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Showing 81 - 90 of 757 results for "Relief"

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
ASIC is updating the default rate of nominal wage inflation in its relief instrument, which will affect those who provide superannuation forecasts. The default rate of nominal wage inflation will decrease from 4% p.a. to 3.7% p.a. in ASIC (Superannuation ...

More to do in the fight against inflation: Chalmers

ELIZA BAVIN  |  TUESDAY, 3 SEP 2024
The government is rolling out a host of measures to provide cost-of-living relief to Australians. As previously flagged in the Budget, from this month the government will provide more help for renters, pensioners and reduce the cost of medicines for ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... new Commonwealth and State rebates drove the fall in July. "The first instalments of the 2024-25 Commonwealth Energy Bill Relief Fund rebates began in Queensland and Western Australia from July 2024 with other States and Territories to follow from August," ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... facility. ASIC and Bit Trade have been given seven days to hash out an "appropriate form" of declaratory and injunctive relief. ASIC deputy chair Sarah Court said the outcome sends a "salient reminder to the crypto industry" about the importance of compliance ...

Fed's Powell says 'time has come' to cut rates

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... the more reassuring labour market backdrop," she said. "Overall, however, the key takeaway from today should be one of relief. With the Fed alert to labour market risks and ready to start cutting rates, recession risk should start abating."

SEC seeks to shut down $450m Ponzi scheme

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... more. The Securities and Exchange Commission (SEC) obtained a preliminary injunction, asset freeze, and other emergency relief against Atlanta-based Drive Planning LLC and its founder and chief executive Russell Todd Burkhalter after he was found to ...

ASIC intends to extend legislative instruments

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
... framework." Under the proposed extension, ASIC will convert [CO 14/923] to the legislative instrument format, while the relief of ASIC Instruments 2021/716 and 2021/801 will be consolidated into one instrument. [CO 14/923] was introduced to impose specific ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... hike could tempt pushing Australia into a recession. "Australian mortgage holders and businesses should breathe a sigh of relief as the case for a rate rise should now dissipate," Smith said. "The factors driving Australian inflation at the moment cannot ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... sold, for example, $300,000 per person or $600,000 for couples. Boal also recommended providing Age Pension means test relief on money accessed through home equity release schemes, up to the same cumulative limits, and gradually including part of the ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... may include random or risk-based sampling of advice," the memorandum states. The industry breathed a collective sigh of relief as it feared leaving section 99FA as is would result in more work for advisers and super funds. Financial Advice Australia ...