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

Search Results

Showing 851 - 860 of 2380 results for "Rule"

Government mulls reforms to tax residency rules

JAMIE WILLIAMSON  |  THURSDAY, 12 JUL 2018
... permanently reside here or intend to take up residency is automatically considered a resident for tax purposes. While this rule already exists, the Board of Taxation has suggested that this be the lone rule by which the Government determines a person's ...

Global regulation hub launched for asset managers

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUN 2018
A European law firm is rolling out a new service for asset managers, providing up-to-date legal and regulatory requirements for distributing funds across jurisdictions. Tech-driven, financial services law firm Zeidler Legal Services has launched the ...

ASIC bans former adviser on IPO conduct

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
ASIC has banned a former Victorian financial adviser who deliberately used false information while applying for shares in at least three IPOs that listed between 2015 and 2017. Mark Damion Kawecki has been banned from providing financial services for ...

Cryptocurrencies on radar but not priority: RBA

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
Cryptocurrency usage in Australia is currently not large enough to raise policy concerns for the Reserve Bank of Australia (RBA), an official from the central bank said in Sydney yesterday. The Reserve Bank has closely followed developments in the crypto ...

Chief economist update: Trade war and peace

BENJAMIN ONG  |  MONDAY, 18 JUN 2018
"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring ...

Government opens consultation for amended CCIV regime

ALEX BURKE  |  THURSDAY, 14 JUN 2018
The Federal Government opened consultation to industry stakeholders for the first tranche of the Treasury Laws Amendment (Corporate Collective Investment Vehicle) Bill 2018. In August 2017, the Government called for initial consultation on the CCIV ...

Advisers must tread carefully on PLS

JAMIE WILLIAMSON  |  THURSDAY, 14 JUN 2018
Financial advisers are being warned to exercise caution and double check licensing requirements when advising on the Federal Government's Pension Loan Scheme as a retirement income supplement. As the Pension Loan Scheme is within credit licensing rules ...

Advice and stock broking firm fined $35k

HARRISON WORLEY  |  WEDNESDAY, 13 JUN 2018
An advice and stockbroking firm offering services to institutional and private wealth investors has copped a $35,000 fine to comply with an infringement notice served by the markets disciplinary panel. The markets and disciplinary panel believed Wilsons ...

Industry fund calls for tougher SMSF rules

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
A $1.6 billion industry superannuation fund is calling for new regulations to make it tougher for people with low account balances to set up a self-managed superannuation fund. REI Super, a public offer fund with its roots tied to the real estate industry ...

Best-in-show funds pose pressing issues for advisers

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
... would consider making it mandatory for advisers to consider the best-in-show list, referring to it as the "if not, why not rule." "Having a clear-cut, 10-fund list that forms the core of every adviser's superannuation Approved Product List (APL) would ...