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Showing 231 - 240 of 2019 results for "Legislation"

Government cracks down following PwC scandal

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... register of practitioners will be improved so that people have more transparency over agent and firm misconduct. "Legislation to strengthen the integrity of our tax system and increase the powers of regulators will be introduced this year, with consultation ...

ACCC slams door on ANZ, Suncorp deal

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... meeting additional conditions, including approval from the Federal Treasurer and potential amendments to Queensland legislation. "While the acquisition remains subject to these conditions, ANZ continues its preparations for the integration of Suncorp ...

Regulators begin FAR consultation

CHLOE WALKER  |  THURSDAY, 20 JUL 2023
... framework for those financial institutions. It is intended the FAR will become effective for ADIs six months after the legislation received Royal Assent, while insurance and superannuation entities will have 18 months to prepare. The documents released ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... remove red tape and streamline the advice process, is the first of three stages that will include the release of draft legislation at the end of this year. Pillar Two is yet to determine the scope of the information and advice that a fund will offer ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... remove red tape and streamline the advice process, is the first of three stages that will include the release of draft legislation at the end of this year. Currently ironing out the details, Jones pointed to three core areas that underpin Pillar Two. ...

Young people 'locked out' of superannuation: ISA

ANDREW MCKEAN  |  TUESDAY, 11 JUL 2023
... workforce," Dean said. When the superannuation system was established in 1992, under 18s were negotiated into the legislation because it was feared fees and insurance would erode smaller super balances. However, fees for lower account balances are capped ...

FAAA celebrates membership renewals, anticipates more

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
... continuing consultation with the government on implementing the recommendations of the Quality of Advice Review, the legislation of the experienced pathway and many more." Abood also highlighted the FAAA's commitment to "re-growing" the profession with ...

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
... investments, the US took a giant leap forward with the introduction of the Inflation Reduction Act (IRA) last year. This legislation earmarked US $369 billion in government incentives, expressly designed to invigorate investments in renewable energy ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... Anthony Asher, an associate professor at UNSW Business School, said it would be "overkill to apply it [anti-hawking legislation] to a superannuation fund of which one is a member and insulting to trustees". "They have a duty to act in their members best ...

Government cracks the whip on multinationals

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... Multinationals Pay Their Fair Share-Integrity and Transparency) Bill 2023 amends Australia's thin capitalisation rules. The legislation will limit the amount of interest expenses that entities can claim as tax deductions. The measures are forecast to ...