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

Search Results

Showing 21 - 30 of 75 results for "Budget submission"

FPA seeks broader scope for CSLR

CHLOE WALKER  |  MONDAY, 10 OCT 2022
In its pre-budget submission, the Financial Planning Association of Australia (FPA) has called on the federal government to broaden its proposed compensation scheme of last resort (CSLR) and to extend the ASIC levy freeze for advisers for another year. ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
... prioritise the removal of the $450 threshold as parliamentary sitting resumes. Releasing details of its pre-Budget submission, ASFA has called for the introduction of a $5000 super baby bonus, payable upon the birth or adoption of a child. The $5000 ...

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
... industry experts calling for a wage subsidy to incentivise advice practices to take hire graduates. In its pre-Budget submission, the Association of Financial Advisers (AFA) recommended the government introduce a $10,000 wage subsidy for employing professional ...

ASFA calls for super fairness

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... the indexation of the transfer balance cap and to cap balances at $5 million to balance the system. In its pre-budget submission, ASFA focused its recommendations on the Retirement Income Review (RIR) and noted that while the superannuation is system ...

Wage subsidy needed for new entrants: AFA

JAMIE WILLIAMSON  |  THURSDAY, 4 FEB 2021
... advice practices to encourage employment of new entrants needing to complete their professional year. In its pre-Budget submission, the AFA has recommended the government incentivise advice practices with a $10,000 wage subsidy for employing professional ...

Pandemic heightened need for SG increase: ASFA

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
In its supplementary pre-budget submission lodged with the government the Association of Superannuation Funds of Australia (ASFA) called for the SG increase to go ahead and an expansion in the coverage of the Fair Entitlements Guarantee (FEG) scheme. ...

Calls for review of advice regulation

HARRISON WORLEY  |  THURSDAY, 6 FEB 2020
... overseeing financial advice, which it believes alienate consumers and small business from the sector. In its pre-budget submission the peak body for certified practicing accountants, CPA Australia has called on the government to implement a raft of ideas ...

SMSFA slams limited licensing

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... calling for the end of limited licensing for professionals dealing with SMSFs. Outlining its 2020/21 Federal Budget submission today, the SMSF Association said limited licensing should be phased out in favour of a customer-centric framework designed ...

The case for tax deductible advice

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2019
... long supported such a move, believing the cost of advice deters Australians from seeking it. In its 2017 pre-Budget submission, the association said the tax deductibility of fees paid to tax agents, BAS agents and lawyers represents a precedent. The ...

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
... to superannuation. "Although we suggested that the Government should remove the work test altogether in our Budget submission, this measure is a step in the right direction," he said. The Governance Institute was pleased with the increased funding for ...