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Australia’s Competition law penalties may be too low to sufficiently deter breaches: report

The OECD has found that penalties for competition law breaches are ‘significantly lower’ in Australia than in comparable OECD jurisdictions, prompting the nation’s competition regulator to announce it will rethink its approach to competition law enforcement. The OECD report, Pecuniary Penalties for Competition Law Infringements in Australia(link is external) compared the penalties for companies which breach […]

James Harkness · 2 min
Economy

Australia OECD ranking moves up, but still behind New Zealand

Australia’s standing in the OECD rankings for employment of mature age workers has moved up, yet it still remains far behind New Zealand’s strong results.

Guillermo Troncoso · 2 min
Accounting

Lowering corporate tax will lead to economic growth: Report

The report, titled Economic Policy Reforms 2015: Going for Growth, said Australia would see a rise in productivity performance if taxation in the corporate sector was lowered.

Guillermo Troncoso · 2 min