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Showing 1 - 10 of 27 results for "Royal Assent"

Treasury rolls out negative gearing, CGT Tranche 2 consultation

KARREN VERGARA  |  WEDNESDAY, 5 AUG 2026
... investors have made, and support investment in new housing supply," he said. Three core pieces of legislation received Royal Assent on June 26 under the Treasury Laws Amendment (Tax Reform No.1) Act 2026 and Income Tax Rates Amendment (Tax Reform No. ...

Generation Life reports cyber attack

KARREN VERGARA  |  TUESDAY, 28 APR 2026
... for Evidentia reached $34.8 billion, up 30% year on year. "During the quarter, Division 296 legislation received Royal Assent and became law, representing a structural shift in the taxation of superannuation balances above $3 million," GDG chief executive ...

ASIC issues roadmap for digital assets law reform

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
... Corporations Amendment (Digital Assets Framework) Act 2026 (DAF Act) passed Parliament on 1 April 2026, received Royal Assent on 8 April 2026, and will commence on 9 April 2027. The DAF Act provides for an 18-month implementation timeline. Under the ...

Tax rules clarified for managed investment trusts

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... announced in the 2023-24 Budget, will now commence on the first January 1, April 1, July 1, or October 1, following Royal Assent. Similarly, the start date for strengthening the foreign resident capital gains tax regime, outlined in the 2024-25 Budget ...

ASIC issues new guidance on DBFO reforms

KARREN VERGARA  |  FRIDAY, 22 NOV 2024
... tranche under the Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Act 2024 received Royal Assent on July 9.

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
... abilities. The Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024, which received Royal Assent earlier this week, aims to strengthen the existing regulatory regime, giving the regulators the authority to monitor, manage ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... risk-based approaches to assessing advice fee deductions remain appropriate." The bill is expected to receive the Royal Assent between seven and 10 business days.

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... consideration "must begin and end, however, with the statutory text." The new law will take effect on the day after Royal Assent. This means that if a superannuation-related complaint had purportedly been made to AFCA prior to commencement of the new ...

ASIC issues experienced pathway guidance

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... declarations since 21 September 2023, which is the day after Treasury Laws Amendment (2023 Measures No. 3) Act 2023 received Royal Assent. To access the pathway, advisers must make a written self-declaration to their licensee to confirm they meet the ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... non-arm's length expenses (NALE) and non-arm's length income (NALI) of small APRA funds and SMSFs that is awaiting Royal Assent - have received plenty of airplay. NALE in particular, Heffron said, is raising concerns in the SMSF sector as there ...
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