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Showing 91 - 100 of 2018 results for "Legislation"

Payday super on track, but so is the $3m super tax

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... bipartisan support for this reform will be crucial to its success and we urge the Opposition to also commit support for the legislation. We'll continue to work closely with the Parliament, business leaders and other stakeholders to ensure these reforms ...

New tax cuts for every Australian 'a complete joke': UNSW

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... student loan debt by a combined $19 billion for three million Australians to make the "system fairer." Subject passing legislation, all outstanding Higher Education Loan Program (HELP) and other student loans will be cut by 20%, wiping $16 billion from ...

DBFO reforms package 'pretty disappointing': FAAA

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... in efforts to deliver high-quality advice to more Australians. "Our single biggest concern in relation to the draft legislation is that it appears to give super trustees the ability to collectively charge for comprehensive retirement advice," Abood said. ...

Tranche 2 of DBFO dumps SOAs, enables 'nudges'

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
... charge for. However, some elements of the reforms are still being ironed out by Treasury. The second round of draft legislation covers three key areas of reform: the eradication of SOAs; the advice topics super funds can collectively charge members for ...

Tranche 2 is coming before the election: Jones

ELIZA BAVIN  |  WEDNESDAY, 19 MAR 2025
... everything is in place before the federal election, and before Jones retires from politics. "We will have the draft legislation - or the next tranche of draft legislation - out before the election so we can pour over it. What I am trying to do as a custodian ...

Government releases draft payday super law

ANDREW MCKEAN  |  FRIDAY, 14 MAR 2025
The government has released draft legislation to mandate payday super, a policy that was first flagged in the 2023-24 Federal Budget. The draft legislation stipulates that from 1 July 2026, employers must pay their employees' superannuation at the ...

UK regulators abandon DEI reporting push

JAMIE WILLIAMSON  |  THURSDAY, 13 MAR 2025
... and inclusion, and do not intend to return to this question until after the substantive implementation of any new legislation in this area." He added that the PRA will remain "alert to the risks of groupthink within firms."

Unlawful hawking practices re-emerge in SMSFs

MATTHEW WAI  |  TUESDAY, 11 MAR 2025
... consumer outcomes and trust in the financial system." Subsequently, the corporate watchdog also introduced similar legislation to financial products in October 2021, opting to provide consumers greater control in making decisions and prevent them being ...

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
... appointing superannuation directors - which is a function of the basic equal representation rule and corporations legislation that entitles shareholders in companies to appoint directors - controversy surrounding an appointing organisation necessarily ...

Treasury responds to CHESS replacement inquiry

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... CHESS Replacement Project is too important to fail, which examined ASIC, the Takeovers Panel, and the corporations legislation, with regard to the CHESS Replacement project. The report, published in April 2024, made 12 recommendations to strengthen the ...