Debt collectors have a range of obligations under the Competition and Consumer Act, the Australian Securities and Investments Commission Act, and the Office of Fair Trading in each Australian state or territory. ASIC and the ACCC are the regulatory bodies that monitor the debt collection industry and ensure that debt collectors are complying with the…
If you’re in the business of lending money for personal use, then you have a range of obligations under the National Consumer Credit Protection Act. The NCCP is a nationally consistent legislation that is designed to protect consumers and ensure the finance and credit industries operate in an ethical manner, according to professional standards. Its…
The Australian Taxation Office received an extra $445 million in the 2010 Federal Budget. Why should that concern you? Because they are using those funds to attempt to recover more than $3 billion in lost GST revenue from Australian businesses. Among other things, the ATO is targeting overdue Business Activity Statements, under-reporting of GST liabilities,…
Over the last few years, organisations have begun to realise that their reputation, far from being some intangible, unquantifiable element of their business, is actually one of their biggest assets. A good reputation ensures the confidence and trust of all the stakeholders in the business such as customers, suppliers, investors, regulators and employees. This confidence…
Stamp Out Insider Trading With Thorough Employee Training Knowledge is power. Knowledge that no one else possesses is very powerful indeed. Broadly speaking, insider trading is the use of that exclusive knowledge to benefit oneself at the expense of others. And it’s not restricted to corporate high flyers, epitomised by Gordon Gekko in the movie…
Minimise Workplace Hazards Whatever kind of business you run, whether it’s a workshop, a retail outlet or a factory, your workplace contains potential hazards that could injure or even kill your employees. Which is why having an OHS system in place is so important. Protecting your staff’s health and safety isn’t just the right thing…
The Benefits and Risks to Businesses The growth of social media has led to the most monumental change in the way we do business since the creation of the Internet. The likes of Facebook, Twitter, You Tube and blogging have given businesses of every size unlimited access to a huge new untapped marketplace of potential…
Prudential Standard GPS 520 requires that people in positions of responsibility in the insurance industry be ‘fit and proper’. A responsible person is defined as a director, senior manager, appointed auditor, or any person who plays a significant role in the running of an insurance company. Whether a person is ‘fit and proper’ must be…
Safetrac have released a number of new compliance training courses that balance the legal requirements of compliance training content, with employee engagement and interactivity. Each course is assembled by Instructional Designers to ensure the appropriate learning principles and standards to optimize learning outcomes are addressed. Safetrac courses are: Authored with legal expertise by Minter Ellison Lawyers; Award winning (Best Compliance Program 2011, 2012, 2013,…
Safetrac announces another successful year at the LearnX Impact Awards Asia Pacific 2015, winning Platinum and Silver awards. Safetrac has claimed the Platinum award for Best Learning Compliance Program for the fifth successive year. This unprecedented record validates Safetrac as one of the leading compliance training companies in Asia/Pacific. Throughout the past five years Safetrac…
Safetrac is proud to announce that we have been recognised as the best compliance training program provider in the Asia Pacific region at the annual LearnX Impact Awards Asia Pacific 2017. This is the seventh year in a row that Safetrac has received this pinnacle accolade. In partnership with its clients, Safetrac was awarded: Platinum…
Conceived and led by MinterEllison partners Tony Dhar, Paul Kallenbach and John Steven, the locally designed and developed solution helps clients deliver a seamless governance and compliance experience to board members and senior executives. “Our clients were calling for a practical, convenient and highly usable software solution to support good governance of their boards,” said…
“Very satisfied with quality and content. Impressed with constant improvement.”
