- Oz businesses victim of cyber espionage
According to ASIO, Australian businesses face a high level of exposure to cyber attacks on their computer systems, as foreign cyber espionage becomes an increasing problem.
- Banks fall out of favour
Small businesses have expressed an overwhelming dissatisfaction with lenders over the cost of credit and its availability - delivering a wake-up call to the banking sector.
- ASIC revises insolvency regulations
ASIC has told company directors that if they take and act upon independent professional advice, then they may avoid insolvent trading charges if their company is facing insolvency.
- Auditors' reputation under question
Auditors may reconsider their involvement in high profile corporate collapses, following warnings that it could cost an auditor its job and reputation.
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