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Showing 51 - 60 of 757 results for "Relief"

RBA delivers 'confounding' rates decision

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
... surprised by the outcome. And I think it's fair to say as well that there were millions of people who were hoping for more rate relief yesterday and didn't get it. I think all of those things are self-evident," Chalmers said. "What we've done as a government ...

ASIC releases new relief for reportable situations regime

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... situations regime, which includes extending the length of investigations reportable from 30 days to 60 days. Also in the relief, ASIC is exempting the reporting of certain breaches in the misleading and deceptive conduct provisions, and certain contraventions ...

Union redundancy funds in ASIC's sights

ELIZA BAVIN  |  WEDNESDAY, 25 JUN 2025
... to regulate the multi-billion-dollar funds, which it said were growing significantly. Fund operators have been granted relief from the licensing, managed investment and associated provisions of the Corporations Act since the year 2000, but this is set ...

MP says Coalition will 'fight to the death' over $3m super tax

MATTHEW WAI  |  WEDNESDAY, 4 JUN 2025
... fully committed to the super tax, labelling it as "concessional" while bolstering things like Medicare, cost-of-living relief and easing housing problems. Last month, Liberal Senator Andrew Bragg condemned the bill, claiming that it won't impact politicians ...

Greenwashing remains an enforcement priority: ASIC

MICHELLE BALTAZAR  |  THURSDAY, 29 MAY 2025
... risk," she said. ASIC's three-pronged approach is to provide regulatory guidance, the discretion to provide regulatory relief, where necessary; and to support 'capacity building' in the sector. Under the current guidance, companies or reporting ...

QSuper settles $67m class action

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... Lawyers joint head of class actions Craig Allsopp welcomed the settlement. Allsopp said the settlement brings "long-awaited relief" to affected fund members, most of whom, he noted, were Queensland government employees and their spouses. He said many ...

J.P. MAM slashes recession probability to 30%

KARREN VERGARA  |  TUESDAY, 20 MAY 2025
J.P. Morgan Asset Management has slashed the probability of a recession eventuating in 2025 in half to 30% amid relief from the latest tariff announcements, but it warns risks remain elevated. Last week, US President Donald Trump substantially lowered ...

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... circumstances in which it may permanently remove a debt, defer or discontinue recovery action, or provide other types of relief for tax liabilities incurred because of financial abuse. In a bid to hold perpetrators to account, the ATO will also review ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... Chalmers announced a raft of spending measures as it prepared to announce the federal election. These include cost-of-living relief, cutting student debt, tax cuts and more investment into infrastructure and healthcare. In his speech to parliament Chalmers ...

Payday super on track, but so is the $3m super tax

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... Association of Superannuation Funds of Australia chief executive Mary Delahunty praised the Budget for providing cost-of-living relief which she said would help workers and retirees. "Tonight's Budget will help ensure retirement savers get the superannuation ...