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Showing 81 - 90 of 730 results for "Amendment"

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... Australian Financial Complaints Authority's (AFCA) remit over super passed Parliament on June 25. Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2023, which contains the new laws governing non-arm's ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... Economics Legislation Committee, led by chair senator Jess Walsh, tabled its final report today. The bill, Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Bill 2024, was introduced in the House of Representatives and ...

AFCA seeks industry feedback on approaches

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
The Australian Financial Complaints Authority (AFCA) is seeking feedback from the financial services industry on its proposed annual Approach document schedule for financial year 2024-2025. AFCA Approach documents support consumers, small businesses ...

Advice reforms draft laws consultation opens

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... the first tranche of the Delivering Better Financial Outcomes reform package is now up for consultation. Treasury Laws Amendment (Delivering Better Financial Outcomes) Regulations 2024 has five sections that aim to make access to financial advice more ...

GST rebate changes worsens cost of advice: SMSFA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... treatment of adviser fees is retained," Scotchbrook said. "This could be achieved by a relatively simple legislative amendment to preserve the approach adopted by industry and supported by multiple private binding rulings." The association is also calling ...

ASIC issues experienced pathway guidance

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... they authorise. Licensees were able to make declarations since 21 September 2023, which is the day after Treasury Laws Amendment (2023 Measures No. 3) Act 2023 received Royal Assent. To access the pathway, advisers must make a written self-declaration ...

Budget 2024: Stage 3 tax cuts to take effect July 1

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
The Stage 3 tax cuts will go ahead as planned after the Albanese government made some amendments due to the cost-of-living crisis. Coming into effect July 1, every taxpayer will benefit from a tax cut. However, those earning over $180,000 will see their ...

Budget 2024: Change to foreign investment rules

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
Treasurer Jim Chalmers said the government is focused on changing the way the nation attracts and deploys investment. "We will create a front door for investors to accelerate and coordinate transformational projects, establish a domestic National Interest ...

Almost one third fail adviser exam

KARREN VERGARA  |  TUESDAY, 30 APR 2024
... is the first exam to reflect the amendments in the Corporations (Relevant Providers-Education and Training Standards) Amendment (2024) Measures No. 1) Determination 2024." Assistant treasurer Stephen Jones said the new laws allow flexibility by which ...

Vanguard backs current performance test

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
championing its effectiveness in eliminating underperforming investment options and improving member outcomes. "At present, it is the only option presented that is objective, efficient, and timely to administer for both APRA and super funds and has ...