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Showing 1411 - 1420 of 2025 results for "Legislation"

Indonesia woos infra investment

MELANIE TIMBRELL  |  WEDNESDAY, 27 JUN 2012
... to attract foreign investment received a boost in December when their House of Representatives passed land reform legislation enabling the government to purchase land needed for public infrastructure projects including roads, airports, power plants and ...

Vic to issue bonds to plug VisionSuper DB deficit

BEN COLLINS  |  THURSDAY, 21 JUN 2012
... deficit is tipped to be as high as $400 million. VisionSuper chairman, Rob Spence, told Financial Standard that there is legislation in place that would force local councils to plug the gap. "There are agreements that sit behind this with councils and ...

FOFA passes as industry backs professionalism

MELANIE TIMBRELL  |  THURSDAY, 21 JUN 2012
Industry bodies have broadly welcomed yesterday's passage of the FOFA legislation through the Senate, with the focus on codes of conduct effectively setting up the industry for self-regulation amid the push towards professionalism and better consumer ...

Foreign MIS tax legislation delayed

BEN COLLINS  |  THURSDAY, 21 JUN 2012
... fund managers have continuously told the government that overseas investors will only invest through Australia once legislation has passed Parliament," said Cormann. "The Johnson Report highlighted that the sooner we act the sooner we would empower our ...

SuperStream passes Lower House

ALEX DUNNIN  |  TUESDAY, 19 JUN 2012
Super Stream legislation passed through the Lower House yesterday but while the government is upbeat, the superannuation industry is still wary. The measures were contained in the Superannuation Legislation Amendment (Stronger Super) Bill 2012 that ...

ATO warns on structured products

MELANIE TIMBRELL  |  FRIDAY, 15 JUN 2012
... owners of the shares in the company, not those who dispose of the risks and benefits of owning the shares." Income tax legislation contains specific measures to counter practices that undermine the system, warns the ATO, which is concerned these complex ...

Australian shares outperform all other asset classes

BEN COLLINS  |  WEDNESDAY, 6 JUN 2012
... Liddell, Russell's director of consulting and advisory services. As part of the government's Stronger Super reforms, legislation has recently been introduced that requires superannuation fund trustees to consider the expected after-tax consequences of ...

SuperStream levy unclear

MELANIE TIMBRELL  |  MONDAY, 4 JUN 2012
... are to be raised. Speaking at public hearings of the Parliamentary Joint Committee Inquiry into the Superannuation Legislation Amendment Bill 2012 and Superannuation Supervisory Levy Imposition today, Andrew Bragg, senior policy manager at the FSC will ...

APRA: Third line of defence in Trio-style fraud

BEN COLLINS  |  FRIDAY, 1 JUN 2012
... supervisory powers over a small credit union than a multi-billion dollar superannuation fund." The Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Bill, passed by the House of Representatives on 23 May 2012 will give ...

Ex-MLIM chief and head of sales to lead Powerwrap

BEN COLLINS  |  WEDNESDAY, 30 MAY 2012
... place I am confident of Powerwrap's ability to execute our strategy going forward," he said. "The impact of the FOFA legislation and increased consumer awareness means that independent advisers are looking for more efficient, transparent platforms that ...