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Showing 1 - 10 of 1730 results for "Provisio"

ASIC consolidates compliance rules for platforms

RIDDHIMA TALWANI  |  WEDNESDAY, 8 JUL 2026
ASIC has consolidated legislative instruments for platforms to make it more centralised and easy to find. It said this reflects its commitment to simplify complex ASIC instruments. ASIC also removed and updated requirements, including replacing quarterly ...

Mercer Super fined $10.3m for reportable situations failures

KARREN VERGARA  |  MONDAY, 29 JUN 2026
Mercer Superannuation Australia will pay a $10.3 million penalty after it admitted to breaching the Reportable Situations Regime on several occasions, which the Federal Court found could have had the "potential to have a detrimental effect on members." ...

CGT, negative gearing changes to become a law

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
The government's tax agenda announced in the Budget overhauling the capital gains tax (CGT) discount and negative gearing have now passed the Parliament and will become law. The government recently unveiled CGT discount carveouts targeting small businesses ...

Greens, Labor agree on LRBA ban on SMSFs

MATTHEW WAI  |  WEDNESDAY, 24 JUN 2026
The Australian government is backing the Greens' policy to put a stop on self-managed superannuation funds (SMSFs) from purchasing residential properties with any capital assistance, arguing the sector is currently gating nearly two million properties ...

Acenda in the hot seat over enterprise agreement

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
The Finance Sector Union (FSU) has urged the employees of life insurer Acenda to reject an offered enterprise agreement that would see themselves "paid less, stripped of basic leave entitlements and given watered-down redundancy clauses." The FSU said ...

ASX to pay $23m, admits misrepresentation over CHESS replacement

MATTHEW WAI  |  MONDAY, 15 JUN 2026
ASX has admitted that it misled and exposed market participants to financial risk in an announcement related to the delivery of the CHESS replacement project in early 2022, despite realising the delay would occur as early as 21 December 2021. According ...

Franklin Templeton's Western AM hit with US$100m penalty

KARREN VERGARA  |  TUESDAY, 9 JUN 2026
Franklin Templeton's Western Asset Management has been hit with a whopping US$100 million penalty for failing to detect and prevent its former co-chief investment officer's alleged cherry-picking scheme. The order follows the SEC's 2024 ...

Treasury releases adverse genetic test results ban draft regulation

KARREN VERGARA  |  TUESDAY, 9 JUN 2026
Treasury is seeking feedback on draft regulations that ban the use of adverse genetic test results in life insurance, which come into effect on October 8. The draft regulations under Insurance Contracts Amendment (Genetic Testing Protections in Life ...

ASIC moves to extend managed investment scheme relief measures

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
The Australian Securities and Investments Commission (ASIC) has moved to extend relief measures applying to a range of managed investment schemes, proposing to remake six legislative instruments due to expire later this year. Under the proposal, the ...

Future Fund makes two new appointments

ELIZA BAVIN  |  MONDAY, 18 MAY 2026
Treasurer Jim Chalmers has appointed two new members of the Future Fund Board of Guardians for five-year terms. Fiona Trafford-Walker commenced her term on May 12, and Adam Tindall will also join following the conclusion of Deborah Ralston's term in ...
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