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Showing 4551 - 4560 of 6884 results for "Act2"

PJC to hold TASA hearing tomorrow

LAURA MILLAN  |  TUESDAY, 11 JUN 2013
... Committee (PJC) on Corporations and Financial Services will hold its first hearing on the amendment of the Tax Agent Services Act (TASA) tomorrow. The inquiry will be held in Sydney and is scheduled to start at 2.15 pm. The PJC has also asked for submissions ...

Employed advisers could face $200k liability under FoFA

JAMES FERNYHOUGH  |  TUESDAY, 11 JUN 2013
Employed financial advisers will be personally liable for serious breaches of the Best Interests Duty if they are authorised representatives (ARs), according to Charmian Holmes, solicitor director at The Fold Legal (the Fold). Once the Future of Financial ...

ASIC continues proceedings against Wellington Capital

LAURA MILLAN  |  TUESDAY, 11 JUN 2013
The Australian Securities and Investments Commission (ASIC) has taken a new step on its legal proceeding against Wellington Capital, the responsible entity of the Premium Income Fund (PIF) in the Federal Court of Australia. The Court considered that ...

NZ Super takes stand on nuclear weapons

MARK SMITH  |  TUESDAY, 11 JUN 2013
The New Zealand Superannuation Fund (New Zealand Super) has sold its holdings in a group of nuclear base operators because they have become involved with upgrading or modifying nuclear explosive devices. Publicly listed companies Babcock & Wilcox, Fluor ...

ASIC bans former CEO for 'misleading activities'

JAMES FERNYHOUGH  |  FRIDAY, 7 JUN 2013
Murray John Priestley, former chief executive of Lifestyle Group, has been banned from providing financial services for three years. The Australian Securities and Investments Commission (ASIC) found that Priestley had misled a client, when he guaranteed ...

Government extends TASA exemption

LAURA MILLAN  |  THURSDAY, 6 JUN 2013
... government's Assistant Treasurer David Bradbury has extended the exemption for financial advisers of the Tax Agent Services Act (TASA) bill and has referred the bill to the Parliamentary Joint Committee for an inquiry. After pressure from industry bodies ...

Auscoal, AMIST and CGS get MySuper authorisations

ALEX DUNNIN  |  THURSDAY, 6 JUN 2013
Three more MySuper product authorisations have been announced this week by the Australian Prudential Regulation Authority (APRA) taking the total number to 38, but it's still way down on expectations. The new authorisations are AUSCOAL, Australian Meat ...

TASA necessary for customer protection: accountants

LAURA MILLAN  |  WEDNESDAY, 5 JUN 2013
The Institute of Public Accountants (IPA) is supporting the Tax Agent Services Act (TASA) scheduled to be voted on today in the House of Representatives. The IPA said that the measure will give Australians the necessary consumer protection when it comes ...

Market Wrap AM

AAP  |  WEDNESDAY, 5 JUN 2013
The Australian market looks set to open lower after a mixed performance on international markets overnight. At 0810 AEST on Wednesday, the June share price index futures contract was down 19 points at 4,879. In economic news on Wednesday, the Australian ...

Market Wrap PM

AAP  |  TUESDAY, 4 JUN 2013
Australian stocks have opened flat, with market players sitting on the sidelines ahead of an interest rate decision from the central bank. Market players looked past a positive lead from Wall Street, where US stocks rallied strongly and commodities ...