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Showing 1 - 10 of 11 results for "Treasury paper"

Treasury looks to reform regulation on consulting firms

RIDDHIMA TALWANI  |  WEDNESDAY, 1 JUL 2026
... also serious concerns regarding independence and integrity during the pursuit of the Macquarie audit contract. The Treasury paper said there is "strong and compelling evidence" to impose enforceable obligations on audit firms in relation to firm-level ...

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
Treasury has proposed a 1.5% increase in the Financial Institutions Supervisory Levies for the 2023-24 financial year, including a $7.2 million budgetary boost for APRA. Treasury papers revealed the total funding required under the levies in 2023-24 ...

AFA rejects criticism over grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
... applied to or the extent to which these payments are impacting the quality of advice or consumer outcomes. The Treasury paper estimates grandfathered commissions account for between nine and 19% of adviser revenues; however Investment Trends research ...

Default retirement products not good enough: Milliman

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2017
... will need to get creative if they are to solve such complex retirement problems with a default solution. "As the Treasury paper makes clear, CIPRs are not an excuse to encourage sales of annuities or particular retirement income products. It will take ...

MySuper progresses to MyRetirement

DARREN SNYDER  |  FRIDAY, 16 DEC 2016
... to investing fully in an account-based pension drawn down at minimum rates or a guaranteed level of income, the Treasury paper said. It will provide a balance of income, risk management and flexibility - including longevity risk management and access ...

Labor demands to see Treasury papers on super

DARREN SNYDER  |  WEDNESDAY, 1 JUL 2015
The federal opposition is calling for documents to be released that allegedly show the government received advice on options to vary superannuation tax concessions prior to this year's budget. A Freedom of Information request by Labor to federal Treasury ...

Don't take our franking credits: Taxpayers Australia

DARREN SNYDER  |  WEDNESDAY, 1 APR 2015
... incomes of retirees will fall," Agland said. A rationale for getting rid of the imputation system - according to the Treasury paper - is the distortion effect it has on non-resident shareholders. "Why the impact on non-resident investors is considered ...

Govt moves to repeal super payslip disclosure rules

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
... regulations were written to enforce it. This means the repeal of the law will not make any practical difference. A Treasury paper outlining the amendment justified the move to repeal the laws on the grounds that payslip reporting is "more complex and ...

Treasury paper ignores responsibility: ACFS

MELANIE TIMBRELL  |  MONDAY, 17 SEP 2012
Recently released proposals to increase the power of the prudential regulator have failed to address the issue of accountability and performance appraisal. The Australian Centre for Financial Studies (ACFS) has argued in an analysis paper released today ...

Flawed assumptions pushing RRR too high

ALEX DUNNIN  |  THURSDAY, 15 MAR 2012
Superannuation advocates' claims that SG contribution rates need to keep rising to fund retirement income replacement ratios of up to 70% might be based on flawed assumptions. Debate among financial planners in the US on retirement income replacement ...
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