Weekend Times


Google Workspace

Business News

Australia's biggest corporate fine isn't the end of it for Westpac

  • Written by Helen Bird, DIscipline Leader, Corporate Governance & Senior Lecturer, Swinburne Law School, Swinburne University of Technology

Paying a record A$1.3 billion fine for breaches of the Anti-Money Laundering and Counter-Terrorism Financing Act is one thing, making sure it couldn’t happen again is another.

The fine agreed to by Westpac and the Australian Transaction Reports and Analysis Centre (AUSTRAC) last week amounts to one-fifth of its 2019 full year net profit.

Althou...

Read more: Australia's biggest corporate fine isn't the end of it for Westpac

The Weekend Times Magazine

Aussie Road Trip – Everything You Need to Know for Your Next Adventure

Going on a road trip in Australia is the best way to explore the major tourist attraction sites, hidden gems and the beautiful landscapes that span for thousands of miles...

Property app Instarent

Property self-management soars during COVID lockdown The innovative PropTech app, Instarent, has seen exponential growth during the COVID -19 lockdown, reporting a 400 per cent increase in users during...

Brisbane Compensation Lawyers for Work Injury Damages

Suffering a work-related injury can turn your life upside down. The physical pain, emotional stress, and financial uncertainty can feel overwhelming. If you’re in Brisbane and facing this situation, finding...

Evaporative Cooling Cleaning Melbourne for Fresh Air and Reliable Cooling

Regular Evaporative Cooling Cleaning Melbourne is essential for maintaining clean air, consistent cooling performance, and the overall reliability of evaporative cooling systems. These systems are widely used across Melbourne due to...

Creating Dream Backyards with Professional Pool Builders Sydney

In a city like Sydney, where outdoor living is central to daily life, having a well-designed pool can transform a property into a private retreat. This is why homeowners turn...

Eradicate Sugar To Aid Good Mental Health

It’s R U OK Day tomorrow, Thursday 10 September, the national day of action for people to check in with their peers, family and friends to see if they’re ok.  Twenty...

Why Lighting Stores Perth Are the Key to Brightening Homes and Businesses

The right lighting can transform a room from dull to dynamic, highlight architectural details, and create an inviting environment for living, working, or entertaining. For those in Western Australia, visiting...

The Aussie Man Launches Debut Range of Men’s Grooming Products

Brand new Australian made men’s skincare company The Aussie Man has today announced the launch of their new range of organic skincare.  The Aussie Man uses hero natural ingredients such as...

Paid parental leave needs an overhaul if governments want us to have ‘one for the country’

As Australia and New Zealand face the realities of slow growth, or even a decline in population, it’s time to ask if their governments are doing enough. Especially if they...