Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 2044 results for "Legislation"

Chalmers and Bragg spar over $3m super tax

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... of work to "make sure that defined benefit was appropriately represented in the changes." However, Bragg claims the legislation does not cover the Prime Minister or other ministers. While Chalmers is adamant there will be no exemptions, Bragg has said ...

Patience urged over 'shortsighted' super tax

ELIZA BAVIN  |  FRIDAY, 16 MAY 2025
... clients to remain patient until the Bill is reintroduced into Parliament. At that time, we will carefully review the legislation for any amendments, with particular attention to the effective start date," Aliprandi said. "This will provide clarity on ...

Panic selling of SMSF assets 'totally unnecessary'

ELIZA BAVIN  |  THURSDAY, 15 MAY 2025
... many who will be best served by making no change at all," Busoli said. "There is plenty of time to consider what the legislation ultimately becomes before making a decision. Any panic to meet the 30 June 2025 'deadline' is due to confusion regarding ...

Daniel Mulino takes over financial services portfolio

JAMIE WILLIAMSON  |  TUESDAY, 13 MAY 2025
... areas in need of reform, like the Compensation Scheme of Last Resort and the Delivering Better Financial Outcomes legislation. "These are priorities that our members are keen to see addressed quickly by the federal government," she said. "It is critical ...

Reducing super tax cap to $2m 'a concern': FAAA

ELIZA BAVIN  |  FRIDAY, 9 MAY 2025
... our list for the new minister to be addressing," Abood said. "The other high priority issue, of course, is DBFO. The legislation is half there. We've talked about cutting red tape. The first tranche of reforms were aimed at trying to help that situation ...

Industry bodies call for delay to Payday Super

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
... Institute of Certified Bookkeepers, Institute of Public Accountants, SMSF Association and The Tax Institute. While legislation is yet to be enacted, Payday Super is slated for 1 July 2026 and designed to ensure employees are paid their Superannuation ...

FAAA calls for stronger consumer protections in advice reforms

ANDREW MCKEAN  |  WEDNESDAY, 7 MAY 2025
... super nudges in its submission to Treasury on the Delivering Better Financial Outcomes (DBFO) Tranche 2 Part A draft legislation. The FAAA supports the government's goal of increasing access to financial advice, however, stressed that retirement planning ...

Licensees slash compliance spending: Survey

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
... Assets, he said. Under the re-elected Albanese government, industry bodies are calling for the swift passage of major legislation such as Payday Super and DBFO within the first 100 days of parliament. The law firm's 2025 Compliance Trends Survey also ...

What Labor's second term means for regulators

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
... July or August. "There's a range of other things that consultation had been done, policies drafted, sometimes legislation drafted as well, but didn't quite get over the line. Now those things, I presume, will keep going. So that's easier ...

ASIC cancels licence of Brite Advisors

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
... remain a member of AFCA for another year. This allows clients to continue using the complaints process. Under the legislation passed alongside the CSLR's creation, ASIC is obliged to cancel the financial services or credit licence of any firm that fails ...