Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 1322 results for "Parliament"

Div 296 requires fixing before finalisation: Industry

MATTHEW WAI  |  THURSDAY, 9 APR 2026
... current design could create unnecessary complexity, higher compliance costs and unfair outcomes. The bill passed the Parliament last month, and was followed by a consultation to seek feedback on the taxation regulation for Division 296. Contributing ...

Genetic testing laws pass parliament

ELIZA BAVIN  |  THURSDAY, 2 APR 2026
... ability to discriminate based on adverse predictive genetic test results in life insurance underwriting have passed parliament. Minister for financial services Daniel Mulino said Australians should not feel discouraged from undertaking genetic testing ...

Non-partisan superannuation 'friendship' group formed

ELIZA BAVIN  |  FRIDAY, 27 MAR 2026
The Super Members Council (SMC) attended the launch of Parliamentary Friends of Superannuation at Parliament House. The "friendship" group brings together members of parliament and senators from across the political spectrum in their shared stewardship ...

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 ...

Treasury proposes options to block victim-survivors' super going to perpetrators

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2026
Consultation is now open on reforms to prevent perpetrators of domestic and family violence from receiving the super death benefits of their victims. Under current law, a superannuation trustee may be required to pay a death benefit to a person who ...

Looming Div 296 tax prompts urgent tax, retirement planning

KARREN VERGARA  |  THURSDAY, 19 FEB 2026
... outside of it. Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026, which was tabled in Parliament last week, proposes to apply a 30% tax rate on earnings from superannuation balances between $3 million and $10 million. For ...

Senate questions APRA's role in Shield, First Guardian disaster

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
APRA's role as prudential regulator in the wake of the First Guardian Master Fund and Shield Master Fund collapses came under the spotlight at a recent parliamentary hearing. APRA chair John Lonsdale told the Senate Economics Legislation Committee that ...

Division 296 bill tabled, suggested reforms fall on 'deaf ears'

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
... the income year meaning they could pay Division 296 tax on amounts that no longer exist. "With the Bill now tabled in Parliament, and in the interest of due process through the normal parliamentary process, we encourage the government to release the ...

Government to ask super funds to invest in defence infrastructure

JAMIE WILLIAMSON  |  FRIDAY, 6 FEB 2026
The federal government has endorsed a recommendation that the Department of Defence establish a dedicated division to deal with private investors to drive the delivery of infrastructure projects. The recommendation was made as part of a review of the ...

SMEs prepare for Payday Super cashflow crunch

RIDDHIMA TALWANI  |  FRIDAY, 9 JAN 2026
... the business of cash'," Beeson said. The reforms were announced as part of the federal budget in May 2023 and passed Parliament in November 2025.