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Showing 51 - 60 of 759 results for "Senate"

Former Women in Super chief joins AIST

ANNABELLE DICKSON  |  FRIDAY, 29 OCT 2021
... continue to enhance our members' skills and strengthen the integrity of the sector." The AIST recently came out against a Senate Committee which recommended sovereign wealth fund should be exempt from disclosing asset prices so as not to undermine its ...

Future Fund becoming more expensive to operate

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... sensitive information. Super funds on the other hand should be forced to disclose exact values of directly held assets, a Senate Committee report recommended. Figure 1: Workplace not-for-profit and retail super fund fees vs. Future Fund fees

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
The landmark Better Advice Bill, which introduces a new disciplinary body, passed the senate overnight. Under the Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 (Better Advice Bill), from 1 January 2022, the Financial ...

Crypto regulation proposed: Bragg

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
A Senate committee is proposing a regulatory framework for digital assets and crypto-asset businesses to protect consumers, promote investment in Australia and deliver competition, but the industry has concerns. The Select Committee on Australia as ...

Industry slams Future Fund disclosure exemption

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information. The Senate Committee report released this week on disclosure obligations for the sovereign wealth fund recommends it be exempt ...

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
... changes to Australia's continuous disclosure rules and will consult on the remaining recommendations. Last year, when the Senate Parliamentary Joint Committee, Corporations and Financial Services began looking into the regulation of the industry ...

Tax incentive could boost affordable housing: ISA

ELIZABETH MCARTHUR  |  MONDAY, 27 SEP 2021
... the resulting additional demand for housing will not be matched by an increase in supply. The Retirement Income Review, a Senate Inquiry and Grattan have all rejected 'super for a house'." Not only would allowing early access to super to buy a home hurt ...

Hume puts finfluencer followers on notice

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
... advisers will only grow stronger. "From 1 January 2022, assuming that the safe passage of the Better Advice Bill through the Senate, consumers will be able to trust that financial advisers' obligations will be monitored and enforced, with the creation ...

ATO will not pursue erroneous JobKeeper payments

KARREN VERGARA  |  MONDAY, 13 SEP 2021
... introduced by the federal government for businesses that struggled financially at the onset of the coronavirus pandemic. The Senate Economics Legislation Committee's Inquiry into the Coronavirus Economic Response Package Amendment (Ending JobKeeper ...

CSLR unfairly locks out some victims: Maurice Blackburn

ELIZABETH MCARTHUR  |  MONDAY, 16 AUG 2021
... should be expressed in terms directly related to the compensation cap available to consumers through AFCA," it said. The Senate Legal and Constitutional Affairs References Committee had already recommended that the compensation cap through AFCA be lifted ...