Original article by Ewin Hannan
The Australian Financial Review – Page: 7 : 20-Jun-16

The Australian Government will increase the maximum civil penalty for breaches of the Corporations Act if wins the 2016 federal election. Company directors will face fines of up to $A216,000 for serious breaches of the Act, compared with $A200,000 at present. The registered organisations bill will also impose the same penalty on union officials, who can be fined a maximum of $A10,800 at present. Unions will also be prohibited from paying the fines of officials who breach the law.

CORPORATES
AUSTRALIA. DEPT OF EMPLOYMENT, AUSTRALIA. ROYAL COMMISSION INTO TRADE UNION GOVERNANCE AND CORRUPTION, ACTU, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA