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Showing 1 - 10 of 100+ results for "Senate"

Crypto regulation proposed: Bragg

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
A Senate committee is proposing a regulatory framework for digital assets and crypto-asset businesses to protect consumers, promote investment in Australia and deliver competition, but the industry has concerns. The Select Committee on Australia as ...

Industry slams Future Fund disclosure exemption

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information. The Senate Committee report released this week on disclosure obligations for the sovereign wealth fund recommends it be exempt ...

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
... changes to Australia's continuous disclosure rules and will consult on the remaining recommendations. Last year, when the Senate Parliamentary Joint Committee, Corporations and Financial Services began looking into the regulation of the industry ...

Tax incentive could boost affordable housing: ISA

ELIZABETH MCARTHUR  |  MONDAY, 27 SEP 2021
... the resulting additional demand for housing will not be matched by an increase in supply. The Retirement Income Review, a Senate Inquiry and Grattan have all rejected 'super for a house'." Not only would allowing early access to super to buy a home hurt ...

Hume puts finfluencer followers on notice

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
... advisers will only grow stronger. "From 1 January 2022, assuming that the safe passage of the Better Advice Bill through the Senate, consumers will be able to trust that financial advisers' obligations will be monitored and enforced, with the creation ...

ATO will not pursue erroneous JobKeeper payments

KARREN VERGARA  |  MONDAY, 13 SEP 2021
... introduced by the federal government for businesses that struggled financially at the onset of the coronavirus pandemic. The Senate Economics Legislation Committee's Inquiry into the Coronavirus Economic Response Package Amendment (Ending JobKeeper ...

CSLR unfairly locks out some victims: Maurice Blackburn

ELIZABETH MCARTHUR  |  MONDAY, 16 AUG 2021
... should be expressed in terms directly related to the compensation cap available to consumers through AFCA," it said. The Senate Legal and Constitutional Affairs References Committee had already recommended that the compensation cap through AFCA be lifted ...

AUSTRAC to face scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 24 JUN 2021
... Reports and Analysis Centre (AUSTRAC), which has handed out record fines to the big banks, will face new scrutiny from the Senate. Labor Senator Deborah O'Neill'smotion to set up an inquiry into the agency through the Senate Legal and Constitutional ...

Government to create ASIC, APRA regulator

ANNABELLE DICKSON  |  THURSDAY, 24 JUN 2021
... are accountable to the parliament, the Financial Services Royal Commission noted that parliamentary committees, including Senate Estimates, have some limitations in assessing the effectiveness of the regulators (for example, the fields of expertise required ...

Industry mixed on YFYS

ANNABELLE DICKSON  |  FRIDAY, 18 JUN 2021
... reforms with some saying it will lead to worse outcomes for members. The Your Future, Your Super reforms were passed in the Senate yesterday with an amendment that will delay benchmarking and stapling until November. The Australian Institute of Superannuation ...
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