Australia

Jersey risks advertising itself as a ‘safe haven' for tax evaders if it does not extradite an alleged British fraudster involved in advising Crocodile Dundee actor Paul Hogan, says a lawyer at the hearing.

The Isle of Man has signed tax agreements with Australia as part of its programme of developing closer economic and tax ties with other countries.

Impax Asset Management has linked up with BNP Paribas Investment Partners to launch the Impax Environmental Markets Trust (IEM Trust) to the Australian market.

A mis-selling scandal is brewing for advisers on overseas pension transfers, according to an expert in QROPS (Qualifying Recognised Overseas Pension Schemes).

Royal Bank of Scotland (RBS) has announced it will sell the Australian and New Zealand operations it acquired with ABN Amro last year.

Advisory firm Montfort International has attacked some Australian financial advisers and pension funds for using "scare tactics" to encourage pension transfers from the UK ahead of the changes to the Australian system on 1 July.

HM Revenue & Customs has confirmed it will make changes to current legislation to allow Australian schemes to continue to be included as Qualified Recognised Overseas Pension Schemes (QROPS) where appropriate.

In Australia we have a colloquialism we use when arguing about the blindingly obvious - even "Blind Freddy" can see that.

Last October Callum McCarthy started a speech he delivered at Gleneagles by saying that in the 18th Century we exported our convicts to Australia. It appears that at the start of the 21st Century some (Australians, not convicts!) have made the return...

Ok, so let's get this bit out of the way first - those Australians certainly showed us a thing or two about how to play cricket in the recent Ashes series. In some areas, Australian supremacy is not in doubt.