Georgia Wilkins


ASIC backflips on criminals' paradise comments

Georgia Wilkins The head of the corporate regulator has backed away from comments he made that described Australia as a 'paradise' for white-collar criminals. 

Medibank’s $2 share price cap

Price cap of $2 a share for retail investors: Mathias Cormann and Medibank managing director George Savvides at the Melbourne Convention and Exhibition Centre.

Jessica Gardner and Georgia Wilkins Retail investors will pay no more than $2 a share for a piece of Medibank Private when it floats in November.


ASIC will keep a watchful eye on financial advice from six biggest planners

ASIC head Greg Medcraft has said the regulator is mindful of the appeals process with sanctioning financial planners.

Georgia Wilkins The corporate watchdog will target the financial planning arms of the big four banks plus Macquarie and AMP as part of future surveillance of financial advice laws.


ANZ chief Mike Smith plays down housing fears but worries over household debt

ANZ chief Mike Smith says while parts of the Australian housing market are

Georgia Wilkins ANZ chief executive Mike Smith has played down fears about the housing market, saying there are still parts of the market in high demand. 


Coles will be vindicated over supplier charges, says former chief Ian McLeod

Former Coles chief Ian McLeod says there are no

Georgia Wilkins Former Coles boss Ian McLeod says the retailer will be "vindicated" in a Federal Court case launched against it by the competition regulator.


Brush maker Oates a victim of Coles' payment demands

Oates was subject to improper payment demands from Coles.

Georgia Wilkins A family business that grew out of a small Melbourne broom factory during the depression is one of the biggest vicitms in the ACCC's allegations of unconscionable conduct against Coles.  


Financial Services Council renews push for standards body

 Financial Services Council chief executive John Brogden.

Georgia Wilkins The country's biggest financial lobby group is continuing its push for an industry-led body to oversee a lift in financial advice standards. 


ASIC keeps watch on forex brokers

ASIC is concerned about companies using ''mirror trading''.

Georgia Wilkins and Jared Lynch Foreign exchange brokers who automatically generate trades on behalf of clients are under the watch of the corporate regulator.

Joe Hockey says tax cheats are 'thieves'

The Treasurer has vowed to help the Tax Office deal with tax chiefs.

Georgia Wilkins and Gareth Hutchens Treasurer Joe Hockey has labelled tax cheats "thieves" and vowed to give the Tax Office whatever laws it needs, despite the government having slashed millions from the agency's budget and resisting a...

ATO alleges complex Chevron scheme slashed tax bill by $258m

Chevron is disputing the Australian tax bill, which could amount to $322 million.

Georgia Wilkins Australian tax authorities allege multinational oil giant Chevron used a series of loans and related party payments worth billions of dollars to slash its tax bill by up to $258 million.


Business leaders to face parliamentary inquiry on tax avoidance


Heath Aston and Georgia Wilkins The heads of Australia's biggest companies and foreign multinationals, including Apple, Google and coal miner Glencore, are expected to be hauled in front of a parliamentary inquiry into tax...

'Crazy stuff': Newcrest CEO Sandeep Biswas may take home $10m despite loss

Company's loss can still be a CEO's gain.

Georgia Wilkins The annual reports of some of Australia's biggest companies are out, revealing the pay packets of the country's top executives.


Government senator says corporate tax avoidance threatens services


Heath Aston and Georgia Wilkins A senior member of the Coalition has warned that corporate tax avoidance and the repatriation of profits overseas is "the greatest financial challenge" facing Australia.

Big business 'shirks' fair share of tax load


Heath Aston, Georgia Wilkins Interactive: Almost a third of Australia's largest companies are paying less than 10¢ in the dollar in corporate tax, a report that exposes a gaping hole in government revenues over the past...

ASX 200 company tax avoidance bleeds Commonwealth coffers of billions a year, report finds


Heath Aston and Georgia Wilkins Almost a third of Australia's largest companies are paying less than 10¢ in the dollar in corporate tax, according to a report that exposes a gaping hole in government revenues over the past...

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Global crackdown on tax havens fails to sway Australian companies


Georgia Wilkins and Heath Aston More than half of Australia's top 200 companies listed on the stock exchange have subsidiaries in tax havens or low-tax jursidictions.

No bonus for Medibank's policyholders when the government floats health insurer

Special treatment: There may be an incentive for policyholders to buy shares in the insurer's market listing later this year.

Georgia Wilkins and Jessica Gardner Medibank's four million policyholders will miss out on a payout when the government-owned business is floated on the share market at the end of the year.


After the brouhaha and biscuits are over, what is the future of the AGM?

AGM sign

Georgia Wilkins As the yearly ritual loses its appeal with big companies, small investors face losing their voice.

OECD declares end to bank secrecy

Treasurer Joe Hockey holds up a report with OECD secretary-general Angel Gurria (L) at the G20 Finance Ministers and Central Bank Governors Meeting in Cairns.

Georgia Wilkins The Organisation for Economic Co-operation and Development has declared the end of bank secrecy, saying key measures agreed upon at the G20 meetings in Cairns will close loopholes that allow...


We won't push property: Ray White defends financial advice move

Ray White

Georgia Wilkins Ray White, the country's biggest real estate agency, has defended its push into the financial advice space, saying it will not use the business to spruik property.