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Showing 1 - 10 of 2044 results for "Legislation"

FAAA flags gaps in discretionary trusts tax reforms, deficient framework

KARREN VERGARA  |  TUESDAY, 22 SEP 2026
... and largely irreversible decisions" before the rules and guidance have been finalised. Treasury released the draft legislation on the 30% minimum tax on discretionary trusts in early September, consulting on how the minimum tax will work, what types ...

Mulino opens CSLR special levy consultation

ELIZA BAVIN  |  TUESDAY, 22 SEP 2026
... that the estimated claim costs for 2026-27 were $190.3 million. As the costs exceed the annual levy cap, the CSLR legislation provides for the imposition of a special levy to fund the excess costs so that the scheme can continue paying compensation to ...

Antipodes Partners acquires Bennelong FM

RIDDHIMA TALWANI  |  WEDNESDAY, 16 SEP 2026
... $3.5 billion in funds under management. Burke attributed the decision to pressure from the Your Future, Your Super legislation, institutions' efforts to in-house investments and a weak asset raising environment. Affiliate Canopy Investors also recently ...

Regulatory reform omnibus bill passage trims CSLR levy disallowance period, payouts

KARREN VERGARA  |  TUESDAY, 15 SEP 2026
... eligible victims more quickly. The package of reforms was passed by both houses on September 14. One section of the legislation reduces the disallowance period of the CSLR special levy instruments while retaining parliamentary oversight. Currently, ASIC ...

Treasury floats innovative businesses CGT concession draft laws

KARREN VERGARA  |  MONDAY, 14 SEP 2026
Treasury has released draft legislation on a capital gains tax (CGT) concession for start-ups and small businesses, embedding several amendments that have been lauded as a "substantial win" by an industry body. From 1 July 2027, the bill introduces ...

New law tightens foreign resident CGT rules on Australian property assets

KARREN VERGARA  |  FRIDAY, 11 SEP 2026
... delivering more, cleaner energy and more certainty for investors," Chalmers said. "The successful passage of this legislation is part of this government's ambitious reform agenda to deliver a fairer, more sustainable tax system, boost productivity and ...

Government backs Enhanced Regulatory Sandbox overhaul

VINNY VUCAGO  |  WEDNESDAY, 9 SEP 2026
... Federal Government has backed an overhaul of Australia's regulatory sandbox framework, agreeing to repeal the legislation underpinning the Enhanced Regulatory Sandbox (ERS) and replace it with a more flexible model designed to support financial innovation. ...

Treasury launches minimum tax on discretionary trusts draft legislation

KARREN VERGARA  |  FRIDAY, 4 SEP 2026
Treasury has released draft legislation on the minimum tax it is set to impose on discretionary trusts from 1 July 2028. A 30% minimum tax on certain discretionary trusts will apply and be payable by the trustee. Treasury is seeking feedback on several ...

ASFA welcomes Rest executive to C-suite role

MATTHEW WAI  |  WEDNESDAY, 2 SEP 2026
... turning system change into practical reality for funds. "System change doesn't finish when the headlines about new super legislation are published. That's when the most complex and costly work begins, working out how new regulations and guidance translate ...

Industry reacts to Mulino's sweeping reforms

RIDDHIMA TALWANI  |  THURSDAY, 20 AUG 2026
... said. "We welcome minister Mulino's proposals to protect people's retirement savings and look forward to the legislation coming to Parliament." Australian Retirement Trust chief executive Kathy Vincent added the reforms making advice more accessible ...
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