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| | | The Senate Economics Legislation Committee has released its report on the future of financial advice bill recommending passage subject to nine recommendations. The report was tabled in Parliament yesterday, with the House of Representatives debate due ... |
| | | | The financial services industry has been given another year to implement the FOFA reforms, with the mandatory industry wide start date confirmed as July 1, 2013. Financial Services Minister Bill Shorten announced the proposed FOFA changes will kick ... |
| | | | BetaShares has launched the first in a range of cash exchange traded funds due on the Australian Securities Exchange in the coming weeks. The Australian High Interest Cash exchange traded fund (ETF) will hold Australian dollars in bank deposit accounts ... |
| | | | The Australian share market has climbed higher as investors appear to be looking past Greece's negotiations with bondholders and Australia's jobs figures. At 1200 AEDT on Thursday, the benchmark S&P/ASX200 index was up 17.2 points, or 0.42 per cent ... |
| | | | A revised draft of the Investment Manager Regime legislation has been released, following stakeholder feedback on the initial proposals designed to alleviate perceived tax disincentives on foreign managed funds investing in Australia. The Government ... |
| | | | The Self Managed Super Fund Professionals Association of Australia claims the government's excess contribution tax threshold of $10,000 is not high enough. The Tax and Superannuation Laws Amendment bill was introduced into parliament last week, which ... |
| | | | ... Laws Amendment bill into parliament, which it said would create more flexibility and support for super contributions. The bill (2012 Measures No.1) details a number of proposed changes, including a suggested halt in the rise of indexation of the super ... |
| | | | The date is set for FOFA to start on July 1 this year with the Parliamentary Joint Committee releasing its report, complete with 15 new recommendations. In its 220-page report, the Parliamentary Joint Committee (PJC) noted that despite industry calls ... |
| | | | Australian stocks opened firmer on Tuesday, led by strength in the telecoms and information sector. At 1031 AEDT, the benchmark S&P/ASX200 index was up 14 points, or 0.33 per cent, at 4,281.4 points, while the broader All Ordinaries index had risen ... |
| | | | In the first AGM season since its introduction, 17 companies have received their first strike under the two-strike rule but a new AMP report finds that company engagement has tripled. Last year the controversial two-strikes rule was introduced on July ... |
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