Mercedes


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Slater and Gordon: ASIC clears embattled law firm of falsifying records

24 March 2017 | ABC

The corporate regulator has cleared embattled law firm Slater and Gordon of falsifying its financial records and accounts, saying there was no indication of any breach of law and no penalties will be enforced.


Home ownership 8 per cent higher in suburbs with shared equity schemes

24 March 2017 | The Age

Suburbs with shared equity schemes have seen an 8 per cent rise in levels of home ownership compared to similar areas in NSW and Victoria, a new study has found, as debate surrounds the government's housing affordability package expected in the May budget.


A $4.7 trillion deal? Painter tells SEC he's richer than Gates, Buffett and Bezos

24 March 2017 | The Age

A few hours after the New York market closed on February 1, an obscure Chicago artist by the name of Antonio Lee told the world he had become the world's richest man.


Republicans delay House vote to repeal Affordable Care Act

24 March 2017 | The Guardian

The Republicans on Thursday abandoned a vote on their plans to repeal the Affordable Care Act, as Donald Trump and House speaker Paul Ryan faced rebellion across the House Republican caucus.


About 2.8 million Australians get underpaid $5.6 billion worth of superannuation

23 March 2017 | SMH

The tax man should be undertaking random audits of employers to help identify potentially $5.6 billion worth of unpaid superannuation owed to almost 2.8 million Australians, according to Industry Super Australia.


We should worry about corporate wrongs, not class actions: judge

23 March 2017 | SMH

Concerns that there are too many class actions against companies are ill founded, according to Federal Court judge Bernard Murphy. 

Justice Murphy applauded Australia's current class action regime on the 25th anniversary of the regime in Australia.


Senator Derryn Hinch to back company tax cuts if Government dumps inclusion of big business

23 March 2017 | ABC

Key Senate crossbencher Derryn Hinch believes the Federal Government is poised to dump part of its $48 billion company tax cut bill, to prioritise delivering immediate savings to small and medium-sized businesses.


Trump policy doubts spark $26b slump on ASX

23 March 2017 | SMH

A sharp overnight drop on Wall Street following concerns about US President Donald Trump's pro-growth agenda sparked the biggest slide on the local sharemarket since his election victory last November.

The benchmark S&P/ASX200 fell 1.6 per cent to 5684.5, shedding $26 billion in value, after the S&P500 fell 1.1 per cent, its first drop by more than 1 per cent in 109 sessions.


Iron ore futures in China sink into bear market

23 March 2017 | AFR

Iron ore is getting battered. After rounds of warnings that this year's rally may be overdone, the raw material is in retreat as doubts gather about the strength of demand in China as steel sells off and record port stockpiles put a spotlight on rising supplies.



Banking commission of inquiry push by crossbench, Greens

22 March 2017 | The Age

Pressure is building for a commission of inquiry into Australia's scandal-plagued banking system after the Senate crossbench threw its weight behind a Greens bill to establish one.


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Mercedes


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