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Showing 1 - 10 of 238 results for "Consultation Paper"

Government consults on discretionary trust tax

MATTHEW WAI  |  THURSDAY, 9 JUL 2026
... may result in the scope of discretionary trusts for minimum tax purposes being broader than intended," the consultation paper stated. "Feedback is sought on appropriate treatment of cases such as modern commercial trusts, where trustees typically retain ...

Start-ups, small businesses win CGT reform carveouts

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... to exempting all types of testamentary trusts from the minimum tax, he said, will involve the release of a consultation paper on the trust legislation. "That's obviously not part of this first tranche before the Senate. Now, it's not unusual ...

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
... and separately managed accounts fall into this category. Treasury is taking submissions in response to its consultation paper Strengthening the superannuation performance test until June 19. APRA estimates a further 7500 products across 37 superannuation ...

Super Consumers Australia raises concerns over Treasury reforms

RIDDHIMA TALWANI  |  THURSDAY, 9 APR 2026
Super Consumers Australia has called for the government to focus on reforms that will actually protect people, warning against ineffective measures and those that will harm victims. It raised concerns over the proposal to remove the 'but for test' from ...

APRA kicks off Retirement Reporting Framework consultation

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... so, as well as the potential upfront and ongoing costs incurred. APRA details its proposals and timelines in consultation paper, Proposed superannuation data collection to implement the Government's Retirement Reporting Framework. APRA seeks submissions ...

ASIC considers changes to net asset requirements

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2026
... to other fund managers) to ensure that the policy intention of the requirement continues to be upheld," the consultation paper said. "However, we are also taking this opportunity to seek feedback on the appropriateness of the NTA settings for other AFS ...

ASIC launches beneficial ownership transparency review

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
... cost implications and the likely effect the reforms will have on competition. ASIC details its intentions in Consultation Paper 387 Enhanced beneficial ownership disclosure - Proposed legislative instrument, form and guidance and is taking submissions ...

Treasury to reform managed investment scheme governance

KARREN VERGARA  |  TUESDAY, 10 FEB 2026
... indirectly through intermediary structures or have indirect exposure through their superannuation fund," the consultation paper read. Treasurer Jim Chalmers copped criticism last December for sitting on MIS reform recommendations from a review that kicked ...

Mulino wants PII to step up to make CSLR sustainable

KARREN VERGARA  |  MONDAY, 15 DEC 2025
... money." The newly released Enhancing the effectiveness of financial service professional indemnity insurance consultation paper highlights five key issues with PII with respect to the CSLR, starting with its lack of responsiveness and reliability due ...

Government cracks down on financial abuse via coerced directorships

RIDDHIMA TALWANI  |  THURSDAY, 27 NOV 2025
... has opened consultation to combat financial abuse in families perpetrated through coerced directorships. The consultation paper by the Treasury noted that financial abusers can exploit loopholes in tax and corporate systems, weaponising company directorships ...
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