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Showing 91 - 100 of 1324 results for %22Australian Treasury%22

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... the scheme needs to be broader, to ensure that consumers are covered for the full range of matters considered by the Australian Financial Complaints Authority (AFCA), including managed investment schemes (MIS)," Abood said. Of note, yesterday Treasury ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... dividends in Australia. "If legislated, these measures will result in grave consequences for the competitiveness of Australian companies. It will deter investment in Australian companies, making it harder for them to raise capital, and more reliant on ...

Expect more greenwashing action: ASIC

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2023
... will do what we need to do to make sure entities are not misleading the market" on greenwashing, Longo said at the Australian Institute of Company Directors (AICD) Australian Governance Summit. On Tuesday, ASIC announced court proceedings against Mercer ...

Mercer embroiled in greenwashing allegations

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... excluded, this promise must be upheld," said ASIC deputy chair Sarah Court. "This is the first time ASIC has taken an Australian entity to court regarding alleged greenwashing conduct, and it reflects our continuing efforts to ensure sustainability-related ...

Productivity Commission kicks off philanthropy review

CHLOE WALKER  |  MONDAY, 13 FEB 2023
... organisations and community groups to support vulnerable Australians and build social capital and connectedness in Australian communities," he said. This has been highlighted by the challenges of recent years, Leigh said, with not-for-profits mobilising ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
... given by superannuation funds to their members will be personal advice." It's not untrue that a large portion of Australian super funds have been waiting for the chance to provide advice in line with member expectations. "The financial advice our ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
True to her word, Quality of Advice Review chair Michelle Levy's final report contains few surprises, however her recommendations include the introduction of both a Good Advice Duty and a Statutory Best Interests Duty. The 267-page final report ...

Government acts to regulate crypto assets

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
... potential to help improve competition in the technology and other sectors, which would carry broader benefits for the Australian economy. Australian businesses can take advantage of the technological advancements to improve their operations, create new ...

All financial advice should be tax deductible: FPA

CASSANDRA BALDINI  |  FRIDAY, 3 FEB 2023
... participants in the financial services industry," the FPA said. It highlighted that, based on information included in the Treasury Proposal Paper, financial advisers would be responsible for more than 75% of the cost of the scheme which would include ...

TPB bans PwC partner over breach

CHLOE WALKER  |  MONDAY, 23 JAN 2023
... have let slip confidential law reform plans. While a partner at PwC, Collins was part of a confidential consultation by Treasury to improve tax laws, including introducing new rules to stop multinationals avoiding tax by shifting profits from Australia ...