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

Search Results

Showing 1231 - 1240 of 1948 results for "Proposal"

Super council won't prevent Labor tax raids

MARK SMITH  |  MONDAY, 8 APR 2013
Shadow Treasurer Joe Hockey has slammed the government's new superannuation proposals saying the new Council of Superannuation Custodians would not bring an end to future tinkering. Details about the independent body are yet to be disclosed, but Treasurer ...

Brogden reaffirms campaign warning to politicians

MARK SMITH  |  MONDAY, 8 APR 2013
Financial Services Council (FSC) chief executive John Brogden has put his super campaign on hold in light of the government's proposed changes to the retirement tax regime, but warns future governments that it may return. At a press conference in Sydney ...

Super changes ease political and financial uncertainty

MARK SMITH  |  FRIDAY, 5 APR 2013
The announcement of changes to the superannuation taxation system this morning has ended speculation, allowing savers and voters to focus on the future, the Association of Superannuation Funds of Australia (ASFA) said. Treasurer Wayne Swan and Minister ...

MDA guidance review will bring coherence and consistency

LAURA MILLAN  |  THURSDAY, 28 MAR 2013
... regulated sector might encourage more people to use MDA because they'll see them as safer," McIlroy said. However, the ASIC proposal has its downturns and it makes it more difficult to provide MDA services due to extra capital requirements, which can ...

ASIC releases draft super benefits calculator guidelines

ALEX DUNNIN  |  WEDNESDAY, 20 MAR 2013
ASIC has issued a discussion paper on its proposed policy for superannuation forecast calculators that clarifies assumption the regulator wants fund trustees to include. The paper also outlines what guarantees of protection they will grant if fund promoters ...

ASIC eases fears on high frequency trading

MARK SMITH  |  MONDAY, 18 MAR 2013
The Australian Securities and Investments Commission (ASIC) has said in a new report that fears related to high frequency trading (HFT) are mostly unfounded. The much-anticipated report, released today, follows investigation into market prices by two ...

Managed accounts set for an overhaul

LAURA MILLAN  |  MONDAY, 11 MAR 2013
For the first time in nine years, the country's financial services regulator is placing the managed accounts sector through a comprehensive review, addressing grey areas and fixing major drawbacks that have long derailed the sector's growth. Institutions ...

Hamilton prepares counter-bid for Elders forestry scheme

MARK SMITH  |  THURSDAY, 7 MAR 2013
... "The really nasty bit is that Elders is seeking harvest fees of $21 million even though no harvest has occurred." The proposal would result in a reorganisation of Sandalwood, essentially giving growers 94% ownership of Hamilton. This would allow Growers ...

ICI chief blasts US transaction tax legislation

ALEX DUNNIN  |  THURSDAY, 7 MAR 2013
US Investment Company Institute (ICI) chief executive, Paul Schott Stevens, has blasted proposals for a transactions tax saying it's bad policy that will cost investors dearly. "A financial transaction tax is bad policy that substantially reduces the ...

Valuation drop for WHK if merger falls through: Macquarie

BEN COLLINS  |  WEDNESDAY, 27 FEB 2013
... according to analyst research. On Monday SFG Australia said that it had presented WHK Group's board with a non-biding proposal for a "merger of equals," which valued WHK Group shares at a 12% premium. The merger offer, made after discussions began in ...