Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 730 results for "Amendment"

$3m super tax will level playing field: Australia Institute

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
Laws that will double the tax on earnings of superannuation balances over $3 million, which were shelved in late 2024, will make the system fairer particularly as many are doing it tough, The Australia Institute says. The Australia Institute chief economist ...

M&A and IPO the 'gamechangers' for 2025: Expert

MATTHEW WAI  |  FRIDAY, 20 DEC 2024
... is effective on or around December 27. McLean pointed to US deregulation and the recent passing of the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 in Australia which will play an important role in revitalising the space across ...

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
An independent review by Deloitte has found little evidence to suggest Cbus' pricey relationship with the CFMEU is in the best financial interests of members. It also found the fund's processes for determining the propriety of board directors ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... ignores more fair and equitable ways of achieving the same outcome," Ali said. "Taxing unrealised gains in the legislative amendment was proposed because industry funds have antiquated software and accounting systems that are incapable of determining ...

ASIC issues new guidance on DBFO reforms

KARREN VERGARA  |  FRIDAY, 22 NOV 2024
... "We will consult with industry before issuing further guidance," ASIC said. The first tranche under the Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Act 2024 received Royal Assent on July 9.

Treasury consults on new crypto tax laws

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
Treasury has opened a new consultation paper on the Crypto Asset Reporting Framework (CARF) to explore whether it should be added into Australian tax law, or if government should customise a policy response. The Organisation for Economic Co-operation ...

Treasury consults on beneficial ownership disclosure reforms

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
The government is again consulting on its plans to increase disclosure requirements in relation to ownership of listed entities. Treasury has commenced a second consultation relating to its plans to implement a public beneficial ownership register ...

Liberal MP calls for SoA replacement

KARREN VERGARA  |  TUESDAY, 5 NOV 2024
... proposed changes in a bill to parliament. Federal member for Forde, Bert van Manen, yesterday introduced the Corporations Amendment (Streamlining Advice Process) Bill 2024 in a bid to reduce red tape for advisers, alleviate the hefty cost of producing ...

CSLR warns adviser levy will balloon

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... Outcomes (DBFO) Bill, where the service of dealing was unintentionally not captured by this reform. The ASIC Corporations (Amendment) Instrument 2024/809 amends the ASIC Corporations (Financial Services Guides) Instrument 2015/541 to address an unintended ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... afternoon with a majority vote count of 52:9, however attempts to see the tax indexed were shot down. The Treasury Laws Amendment (Better Targeted Superannuation Concessions and Other Measures) Bill 2023 was passed in the House of Representatives without ...