17th 2024 ]: MSN
Polk County Board of Supervisors approves new immigrant and refugee welcome center
[ Tue, Dec 17th 2024 ]: MSN
Gov. DeSantis and Cabinet approve new state park for northwest Florida
[ Tue, Dec 17th 2024 ]: The Globe and Mail
The country isn't bankrupt. But the Trudeau government is completely spent
[ Tue, Dec 17th 2024 ]: MSN
Saini accuses Congress and AAP of resorting to politics on farmer issues
[ Tue, Dec 17th 2024 ]: MSN
A former governor and GOP heavyweights: Who cast MS electoral votes, and how were they chosen?
[ Tue, Dec 17th 2024 ]: Modern Healthcare
Telehealth and doctors win, PBMs lose as government funding deal nears
[ Tue, Dec 17th 2024 ]: NJ.com
N.J. needs to 'calm down' about drones, Gov. Murphy says. Sightings are down.
[ Tue, Dec 17th 2024 ]: MSN
North Carolina joins mystery drone conversation
[ Tue, Dec 17th 2024 ]: MSN
US Congress shuffles toward stopgap funding bill as deadline approaches
[ Tue, Dec 17th 2024 ]: MSN
'Total dumpster fire': Republican destroys speaker's 'garbage' CR to keep government open
[ Tue, Dec 17th 2024 ]: MSN
Town leader on Cape Cod apologizes for comment caught on hot mic
[ Tue, Dec 17th 2024 ]: MSN
'People deserve answers': Growing frustration over mysterious drone sightings
[ Tue, Dec 17th 2024 ]: MSN
Trump Accuses Biden Admin of Withholding Drone In .. lleges Biden Is Selling Off Border Wall Materials
[ Tue, Dec 17th 2024 ]: MSN
Decision on women hit by pension age rise condemned
[ Tue, Dec 17th 2024 ]: MSN
After Palestine bag, Priyanka Gandhi carries 'stand with Bangladesh' bag: Why is it controversial?
[ Tue, Dec 17th 2024 ]: The New York Times
Elon Musk Met With Nigel Farage at Mar-a-Lago
[ Tue, Dec 17th 2024 ]: Las Vegas Review-Journal
Nevada electors cast votes for Trump, Vance in 2024 election
[ Tue, Dec 17th 2024 ]: MSN
Biden administration says expanding LNG exports could increase emissions and drive up prices
[ Tue, Dec 17th 2024 ]: MSN
RFK Jr.'s nomination could be a tough pill to swa .. for these Republicans and Democrats. Here's why.
[ Tue, Dec 17th 2024 ]: MSN
Ending use of WhatsApp is 'clear admission' Government was wrong, claim Tories
[ Tue, Dec 17th 2024 ]: MSN
Big gaps remain between Israel and Hamas in Gaza deal talks
[ Tue, Dec 17th 2024 ]: MSN
Nelson Mandela Bay council scraps punitive water tariffs - after two floods and a petition
[ Tue, Dec 17th 2024 ]: MSN
India's Foreign Policy Is Failing, Both At Home And Abroad
[ Tue, Dec 17th 2024 ]: briefly
Papa Penny Claims Government Is Destroying Jacob Zuma's Legacy Because of Jealousy, Mzansi Laughs
[ Tue, Dec 17th 2024 ]: MSN
Justin Trudeau Political Crisis: Canada's Prime M .. s Government In Chaos Over Trump's Tariff Threats
[ Tue, Dec 17th 2024 ]: MSN
The Future of Syria's Kurds

Labor lifts company takeover fees and bolsters phoenixing crackdown

  Copy link into your clipboard //politics-government.news-articles.net/content/ .. over-fees-and-bolsters-phoenixing-crackdown.html
  Print publication without navigation Published in Politics and Government on by The Australian Financial Review
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Jim Chalmers' midyear budget update has increased fees for company takeovers and provided funding to boost penalties for dodgy behaviour.
The Australian Financial Review article discusses the Australian Labor government's recent legislative changes aimed at enhancing corporate governance and financial regulations. The government has increased the fees for company takeovers, with the cost for lodging a bidder's statement rising from $8,000 to $12,000, and the fee for lodging a target's statement increasing from $3,200 to $4,800. These fee hikes are part of a broader strategy to fund the Australian Securities and Investments Commission (ASIC) and ensure it has the resources needed to oversee corporate transactions more effectively. Additionally, the government is bolstering its crackdown on illegal phoenixing, a practice where company directors transfer assets from an indebted company to a new one to avoid paying debts. The new measures include stricter director identification requirements and enhanced powers for ASIC to investigate and penalize such activities, aiming to protect creditors and maintain market integrity.

Read the Full The Australian Financial Review Article at:
[ https://www.afr.com/politics/federal/labor-lifts-company-takeover-fees-and-bolsters-phoenixing-crackdown-20241218-p5kz7c ]