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|Former Australian Council of Trade Unions secretary and former Federal Government minister Greg Combet will become the new chair of Industry Super Australia today. Combet will replace Peter Collins in the top role as the latter steps down to fulfil ...|
|... Election. Replacing Weaven as IFM Investors chairman will be current deputy chair Greg Combet. The former Federal Government minister joined IFM's board in 2014, and is also a former Australian Council of Trade Unions (ACTU) secretary. He is also a former ...|
|The Federal Government has requested the Board of Taxation conduct a review of the tax treatment of granny flat arrangements and outline potential reforms to assist the prevention of elder abuse. Under existing tax laws, a homeowner may have to pay ...|
|... of domestic violence will be able to access their superannuation thanks to new measures introduced by the Federal Government. Overall the package has been met with mixed reactions. Victims of domestic and family violence will be able to withdraw up to ...|
|The Federal Government is spending an additional $50 million to increase efforts in prosecuting financial misconduct. Treasurer Josh Frydenberg said an additional $51.5 million would be provided to the Commonwealth Director of Public Prosecutions (CDPP) ...|
|... short-dated corporate bonds have credit exposure. Due to budget deficits in recent years, Harper says the Federal Government has issued a large amount of bonds. Pointing to the Bloomberg AusBond Composite Index, that means the credit component of the ...|
|Amending the Protecting Your Super reforms, the Federal Government has made an exception to the opt-in life insurance changes to ensure coverage for Australians working in dangerous occupations. Addressing delegates at the 2018 ASFA Conference, Assistant ...|
|... According to Labor, the Royal Commission's timeframe is "unreasonably short". The Federal Opposition claim the Federal Government deliberately constructed the Royal Commission so as to limit the amount of time instances of misconduct in financial ...|
|... services to compliment this strategy," the statement said. Crowd-sourced funding rules were enacted by the Federal Government in 2017. They allow small unlisted companies to offer shares (up to $5 million) in any 12-month period while being exempted ...|
|The Federal Government has moved to strengthen supervision of the financial services industry, boosting APRA's funding and reappointing chair Wayne Byers for five years. The prudential regulator will welcome an extra $58.7 million in funding over the ...|
The $80 billion fund manager has hired BMO Global Asset Management's Asia Pacific managing director as an executive director as the incumbent retires.
Wilson Asset Management has responded to allegations by Keybridge Capital, noting the investment manager has already failed twice in previous attempts to obtain orders of this kind.
The former head of ESG investment research at AMP Capital has taken up a new role.
Fortnum, Centrepoint, Easton Wealth, CountPlus, Fitzpatricks and Paragem have all criticised the Financial Planning Association of Australia's latest policy proposal.
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