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Showing 81 - 90 of 686 results for "Small business"

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... just an estimate, and the final amount could change. We think this amount remains much too high for a shrinking small business financial advice sector, the vast majority of whom are doing the right thing yet are paying for supervision and enforcement ...

Former director disqualified for breaching obligations

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
Having been involved in three failed companies, ASIC has disqualified a former financial services industry director for five years. Christian Oey was the director of two financial services companies between May 1999 and November 2018, Clickthru and ...

New boutique launches private debt fund

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
... said. "To achieve this, we needed a partner with extensive credit and risk experience, coupled with a passion for small business. Sanja Crnogorac was the perfect fit-highly regarded, proven in her success, and dedicated to upholding transparency and ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... 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 length expenses of superannuation ...

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 ...

Pollaers to chair AFCA for another three years

JAMIE WILLIAMSON  |  THURSDAY, 6 JUN 2024
... received more than 270,000 complaints, with over $775 million being paid in compensation to individual consumers and small business owners. In addition to AFCA, Pollaers serves as chancellor of Swinburne University and is a non-executive director of ...

More businesses fold, unpaid super recovery measure to launch

KARREN VERGARA  |  THURSDAY, 6 JUN 2024
... estimated that there was $2.1 billion in outstanding superannuation owed to employees, the majority of which is owed by small business. As an insolvency practitioner, it is often an outstanding claim in a formal appointment scenario," he said. "This ...

AFCA to expel Dixon Advisory

KARREN VERGARA  |  THURSDAY, 30 MAY 2024
... from the legislation less bad." "Ultimate success lies with Minister Jones to fix the mess of the CSLR that forces small business and individual advisers to have to pay for the actions of a subsidiary of a currently listed corporation."

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... she is disappointed that while financial advisers continue to struggle with significant cost increases, like many small business operators, calls to the government have been disregarded. "Minister Stephen Jones has acknowledged the importance of financial ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... Chalmers said when presenting the Budget to parliament. "New help with energy bills for every household and for small business. Stronger Medicare in every community. More homes in every state and territory. More opportunities in every TAFE and University. ...