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Content Type:
Policy Submission
18 Feb 2011
This submission to Federal Treasury sets out our views on the Consultation Paper titled “Scoping Study for a National Not-for-Profit Regulator”, released by the Federal Government on 21 January 2011.
The submission noted Company Directors’ support for the overal...
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Content Type:
Policy Submission
27 Jan 2011
This submission to Federal Treasury sets out our views on the Exposure Draft of the Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Bill 2011 (“the Draft Bill”) and accompanying Explanatory Memorandum (PDF), released by the Federal Government on 20 December 2...
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Content Type:
Policy Submission
02 Nov 2010
On 2nd November the Australian Institute of Company Directors made a submission to Treasury supporting section 205G applying not just to listed companies but also to listed entities. Although this might involve extra compliance costs for listed entities not otherwise required to report that informat...
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Content Type:
Policy Submission
11 Jun 2010
Insider trading and market manipulation offences cause serious harm to the fair and efficient functioning of Australia’s financial markets. The Australian Institute of Company Directors supports strong laws and a well resourced regulator to enforce them. The consultation time allowed to comment on t...
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Content Type:
Policy Submission
07 May 2010
This submission to Treasury is in response to the discussion paper entitled Audit Quality in Australia: A Strategic Review.
As directors are ultimately responsible for the company’s financial reports and for the audit process, the Australian Institute of Company Directors is interested to ensure t...
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Content Type:
Policy Submission
02 Mar 2010
We are concerned that current laws on insolvent trading sometimes prevent the best stakeholder outcomes from being achieved. They make trading out of insolvency not only extremely risky but they prohibit it for the directors of a company in solvency stress. Each director faces being held personally ...
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Content Type:
Policy Submission
03 Feb 2010
In a submission dated 3 February 2010 AICD provided its comments to Federal Treasury on the exposure draft of the Corporations Amendment (Corporate Reporting Reform) Bill 2010. AICD supported most of the proposed amendments, although it expressed opposition to changing the current wording of the dir...
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Content Type:
Policy Submission
21 Dec 2009
On 21 December 2009, AICD provided a submission to Treasury regarding the Options Paper entitled Improving Protections for Corporate Whistleblowers. AICD’s submission stated that:
the good faith requirement under the current whistleblower protection provisions in the Corporations...
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Content Type:
Policy Submission
31 Aug 2009
On 31 August 2009 AICD provided a submission to Federal Treasury in response to the Exposure Draft Tax Laws Amendment (2009 Budget Measures No.2) Bill 2009: Employee Share Schemes and its accompanying explanatory materials. Comments made by AICD included that it is of critical importance that the ta...
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Content Type:
Policy Submission
30 Apr 2009
AICD is a founding member of the Business Coalition for Tax Reform (BCTR) which is a forum that brings together the views of the business community on tax reform issues.The BCTR is pleased to provide its comments on the Consultation Paper released by the Australian Treasury in December 2008 as input...
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Content Type:
Policy Submission
20 Apr 2009
The chair of the Business Coalition for Tax Reform (BCTR) has written to the federal Treasurer Wayne Swan calling on the government to resist significant changes to the tax treatment of superannuation in the 2009 federal budget.AICD participates in the debate about Australian tax reform through its ...
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Content Type:
Policy Submission
06 Apr 2009
This submission provides some comments from AICD to Treasury on its short selling disclosure regime consultation paper.
AICD is concerned that there is potential to circumvent the proposed disclosure arrangements and the information elicited via these proposals may have limited usefulness. It is...
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Content Type:
Policy Submission
25 Nov 2008
Submission to Senate Economics Committee Inquiry into Corporations Amendment (Short Selling) Bill 2008
AICD has concerns that there is great potential to circumvent the propsed disclosure arrangements in the bill and the information elicited via these proposals may have limited usefulness. I...
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Content Type:
Policy Submission
23 Oct 2008
Submission to Treasury on the regulation of and the disclosure regime applying to short selling. AICD is concerned that:
there is great potential to circumvent the proposed disclosure arrangements in the Bill, and
the information elicited via these proposals may have limited...
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Content Type:
Policy Submission
21 Oct 2008
AICD participates in the debate about Australian tax reform through its involvement in the Business Coalition for Tax Reform (BCTR). The BCTR is pleased to provide its comments on the “Architecture of Australia’s tax and transfer system” (the Architecture paper), released by the Australian Treasury ...
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Content Type:
Policy Submission
03 Jul 2008
Despite alleged recent abuses of margin lending arrangements, AICD considers that no fundamental overhaul of the regulatory oversight of such transactions is required, just incremental improvement. Appropriate regulation regarding disclosure already exists which provides the necessary flexibility fo...
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Content Type:
Policy Submission
21 Mar 2002
Submission to The General Manager, Corporate Finance and Accounting Policy Division, The Treasury.
21 March 2002The General Manager, Corporate Finance and Accounting Policy Division, The Treasury SUBMISSION TO TREASURY ON THE INDEPENDENCE OF AUSTRALIAN COMPANY AUDITORS Professor Ian Ramsay's Re...