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Showing 301 - 310 of 2046 results for "Legislation"

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... which includes whether schemes should be brought within the scope of the Compensation Scheme of Last Resort (CSLR), legislation for which was once again introduced to Parliament just yesterday. This will come as a blow to the likes of the Financial Planning ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... little as 3.1 cents on the dollar. The Financial Services Council (FSC) welcomed the introduction of the CSLR and FAR legislation into Parliament as a positive step towards the implementation of the Royal Commission into Banking, Superannuation and Financial ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... equitable and sustainable way. The consultation recommends that the proposed objective of super be established in legislation, to provide stability and certainty for regulators, policymakers, and government. This will promote transparency and accountability ...

Government housing measures progress

CASSANDRA BALDINI  |  THURSDAY, 16 FEB 2023
... Future Fund that will deliver 30,000 affordable homes has passed. Minister for Housing, Julie Collins confirmed the legislation to deliver the single biggest investment in affordable and social housing in more than a decade passed the House of Representatives ...

ASIC dodges PGPA investigation questioning

CASSANDRA BALDINI  |  THURSDAY, 16 FEB 2023
... investigated under the Public Governance Performance and Accountability (PGPA) Act. Fronting the Senate Economics Legislation Committee, Longo spoke of the importance of transparency and accountability. "I welcome accountability, it's a very important ...

Australian Retirement Trust, AvSuper sign merger MoU

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2023
... as we have so far." AvSuper had planned to merge with CSC, but that has now fallen through as "required changes" to legislation are unlikely to be delivered in 2023, AvSuper said. As recently as mid-December AvSuper said due diligence on the merger was ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
... a -3.6% loss and the average red state pension fund showing a -6.2% loss. "If this effect is due the recent state legislation on US investments, the long-run costs could become significant," Rainmaker said. "This result does not address political tensions ...

The great super cover up is over: Bragg

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
... fix up the mess that is superannuation annual member meeting notices. "They [the government] need to bring forward legislation or regulation requiring APRA to publish relevant expenditure by all superannuation funds, for political purposes and for profit ...

Government progresses social housing measures

KARREN VERGARA  |  FRIDAY, 10 FEB 2023
The Albanese government's package of social and affordable housing legislation was introduced in parliament overnight. Under the Housing Australia Future Fund Bill 2023, some $10 billion will be used to deliver 30,000 social and affordable homes. ...

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
New legislation to close the gender pay gap has been introduced, requiring employers to publish pay gap data for increased transparency. The Workplace Gender Equality Amendment (Closing the Gender Pay Gap) Bill 2023 requires employers with 100 or more ...