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Showing 11 - 20 of 2322 results for %22Federal Government%22

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
The federal government is launching an initiative to provide transparency and better coordination in how it regulates financial services firms to alleviate their compliance costs and burdens. The Financial Sector Initiatives Regulatory Grid wants to ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... However, in its submission to the Securing Australians' Superannuation consultation, Hostplus is pushing the federal government to impose a "blanket ban" on what it calls Workforce Management Platforms (WMP) operators "advertising, promoting or else ...

New campaign pushes for reproductive leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... Maurice Blackburn Lawyers, which said: "We support the proposed new laws to be adopted by the Queensland and federal government. The current provisions under the Fair Work Act are insufficient as they do not allow women to take personal leave for menstrual ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
The wealth management industry has overwhelmingly welcomed the federal government's commitment to pay superannuation on the Commonwealth Paid Parental Leave scheme. The Albanese government has said, if it wins the next election, it will add superannuation ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... by the government alongside parental leave payments, effective 1 July 2025. That is, if Labor is successful at the next federal election, expected to take place in May next year. The measure is expected to benefit 180,000 families annually. While available ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
The federal court will soon determine if it will approve the $16 million to settle the class action against E&P Financial Group as some victims of Dixon Advisory and Superannuation Services (DASS) are running out of time to make a claim. On 3 April ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
Superannuation funds will have a leg up over life insurers and banks once the federal government implements its proposal to expand financial advice. This is according to industry experts who say that super funds are in good stead to bolster the availability ...

How will Division 296 Tax impact farmers?

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... values have seen members that previously wouldn't have been impacted face risks of this tax in the future." The federal government intends to reduce the concessions available to individuals with superannuation balances that exceed $3 million with its ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... some of the legislative changes that they've experienced flow through to us?" she said. One example is the federal government floating the possibility of making the Retirement Income Covenant applicable to SMSFs. "I don't know that it should ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
The Super Members Council is calling on the federal government to boost the retirement savings of working mothers by $38,000 via two critical policy changes. In the first instance, the SMC calculates that working mums can be $12,500 to $14,500 better ...