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Showing 1 - 10 of 2018 results for "Legislation"

US proposes fresh tariffs on Australia

ELIZA BAVIN | THURSDAY, 4 JUN 2026

... repeatedly," Chalmers said. "Now, when it comes to the specifics of the modern slavery laws, we've got world-leading legislation in place already to combat the evils of modern slavery. This is the issue that the trade representative has raised. "So we ...

AFCA to update rules on new genetic testing laws

KARREN VERGARA | TUESDAY, 2 JUN 2026

... considering the terms and conditions, pricing and exclusions on which the cover is offered. ASIC will enforce the new legislation as insurers that ignore the ban can face a civil penalty. Insurers, however, will still be able to access information about ...

'No basis' to ban independent trustee model: Equity Trustees

ELIZA BAVIN | THURSDAY, 28 MAY 2026

... market segment," it said. In its submission, Equity Trustees argued it would not be feasible for the drafters of the legislation to precisely define between 'platforms' and 'RSE Licensee of platforms' given the offers provided by all superannuation funds ...

Law blocking abusers hiding super assets passes parliament

VINNY VUCAGO | FRIDAY, 15 MAY 2026

The government has passed landmark legislation allowing victim survivors of child sexual abuse to access the superannuation assets of convicted offenders who fail to pay court ordered compensation. Assistant treasurer and minister for financial services ...

ASFA expands technical implementation service

MATTHEW WAI | TUESDAY, 12 MAY 2026

... for every single member of an APRA-regulated super fund," Delahunty said. "Regulatory change does not finish when legislation or guidance is published. That's where the most complex and costly work begins. "We're excited to be able to support ...

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO | TUESDAY, 12 MAY 2026

A Senate Economics Legislation Committee report released this week expressed in principle support for paying super on every dollar earned, including removing the existing 30 hour per week threshold that currently applies to under 18 workers. Under current ...

Major UK pension reforms passed

JAMIE WILLIAMSON | THURSDAY, 30 APR 2026

The UK has passed legislation requiring pension schemes to prove they're delivering value for money or face consolidation and enables automatic merging of multiple pension pots. The Pension Schemes Bill was passed into law on Wednesday, which will kickstart ...

Generation Life reports cyber attack

KARREN VERGARA | TUESDAY, 28 APR 2026

... in as net inflows. FUM for Evidentia reached $34.8 billion, up 30% year on year. "During the quarter, Division 296 legislation received Royal Assent and became law, representing a structural shift in the taxation of superannuation balances above $3 million," ...

ASIC to refresh financial market infrastructure guides

KARREN VERGARA | TUESDAY, 21 APR 2026

... administrators. Under RG 172, ASIC proposes changes to how overseas entities should be licensed. This is so it reflects the legislation "for determining whether 'a financial market has a material connection with this jurisdiction', as introduced ...

SMC calls for guaranteed super for domestic workers

ELIZA BAVIN | WEDNESDAY, 15 APR 2026

... excluded from guaranteed super. SMC said this was "an omission that can no longer be justified". The Senate Economics Legislation Committee is inquiring into the law which gives rise to the exclusion of part-time domestic workers. SMC has urged government ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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