ATO Fines Directors for Lacking Director IDs, Stressing Compliance

Directors face increasing pressure to comply with regulatory requirements in corporate governance. One such obligation is obtaining a Director Identification Number (Director ID), crucial for transparency and accountability. The Australian Taxation Office (ATO) has recently taken steps to enforce this requirement by imposing fines on directors who fail to obtain their Director IDs. This move […]

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Oliver’s insights – Australian v global shares

Article written by: Dr Shane Oliver,Head of Investment Strategy & Chief Economist AMP Key points – The underperformance of Australian versus global shares since 2009 reflects a combination of tighter monetary policy, the strong $A into 2011, the slump in commodity prices, property crash phobia and classic mean reversion. – Australia‚Äôs performance is much better […]

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Director ID Mandatory by November 2022

Obtain a Director ID Now or Get Penalised! All directors of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporations are now required to obtain a director ID. A director ID is a unique identifier that a director will apply for once and keep forever and is aimed at […]

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