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Showing 131 - 140 of 732 results for "Amendment"

Consultation opens on NALI reforms

ANDREW MCKEAN  |  TUESDAY, 20 JUN 2023
... are set to affect self-managed superannuation funds (SMSFs) and small APRA-regulated funds (SAF). The Treasury Laws Amendment (Measures for Consultation) Bill 2023 seeks to refine the NALI provisions announced in the 2023-24 Budget. The bill contains ...

ANZ reaches agreement with QLD government over Suncorp

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
ANZ has executed an implementation agreement with the Queensland government as part of the bank's plan to acquire Suncorp Bank. The signing of the agreement marks the next step in ANZ's plan to acquire Suncorp Bank despite concerns raised by the Australian ...

Cheques to wind down by 2030: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 8 JUN 2023
Archaic payment systems could soon be a thing of the past following government plans to wind down outdated methods like cheques. Treasurer Jim Chalmers handed down a five-point strategic plan yesterday in front of the Australian Banking Association ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... that would impact franked dividends funded by capital raisings. In February, the government tabled the Treasury Laws Amendment (2023 Measures No.1) Bill 2023 which among other things sought to standardise the tax treatment of on-market and off-market ...

Adviser registration extended to October

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... for several reasons. This will allow time for parliament to consider the improvements proposed by the Treasury Laws Amendment (2023 Measures No. 1) Bill 2023, which is currently before the senate. ASIC said it also wants to provide further guidance to ...

Treasury consults on giving AFCA more super powers

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2023
... superannuation may be made to AFCA even if it does not meet the definition of a superannuation complaint. Treasury Laws Amendment (Measures for Consultation) Bill 2023: AFCA jurisdiction to hear superannuation matters (the draft bill) is open for consultation ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
Stakeholder responses to the federal budget are mixed at best, with many believing key measures require further consideration and consultation. Perhaps the measure that will most impact the financial services industry, the government remained firm in ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... Association of Superannuation Funds of Australia deputy chief executive Glen McCrea said: "The practical effect of the NALI amendment is that large APRA-regulated superannuation funds can continue with existing service arrangements that are in the best ...

Another round of consultation for veteran super taxation

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... veterans. While the legislation was introduced, it is yet to pass. Now, the government is consulting on Treasury Laws Amendment (Measures for Consultation) Regulations 2023: Military superannuation benefits, which is intended to complement the earlier ...

Experience pathway consultation opens

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... consultation to clarify the educational requirements for experienced financial advisers and new entrants. Treasury Laws Amendment (Measures for Consultation) Bill 2023: Financial Adviser Standards states that an adviser with 10 years of cumulative experience ...