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Showing 921 - 930 of 1832 results for "Bill 2014"

Government limits general advice exemption in FoFA amendments

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
The Future of Financial Advice (FoFA) amendments bill that was introduced into the Parliament yesterday has limited the general advice exemption, but does not explicitly forbid commissions. The Corporations Amendment (Streamlining of FoFA) Bill 2014 ...

FoFA introduced into parliament with some tweaks

ALICE URIBE  |  WEDNESDAY, 19 MAR 2014
As expected the bill to amend the Future of Financial Advice (FoFA) reforms was introduced to parliament today. The Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014 saw an 11th hour amendment to the general advice component ...

Market wrap PM

AAP  |  TUESDAY, 18 MAR 2014
Australian stocks have opened stronger following a rally on global markets overnight. New York's Dow Jones Industrial Average climbed more than one per cent overnight, while markets across Europe were also higher as investor concerns eased over developments ...

You go NZ

BENJAMIN ONG  |  THURSDAY, 13 MAR 2014
Extra! Extra! Read all about it! Extra! Wheeler has just wheeled out of the club this morning. Oh sorry, that's Reserve Bank of New Zealand Governor (RBNZ) Graeme Wheeler to us. And heavens bless his soul, else I would be stuck repeating the oh so many ...

New laws target promoters of early release schemes

JAMES FERNYHOUGH  |  FRIDAY, 7 MAR 2014
The senate has passed a bill allowing promoters of illegal early release schemes to be prosecuted. The bill is targeted at individuals or organisations that charge a fee for aiding clients in illegally accessing their superannuation before the preservation ...

Gina gets richer but falls down list

AAP  |  WEDNESDAY, 5 MAR 2014
Mining magnate Gina Rinehart has tumbled 10 places on a list of the world's wealthiest, despite getting richer. Rinehart's wealth is estimated to have increased in the past year by $786.65 million to $19.89 billion, but she fell from a ranking of 36 ...

Looming pension deeming rules "lack clarity"

ALICE URIBE  |  FRIDAY, 21 FEB 2014
The changes to the deeming rules for account based pensions look likely to be passed by the Parliament this year, with SPAA warning SMSF trustees to be prepared despite the lack of available information. SPAA senior manager, technical and policy Jordan ...

Market Wrap

AAP  |  FRIDAY, 14 FEB 2014
The Australian share market has opened half a per cent higher after Wall Street shrugged off disappointing retail sales figures. US stocks ended higher despite data showing the country's retail sales unexpectedly fell 0.4 per cent in January, the second ...

Blame it on the boogie

BENJAMIN ONG  |  FRIDAY, 14 FEB 2014
It's the weather, stupid! This was how Wall Street interpreted last disappointing data on retail spending and weekly jobless claims. 'Twas a convenient excuse (rationale?), particularly last night when a skyful of snow dropped on the East Coast about ...

US Congress votes to raise debt ceiling

ALEX DUNNIN  |  THURSDAY, 13 FEB 2014
Both houses of the US Congress have passed a bill to increase the US debt ceiling, with no additional debt ceiling increases expected to be needed until 2015. It was passed first in the House of Representatives 221 to 201 after an estimated 30 Republicans ...