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Showing 311 - 320 of 2019 results for "Legislation"

SMSFA calls for budget amendments

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... and we ask the government and treasury to undertake the necessary industry consultation and progress the required legislation as a priority." Maroney outlined the overarching themes of its submission are simplification, review, and the modernisation ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
... should have been implemented by the former government... We want to be finishing up this year saying, 'All of the legislation to implement the Hayne recommendations has been done'. We're on track to do that," Jones said. The consultation ...

Not enough being done to fix super gap: AIST

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2022
... dignified retirement should not suffer." She said the current fiscal challenges Canberra can't be ignored, but that legislation ensuring super is paid on parental leave should be developed and implemented sooner rather than later; "This is one of ...

Females, millennials lead the way in SMSFs: Class

CHLOE WALKER  |  WEDNESDAY, 17 AUG 2022
... seeking out opportunities to grow their businesses." Steele added that recent changes in both superannuation and SMSF legislation have made it easier for people to make additional contributions, whether it's from the proceeds of selling a home or through ...

What the QAR should focus on: MLC Life

CASSANDRA BALDINI  |  TUESDAY, 9 AUG 2022
... Life said. And, finally, greater use of technology should be encouraged to decrease costs and increase efficiency. "Legislation and regulatory practice should support innovation and enable technology to provide solutions to industry challenges. Digital ...

FSC analyses super, advice developments

ANDREW MCKEAN  |  MONDAY, 1 AUG 2022
... legislative definition of super will be to provide an income in retirement. Consequently, the FSC continued that if legislation is worded this way, expect policy settings to take this objective into account. According to the FSC, the final forecasted ...

Government moves to amend military super benefits tax

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
The government is introducing legislation that aims to ensure no veteran pays higher income taxes because of the Federal Court decision in Commissioner of Taxation V Douglas (the Douglas decision). The Douglas decision found that certain veterans' invalidity ...

Consultation on faith-based products opens

JAMIE WILLIAMSON  |  THURSDAY, 21 JUL 2022
... on adjusting how the Your Future, Your Super performance test is applied to faith-based products, releasing draft legislation. Under the legislation, APRA would be allowed to consider the religious affiliation of a super fund in assessing its annual ...

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
... banks. Credit Suisse identified ACCC's competition concerns and said it is a hurdle. It also addressed Suncorp's legislation requiring the head office and chief executive to be based in QLD. In a note, Credit Suisse said: "We do not see either of ...

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... reserve and persist with putting price caps on Russian oil. Biden also announced that'd he'd urge Congress to enact legislation that would reduce the cost of everyday expenses and give the Federal Reserve the room it needs to combat inflation. "The Federal ...