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Showing 11 - 20 of 730 results for "Amendment"

Treasury mulls increased powers for TPB

ELIZA BAVIN  |  TUESDAY, 14 APR 2026
Treasury is seeking feedback on draft legislation that would give the Tax Practitioners Board (TPB) stronger regulatory powers and enable greater sanctions. The draft legislation proposes to introduce criminal penalties for unregistered tax return preparers ...

Foreign resident CGT rules up for consultation

KARREN VERGARA  |  MONDAY, 13 APR 2026
Treasury is tightening the rules around capital gains tax (CGT) to ensure foreign residents pay their fair share of tax in Australia. The draft law broadens and clarifies the definition of Taxable Australian Real Property (TARP) and introduces a definition ...

Div 296 requires fixing before finalisation: Industry

MATTHEW WAI  |  THURSDAY, 9 APR 2026
Industry bodies have raised concerns over the drafted Division 296 regulations, warning the current design could create unnecessary complexity, higher compliance costs and unfair outcomes. The bill passed the Parliament last month, and was followed ...

Digital assets framework bill passes, paves the way for consumer confidence

MATTHEW WAI  |  THURSDAY, 2 APR 2026
... providers will be required to obtain an Australian financial services licence (AFSL) under new legislation. The Corporations Amendment (Digital Assets Framework) Bill 2025, which amends the Corporations Act 2001 and the Australian Securities and Investments ...

Superannuation advertising ban consultation launches

KARREN VERGARA  |  MONDAY, 30 MAR 2026
... easier to see, consider and select their existing superannuation fund when they commence employment." Treasury Laws Amendment (Supporting Choice in Superannuation and Other Measures) Act 2026 proposes that when a MySuper product is advertised, "it must ...

Law blocking abusers from hiding assets in super enters parliament

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2026
The government has tabled the Treasury Laws Amendment (The Survivors Law) Bill 2026 in the House of Representatives today which seeks to prevent convicted child sexual abusers from hiding their assets in superannuation to avoid paying compensation to ...

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... under. "This is so that people with a higher loss have a better opportunity of being made whole. But this would need an amendment to legislation to make the system fairer for all," Kee explains. At present, InterPrac is the only solvent licensee standing ...

Treasury opens Div 296 tax regulation consultation

KARREN VERGARA  |  WEDNESDAY, 18 MAR 2026
... Division 296 superannuation tax and is seeking industry feedback. In its next step since the passage of the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026 on March 10, Treasury is nutting out how the tax will be calculated ...

Division 296 legislation passes, LISTO to increase

MATTHEW WAI  |  WEDNESDAY, 11 MAR 2026
... changes to the Low-Income Superannuation Tax Offset. Treasurer Jim Chalmers announced the passage of the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026 on Tuesday evening with no amendments. In addition to Division 296 ...

ASIC launches beneficial ownership transparency review

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
ASIC is seeking feedback on how it can strengthen transparency around who ultimately owns and controls listed entities, proposing several amendments it hopes will better corporate transparency, market efficiency and oversight. ASIC said its set of proposals ...