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Showing 1 - 10 of 1275 results for "Parliament"

Chalmers and Bragg spar over $3m super tax

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
Treasurer Jim Chalmers is maintaining politicians will be captured by the $3 million super tax, labelling commentary to the contrary as lies. Liberal Senator Andrew Bragg has copped heat from Chalmers over his claims that the Division 296 tax changes ...

Patience urged over 'shortsighted' super tax

ELIZA BAVIN  |  FRIDAY, 16 MAY 2025
... Aliprandi said despite concerns, patience is key. "We advise clients to remain patient until the Bill is reintroduced into Parliament. At that time, we will carefully review the legislation for any amendments, with particular attention to the effective ...

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA  |  WEDNESDAY, 14 MAY 2025
Australia's top advice associations are eagerly anticipating meaningful and swift changes to take place under new financial services minister Daniel Mulino, optimistic that critical reforms in the Compensation Scheme of Last Resort (CSLR) and Delivering ...

Chalmers lays down the law on super tax

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
... It's still concessional treatment. It's been part of our budget for a little while now. It's been before the Parliament for a little while now and we haven't changed our approach to it," he said. The super industry has been pushing against ...

Licensees slash compliance spending: Survey

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
... bodies are calling for the swift passage of major legislation such as Payday Super and DBFO within the first 100 days of parliament. The law firm's 2025 Compliance Trends Survey also asked licensees about how they manage conflicts of interest. Two thirds ...

What Labor's second term means for regulators

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
... result of the election," Anderson said in a statement to Financial Standard, adding that "we will need to wait for the parliament to return to re-instate the Senate inquiry." The Senate, however, may not sit again until July or August. "There's a ...

Labor wins: What super, advice industries want

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
... SMC called on the government to move swiftly on the passage of payday super legislation within the first 100 days of Parliament, and the Delivering Better Financial Outcomes (DBFO) reforms. SMC said it would also push for the parliament to lift the Low-Income ...

Super lobbies welcome bipartisan support to fight financial abuse

ELIZA BAVIN  |  MONDAY, 28 APR 2025
... systemic abuse which indirectly contributed to the cause of the victim's death. "A clear resolve from all across the Parliament is crucial to prevent perpetrators from walking away with the super of the person they abused. We encourage all parties and ...

Spender criticises Labor's 'lack of urgency' on advice reforms

ELIZA BAVIN  |  THURSDAY, 17 APR 2025
... issue that we have to address. I acknowledge the need for us to fix this urgently," she said. "In this last term of parliament, I beat a fairly well-worn path to the Assistant Treasurer's door to talk about the issues related to financial advice ...

Div 296 must proceed to strengthen 'fairness' in superannuation: ASFA

MATTHEW WAI  |  THURSDAY, 17 APR 2025
... Federal Election Summit today, labelling the tax on unrealised gains a "very bad policy". "I have worked across the parliament, with the Senate, particularly on the unrealised gains tax to make the case for how much damage it would do," Spender said. ...
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