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Showing 11 - 20 of 103 results for "Treasury Laws Amendment"

Super tax break changes open for consultation

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... less than $3 million will be taxed at 15%. The proposed changes housed under two draft legislations - Treasury Laws Amendment (Better Targeted Superannuation Concessions) Bill 2023 and Superannuation (Better Targeted Superannuation Concessions) Imposition ...

Adviser registration deadline extended again

KARREN VERGARA  |  WEDNESDAY, 20 SEP 2023
... obligations and how they should register their relevant providers. Given that the requirements are embedded in Treasury Laws Amendment (2023 Measures No. 1) Bill, which is still before parliament, ASIC flagged this as another reason for the extension. ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... from undertaking further qualifications has passed both houses of parliament. The Labor government passed Treasury Laws Amendment (2023 Measures No. 3) Bill 2023 on September 6 in a bid to stem the exodus of experienced advisers. The new law recognises ...

Treasury consults again on FFSP exemptions

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
... new licensing exemptions to foreign financial services providers. Treasury has opened consultation on Treasury Laws Amendment (Measures for Future Bills) Bill 2023: Licensing Exemptions for Foreign Financial Services Providers, amending the Corporations ...

Government cracks the whip on multinationals

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... operating within Australia, making it more difficult for them to avoid paying their "fair share" of taxes. The Treasury Laws Amendment (Making Multinationals Pay Their Fair Share-Integrity and Transparency) Bill 2023 amends Australia's thin capitalisation ...

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... consumer advocates calling it a "historic moment" for Australians. Passing the senate on June 22, the Treasury Laws Amendment (Financial Services Compensation Scheme of Last Resort) Bill 2023, provides victims of financial misconduct access to redress ...

Consultation opens on NALI reforms

ANDREW MCKEAN  |  TUESDAY, 20 JUN 2023
... are set to affect self-managed superannuation funds (SMSFs) and small APRA-regulated funds (SAF). The Treasury Laws Amendment (Measures for Consultation) Bill 2023 seeks to refine the NALI provisions announced in the 2023-24 Budget. The bill contains ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... that would impact franked dividends funded by capital raisings. In February, the government tabled the Treasury Laws Amendment (2023 Measures No.1) Bill 2023 which among other things sought to standardise the tax treatment of on-market and off-market ...

Adviser registration extended to October

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... for several reasons. This will allow time for parliament to consider the improvements proposed by the Treasury Laws Amendment (2023 Measures No. 1) Bill 2023, which is currently before the senate. ASIC said it also wants to provide further guidance to ...

Treasury consults on giving AFCA more super powers

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2023
... superannuation may be made to AFCA even if it does not meet the definition of a superannuation complaint. Treasury Laws Amendment (Measures for Consultation) Bill 2023: AFCA jurisdiction to hear superannuation matters (the draft bill) is open for consultation ...