Business
‘No adverse findings’: ASIC boss to leave despite expenses review clearing him of wrongdoing – Sydney Morning Herald
The review recommended “significant improvements” to the watchdog’s internal practices, systems and processes, and raised concerns about the proper use of public…
Tax experts have said the six-figure tax bill was not extraordinarily high for a top-tier executive who had lived overseas and had a range of investments.
Both Mr Shipton and Mr Crennan, who last year brought forward his resignation plans amid the revelations, had already agreed to repay the amounts claimed.
Mr Shipton, who stood aside during the review, will return to work on Monday. But he will leave the regulator within the next three months despite being absolved in the report.
Mr Frydenberg…
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