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Showing 221 - 230 of 2019 results for "Legislation"

Treasury outlines plans to boost employment

CASSANDRA BALDINI  |  TUESDAY, 26 SEP 2023
... work bonus maximum cap to provide more choice and flexibility to participate in the workforce. Pending the passage of legislation, from next January all new pension entrants over Age Pension age and eligible veterans will have a starting work bonus income ...

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
The government has published its draft legislation and is seeking feedback on its proposed reforms, which aim to strengthen the integrity of the tax system and regulators' powers in response to the recent PwC scandal. The new legislation outlines changes ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
The highly anticipated legislation that recognises veteran financial advisers as professionals and exempts them from undertaking further qualifications has passed both houses of parliament. The Labor government passed Treasury Laws Amendment (2023 Measures ...

Government passes FAR legislation

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
The Financial Accountability Regime (FAR) passed the upper and lower houses of parliament yesterday, more than four years after it was first introduced. The Financial Accountability Regime Bill 2023 will apply to the banking industry six months after ...

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
The federal government is consulting on proposed superannuation legislation that will enshrine an objective to "preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way." The Superannuation ...

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023
... change nor its economic impacts." Since then, Schuster said, Australia has better incorporated climate change into legislation, policy and in the budget which now details the fiscal impacts of climate change. "The settlement is an important step forward ...

MLC Life backs adviser platform

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
... encountered by advisers when delivering risk advice, addressing everything from intricate market dynamics to shifts in legislation and operational efficiency challenges. Speaking on the collaboration, MLC Life chief individual insurance officer Michael ...

Super tough sell for First Nations people: Podcast

CASSANDRA BALDINI  |  FRIDAY, 11 AUG 2023
... time, then there is just going to be disengagement throughout the entire period." Although funds can't mandate legislation, Usher explained there are a few ways they can assist in supporting Indigenous members, and actively contribute to improving ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... objective of capital preservation and use of investment returns only," he said. "Across seven funds, including HAFF should legislation pass, more than $260 billion of public resources would be managed. Approximately $200 billion for the original Future ...

Treasury consults again on FFSP exemptions

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
... services while ensuring regulatory oversight. Within the Bill, the government is making four key changes to existing legislation it hopes to introduce in April 2024. These are creating a professional investor exemption; comparable regulator exemption ...