Corporate Responsibility
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Bad behaviour in Australia’s banking sector
Kevin Davis | April 19, 2018The Royal Commission on banking misconduct is uncovering a litany of poor behaviour by the nation’s banks, but will meaningful reforms create a better deal for their long suffering customers?
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Tax cuts for big business should be buried for good
Helen Szoke | March 28, 2018Oxfam Australia Chief Executive Dr Helen Szoke responds to reports that the Federal Government has deferred its ambitious plans for corporate tax cuts.
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The future of Australia’s cartel penalty regime
Rod Sims | March 27, 2018ACCC Chairman Rod Sims lays out his response to the OCED report criticising the lax penalties for anti-competitive cartels in Australia.
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Why are cartel penalties so low in Australia?
Caron Beaton-Wells | March 27, 2018The ACCC is appealing the Federal Court’s decision to penalise Japanese firm Yazaki just AU$9.5million for fixing the prices of Toyota Camry spares. A new OECD report also finds that firms receive lower penalties for anti-competitive behaviour in Australia than abroad. So how should we keep price fixers in check?
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OECD finds Australia is soft on cartel fines
First 5000 | March 27, 2018The ACCC will re-think its approach to penalties for breaches of the competition law after an OECD report found that average Australian penalties are significantly lower than those imposed in other comparable OECD jurisdictions.
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Public faith must be restored despite a strong business outlook
April Palmerlee | March 16, 2018April Palmerlee, CEO of the American Chamber of Commerce in Australia, offers an overview of current conditions and praises companies which take a social stand to arrest a decline in public faith in institutions.
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Firms urged to join Clean Up Australia Day
First 5000 | February 9, 2018From tidying up a local park, beach or creek to sprucing-up their own workspace or kick-starting an environmental programme, every Australian firm can do their bit for Business Clean Up Australia day on February 27.