Australia
One Nation Queensland ordered to file missing financial statements
The Queensland Office of Fair Trading has given One Nation until next month to submit three years of missing audited accounts.
By The Victoria Brief News Desk
1 min read
One Nation's Queensland division is facing a strict deadline to submit three years of missing financial statements following an intervention by state regulators. According to a wire report, the Office of Fair Trading has requested that the political party division file its outstanding audited accounts as a matter of urgency.
The Queensland Office of Fair Trading confirmed that One Nation Queensland Division Inc has been given until the middle of next month to file the necessary paperwork. The missing financial statements cover three consecutive financial years, which span from 2023 through to 2025.
At this stage, the precise reasons behind the lengthy delay in lodging these audited accounts have not been publicly detailed by either the political party or the state department. Similarly, the regulator has not yet confirmed what specific penalties, financial fines or other regulatory actions One Nation Queensland Division Inc could face if it fails to comply with the directive by the mid-month deadline.
Under Queensland state laws, registered incorporated associations are required to submit regular, audited financial statements to ensure legal compliance and public transparency. The Office of Fair Trading is the government body responsible for monitoring these entities and ensuring that they meet their annual reporting obligations.
Because the details regarding the delay remain scarce, it is still unknown whether the party has already begun the process of auditing the accounts for those years.
We will watch to see if One Nation Queensland Division Inc manages to submit the correct audited accounts before the deadline midway through next month.
This report draws on original reporting by Wire report.
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