Search ResultsShowing 21 - 30 of 100+ results for "Federal Government"
AustralianSuper hikes insurance fees
KARREN VERGARA  |  TUESDAY, 2 APR 2019
AustralianSuper is increasing the cost of insurance, blaming the Federal Government's recent Protecting Your Super legislation for the changes. On 1 June 2019, the cost of TPD and income protection cover will rise for AustralianSuper members with ...
Board of Taxation reviews granny flat taxes
ELIZABETH MCARTHUR  |  MONDAY, 1 APR 2019
... aid lawyers and advocates who represent those suffering from elder abuse. The consultation comes after the federal government requested that the Board of Taxation conduct a review late last year. At the time, assistant treasurer Stuart Robert said: "The ...
Frydenberg takes action on banning grandfathered commissions
HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
Consultation is now open for the Federal Government's response to Commissioner Kenneth Hayne's recommendation that grandfathered conflicted remuneration should be eliminated. The new regulation proposes financial product manufacturers to pass on to ...
Regulators receive pre-Budget funding boost
HARRISON WORLEY  |  MONDAY, 25 MAR 2019
The Federal Government is committing an extra half a billion dollars to Australia's financial services regulators. Over the weekend, Treasurer Josh Frydenberg announced an extra $550 million would be dedicated to ASIC and APRA in the upcoming Federal ...
ABA moves to protect vulnerable customers
ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
... illness, relationship breakdown or even cognitive impairment as we age." The ABA's new guidelines come as the Federal Government moves to crack down on elder abuse with a new national elder abuse hotline and an $18 million investment into services to ...
Codes of conduct to be made enforceable
ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
The Federal Government has responded to the recommendation from the Royal Commission that financial service industry codes of conduct should be enforceable by ASIC. The Treasury released a consultation paper addressing this point from Hayne's report ...
NAB agrees to RC wealth recommendations
HARRISON WORLEY  |  FRIDAY, 15 MAR 2019
... update its definition from aggregate borrowings of less than $3 million to less than $5 million. Following the Federal Government's decision to allow mortgage brokers to continue collecting trailing commissions earlier this week, NAB said it will work ...
Government launches TPB review
HARRISON WORLEY  |  WEDNESDAY, 6 MAR 2019
The Federal Government launched a review into the effectiveness of the Tax Practitioners Board. In a media release on Tuesday Assistant Treasurer Stuart Robert said the review would examine the TPB's effectiveness in ensuring tax agent services are ...
Government consults on super legislation
HARRISON WORLEY  |  TUESDAY, 5 MAR 2019
A suite of amendments to Australia's superannuation legislation have been opened for consultation. The Federal Government has released draft legislation amending various pension related aspects of super legislation for consultation. On Monday, Assistant ...
Consultation opens for claim handling changes
HARRISON WORLEY  |  MONDAY, 4 MAR 2019
The Federal Government has opened consultation on a proposal to remove the exclusion of insurance claims handling from the definition of financial service. Industry stakeholders were worried about the unintended consequences of removing the exclusion ...
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