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Showing 111 - 120 of 2044 results for "Legislation"

Labor wins: What super, advice industries want

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
... retirement of millions of Australians. SMC called on the government to move swiftly on the passage of payday super legislation within the first 100 days of Parliament, and the Delivering Better Financial Outcomes (DBFO) reforms. SMC said it would also ...

Spender criticises Labor's 'lack of urgency' on advice reforms

ELIZA BAVIN  |  THURSDAY, 17 APR 2025
... has initiated the review, but there's a lack of urgency on this, and a lack of urgency in terms of backing up legislation, backing up their words. So that is, is something I continue to fight for," she said. Spender added that ensuring Australians ...

New government must prioritise payday super: SMC

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
Super Members Council (SMC) is urging Australia's newly elected government to pass the payday super legislation as a matter of priority within its first 100 days in power. The council's analysis found that in 2021-22, about $5.1 billion of super went ...

NPP not suitable as the primary payment system for payday super

MATTHEW WAI  |  WEDNESDAY, 9 APR 2025
Payday super, coming into effect 1 July 2026 pending the current draft legislation, could bring a world of problems once introduced, including payroll and tax obligations for Australian small and medium enterprises (SMEs), experts claimed. One of the ...

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... that the victim-survivors are stuck with the debts inflicted on them..." Owen said. "More can be done within existing legislation to provide support and relief..."

FAAA expands policy team

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
... ongoing efforts in shaping the future of financial advice in Australia."The appointment comes as Canberra finalises legislation around Delivering Better Financial Outcomes. Speaking on the latest DBFO proposal, the FAAA said it was "disappointed". FAAA ...

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 ...