Australian Border Force 2018 Customs Compliance Priorities

The Australian Border Force has released a statement setting out its compliance priorities for 2018. While each importer and exporter will have its own unique risk areas, the statement by ABF highlights the areas that should be gi...

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ASIC Enforcement Review – Breach Reporting by Financial Services Licensees

Under current law (Corporations Act 2001) financial services licensees are required to report certain significant breaches applicable to ASIC. A task force at ASIC has in recent months completed a review of the self-reporting of t...

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Foreign Investors the Losers for NSW Stamp Duty Rates

New South Wales follows suit with Victoria in tax hikes for foreign home buyers. The New South Wales government announced on 1 June 2017 that it will double its foreign investor stamp duty surcharge to 8% and also raise its annual...

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China Practice Leader joins Hunt & Hunt Victoria office

Jing Wang has joined Hunt & Hunt in Melbourne as China Practice Leader. Hunt & Hunt has been working in the China market since 1987 representing Australian and Chinese clients and actively involved in the Australia Chi...

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Full Steam Ahead to Implement an Electronic Environment

Some time ago the Registrar of Titles in Victoria published a paper dealing with the requirements for paper conveyancing transactions in the state. Version 2 of the registrar’s requirements were published in March 2017 and notif...

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Free Trade Agreements: Increasing Utilisation but Emerging Compliance Issues

Australian traders are embracing the trio of free trade agreements negotiated between 2014 and 2015. DFAT has reported that use of the Japan, Korea and China FTAs is up above 80%. This level of utilisation is a great return on t...

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