Chris Merritt - The Australian - Friday 06 March 2020 Just days ago, the class action law firms were riding high, counting the hours until their pals in the Victorian government handed them what amounts to a bucketful of other people’s money. US-style contingency fees have been...
John Roskam - The AFR - Thursday 06 March 2020 Australian universities should not get a cent of any federal government bailout program or stimulus package in the wake of the coronavirus. Over the past decade universities have privatised the profits from the fees paid by overseas...
Chris Merritt - The Australian - Thursday 05 March The threat to the national economy from excessive litigation has prompted the federal government to launch an inquiry into Victoria’s move to encourage class actions by allowing lawyers to charge US-style contingency fees. The inquiry, unveiled on Wednesday,...
Senator James Paterson - The Australian Financial Review - Tuesday 03 March 2020 The Parliament’s Joint Committee on Corporations and Financial Services is taking action to restore trust and confidence in the auditing industry in Australia. In its first seven months of inquiry, the committee did...
Peter Hartcher - The Sydney Morning Herald - Saturday 29 February 2020 Was Australia about to put the cash flow of its universities ahead of the peoples' health in the middle of a pandemic? Was the Morrison government about to bungle the coronavirus response as badly...
Michael Roddan - The Australian - Friday 28 February 2020 Corporations would be forced to tender contracts for an external auditor every 10 years under proposals outlined by a bipartisan parliamentary committee, which has called on the Morrison government to make digital financial reporting “standard practice”...
Edmund Tadros - The AFR - Friday 28 November 2020 The cosy relationship between auditing firms and company directors is set to be disrupted with a parliamentary committee recommending that corporations go to market for their audit every decade, or explain to shareholders why they won't...
TRANSCRIPT Senator James Paterson Liberal Senator for Victoria Chair, Parliamentary Joint Committee on Corporations and Financial Services Tabling of interim report: Regulation of auditing inquiry Chair’s chamber statement Thursday 27 February 2020 I rise to speak to the tabling of the Regulation of Auditing Interim report as Chair of the Parliamentary Joint...
MEDIA RELEASE Senator James Paterson Chair, Parliamentary Joint Committee on Corporations and Financial Services Liberal Senator for Victoria Tabling of interim report: Regulation of auditing inquiry https://www.aph.gov.au/Parliamentary_Business/Committees/Joint/Corporations_and_Financial_Services/RegulationofAuditing/Interim_report Thursday 27 February 2020 Today, the Parliamentary Joint Committee on Corporations and Financial Services has tabled an interim report on the regulation of auditing in...
Olivia Caisley and Nicola Berkovic - The Australian - Thursday 20 February 2020 Government MPs are sounding the alarm ahead of two High Court vacancies amid concerns judges hand-picked by former attorney-general George Brandis have ventured into judicial activism, straying from a “black letter approach to...