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Bing Lee Reveals Revenue Slump After Being Fined By ASIC For None Disclosure

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The Australian Securities and Investments Commission (ASIC) has issued a $187,800 penalty to NARTA member Bing Lee Electronics after the retailer failed to lodge its tax return—an issue ASIC says reflects a broader, ongoing compliance problem among Australian businesses. The company, whose General Manager Peter Harris now sits on the NARTA board following CEO Lionel […]

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