Queensland Premier Campbell Newman has done a large representation to business with a guarantee to condense legislation law by 20 per cent.
At a lunch for a Australian Institute of Company Directors Mr Newman also betrothed to revoke a authorised liabilities of association directors by half.
“This is Queensland alone; there are 3,800 offences for that a executive can be hold privately probable for acts undertaken by their association with or but a director’s knowledge, and quite it does regard us that most of this legislation reverses a responsibility of proof,” Mr Newman said.
“Reforms in this area will demeanour to revoke a liabilities imposed on directors by half
Read full article: http://www.theaustralian.com.au/business/harvey-norman-profit-smashed/story-e6frg8zx-1226462780402
Source:
http://www.ezonearticle.com/2012/09/25/newman-outlines-business-vision-for-queensland/
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