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Showing 81 - 90 of 1748 results for "Proposal"

High super balance tax needs work: Podcast

CASSANDRA BALDINI  |  THURSDAY, 11 MAY 2023
... super balances over $3 million has many pain points. Speaking with Financial Standard, Hutton said he is not a fan of the proposal, saying it "has a few whiskers on it." "I don't see it as being that beneficial other than to raise a bit of extra ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... assist," she said. Another area that looks to boost revenue is the 15% minimum tax for large multinational companies, a proposal some warn could deter foreign investors. RSM Australia international tax and transfer pricing lead partner Liam Delahunty ...

FAAA suggests adviser pathway tweaks

CHLOE WALKER  |  FRIDAY, 5 MAY 2023
The Financial Advice Association Australia (FAAA) has supported the government's experienced adviser pathway proposal, though suggests the measure be better targeted. The proposal, opened to consultation last month, seeks to clarify the educational ...

ASX expands partnership program criteria

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
The Australian Securities Exchange is seeking stakeholder feedback for its CHESS Replacement Partnership Program as it updates the eligibility criteria for potential participants. The CHESS Replacement $70 million Partnership Program canvasses industry ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
Assistant treasurer and minister for financial services Stephen Jones said that without a sustainable finance taxonomy, regulators will only be able to catch the "most egregious" examples of greenwashing in Australia. Speaking at the Australian Council ...

Adopt QAR recommendations now: Levy

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
Quality of Advice Review chair Michelle Levy says the government is stalling the implementation of the recommendations set out in her final report. The 267-page report, initially released to government in December, included 13 primary recommendations ...

Ad hoc changes to super scare self-funded retirees: ASA

CHLOE WALKER  |  MONDAY, 24 APR 2023
... immediate capture of any fund with a total balance over $3 million; no indexation; and the lack of transition period. "The proposal and the way of introducing it appears to be assigned to drive funds out of the superannuation regime, without the backlash ...

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... wage increases. Abood is also concerned about another layer of complexity that will come with the proposed changes. "The proposal will introduce a new separate set of laws to the system with a new complex formula for calculating an individual's earnings ...

Industry welcomes experience pathway consultation

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
... indefinitely without relevant qualifications. "We have had a lot of engagement from members on the experience pathway proposal. We will be consulting with members intensively again on these detailed proposals in the coming weeks, to finalise our submission," ...

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
... Michelle [Levy] made is there are other things that will help clear the way for digital advice adoption," he said. "Her proposal to amend the SIS Act, in particular, is a recommendation that makes it clear that super funds can spend money on providing ...