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| | The landmark Better Advice Bill, which introduces a new disciplinary body, passed the senate overnight. Under the Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 (Better Advice Bill), from 1 January 2022, the Financial ... |
| | | A Senate committee is proposing a regulatory framework for digital assets and crypto-asset businesses to protect consumers, promote investment in Australia and deliver competition, but the industry has concerns. The Select Committee on Australia as ... |
| | | ... holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information. The Senate Committee report released this week on disclosure obligations for the sovereign wealth fund recommends it be exempt ... |
| | | ... changes to Australia's continuous disclosure rules and will consult on the remaining recommendations. Last year, when the Senate Parliamentary Joint Committee, Corporations and Financial Services began looking into the regulation of the industry ... |
| | | ... the resulting additional demand for housing will not be matched by an increase in supply. The Retirement Income Review, a Senate Inquiry and Grattan have all rejected 'super for a house'." Not only would allowing early access to super to buy a home hurt ... |
| | | ... advisers will only grow stronger. "From 1 January 2022, assuming that the safe passage of the Better Advice Bill through the Senate, consumers will be able to trust that financial advisers' obligations will be monitored and enforced, with the creation ... |
| | | ... introduced by the federal government for businesses that struggled financially at the onset of the coronavirus pandemic. The Senate Economics Legislation Committee's Inquiry into the Coronavirus Economic Response Package Amendment (Ending JobKeeper ... |
| | | ... should be expressed in terms directly related to the compensation cap available to consumers through AFCA," it said. The Senate Legal and Constitutional Affairs References Committee had already recommended that the compensation cap through AFCA be lifted ... |
| | | ... Reports and Analysis Centre (AUSTRAC), which has handed out record fines to the big banks, will face new scrutiny from the Senate. Labor Senator Deborah O'Neill'smotion to set up an inquiry into the agency through the Senate Legal and Constitutional ... |
| | | ... are accountable to the parliament, the Financial Services Royal Commission noted that parliamentary committees, including Senate Estimates, have some limitations in assessing the effectiveness of the regulators (for example, the fields of expertise required ... |
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