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| | | Were it not for the Australian suspense thrilla currently showing at theatres near us, it would have been another 'ho-hum' moment in terms of headlines and financial market performance. No Virginia, I refused to be drawn into the whys and the wherefores ... |
| | | | The exponential growth in superannuation has been named the first challenge to growing the resilience of the Australian regulatory perimeter by Greg Medcraft, chairman of ASIC. Speaking at the ASIC Summer School in Sydney this morning, Medcraft said ... |
| | | | The Office of Best Practice Regulation has said time pressures prevented an adequate regulatory impact statement being prepared on six elements of the FOFA legislation. Speaking before a Senate Estimates committee, Jason McNamara, executive director ... |
| | | | Assistant Treasurer Bill Shorten has confirmed FOFA legislation won't be debated by MPs until after the Parliamentary Joint Committee has delivered its report and recommendations on the bill. Opposition spokesman on Financial Services Mathias Cormann ... |
| | | | A new government roundtable will see industry groups argue tax concessions are the only way Australians will fully fund their own retirement. Treasurer Wayne Swan and Minister for Financial Services and Superannuation Bill Shorten announced the Superannuation ... |
| | | | ANZ Wealth has warned that Christmas is the "absolute drop dead date" for clarity on FOFA reforms before implementation costs double. Paul Barrett, ANZ general manager advice and distribution, told reporters in Sydney yesterday that time is ticking ... |
| | | | Leading superannuation bodies have welcomed the passage of the mining tax package through the lower House, which paves the way for the Superannuation Guarantee hike from 9 to 12 %. The 30 % tax on coal and iron ore profits, which successfully made it ... |
| | | | With only one more round of sitting days currently scheduled for both chambers of parliament, it seems increasingly unlikely that the proposed FOFA legislation will pass through both houses before Christmas. Added to this is the fact that the government ... |
| | | | "Hush, little baby, don't say a word. Papa's gonna buy you a mockingbird And if that mockingbird won't sing, Papa's gonna buy you a diamond ring..." What's currently happening in Europe reminded me of this lullaby. If you believe the headlines, Slovakia's ... |
| | | | It is critical that appropriate financing mechanisms are put in place if super funds are to contribute as much to social projects as the government would like, according to Christian Super. Chief Executive Officer Peter Murphy said it was of upmost ... |
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