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Showing 1 - 10 of 1200 results for "Federal Government"

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
The federal government is launching an initiative to provide transparency and better coordination in how it regulates financial services firms to alleviate their compliance costs and burdens. The Financial Sector Initiatives Regulatory Grid wants to ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... However, in its submission to the Securing Australians' Superannuation consultation, Hostplus is pushing the federal government to impose a "blanket ban" on what it calls Workforce Management Platforms (WMP) operators "advertising, promoting or else ...

New campaign pushes for reproductive leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... Maurice Blackburn Lawyers, which said: "We support the proposed new laws to be adopted by the Queensland and federal government. The current provisions under the Fair Work Act are insufficient as they do not allow women to take personal leave for menstrual ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
The wealth management industry has overwhelmingly welcomed the federal government's commitment to pay superannuation on the Commonwealth Paid Parental Leave scheme. The Albanese government has said, if it wins the next election, it will add superannuation ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
Superannuation funds will have a leg up over life insurers and banks once the federal government implements its proposal to expand financial advice. This is according to industry experts who say that super funds are in good stead to bolster the availability ...

How will Division 296 Tax impact farmers?

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... values have seen members that previously wouldn't have been impacted face risks of this tax in the future." The federal government intends to reduce the concessions available to individuals with superannuation balances that exceed $3 million with its ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... some of the legislative changes that they've experienced flow through to us?" she said. One example is the federal government floating the possibility of making the Retirement Income Covenant applicable to SMSFs. "I don't know that it should ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
The Super Members Council is calling on the federal government to boost the retirement savings of working mothers by $38,000 via two critical policy changes. In the first instance, the SMC calculates that working mums can be $12,500 to $14,500 better ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
... West', without law or regulation of any kind. Nothing could be further from the truth." Longo referenced the federal government's interim report on regulation, which stated that businesses and individuals who develop and use AI are already subject to ...

Treasury unveils Stage 3 tax cuts changes

KARREN VERGARA  |  MONDAY, 29 JAN 2024
The federal government has officially released amendments to Stage 3 income tax cuts, saying that cost-of-living pressures has forced it to do so. Among the changes, Treasury is proposing to reduce the 19% tax rate to 16% and increase the threshold ...
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