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Showing 1 - 10 of 58 results for "Safe Harbour"

Treasury consults to align company minimum tax

MATTHEW WAI | MONDAY, 4 MAY 2026

Treasury is currently seeking feedback in making several changes in the Taxation (Multinational-Global and Domestic Minimum Tax) Act 2024, as it aims to be consistent with the rules from the Organisation for Economic Co-operation and Development (OECD). ...

Rapid growth of UHNW population prompts management shift: Knight Frank

MATTHEW WAI | THURSDAY, 23 APR 2026

... significant wealth market globally despite growing uncertainty and volatility. "Australia is increasingly viewed as a safe harbour for capital in an unpredictable world, given its economic and sovereign stability, and of course its location," Petrovs ...

Zombie companies on the ASX are dying out

RIDDHIMA TALWANI | FRIDAY, 31 OCT 2025

... prevalence of short stay and same-day admissions," Dickerson said. The rise of private credit and introduction of safe harbour legislation has assisted in solving the issue of zombie companies promptly. "Private credit and safe harbour legislation have ...

QIC completes equity raise, refinancing for energy platform

MATTHEW WAI | WEDNESDAY, 28 MAY 2025

... customer demand for the company's specialised and differentiated capabilities." Israel noted that Australia remains "a safe harbour" for diversification amid global uncertainty. "What this oversubscribed funding round shows is there is strong demand ...

Trump Media to launch ETFs

ANDREW MCKEAN | WEDNESDAY, 26 MAR 2025

... free speech," with the intent to "give people their voices back." The company said its social media platform is a "safe harbour of free expression" amid what it perceives as increasingly harsh censorship. Marszalek said he was "proud to partner with ...

Regal slashes holdings in Opthea over insolvency concerns

KARREN VERGARA | TUESDAY, 25 MAR 2025

... outcome of those discussions or when that outcome may become known." Opthea added that it is currently relying on the "safe harbour" provisions in taking course of action reasonably likely to lead to a better outcome for the company in section 588GA ...

Tranche 2 of DBFO dumps SOAs, enables 'nudges'

JAMIE WILLIAMSON | FRIDAY, 21 MAR 2025

... modernise the best interests duty and create a new class of adviser. Reforming the best interests duty and removing the safe harbour steps will provide advisers with confidence to deliver appropriately scaled advice. "The new class of adviser is also ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON | WEDNESDAY, 4 DEC 2024

... interests duty, allowing advice on single or limited scope issues where it suits the client's needs, and removes the safe harbour steps. Revamped Statements of Advice are also included in the next round, as is clarity on what advice topics can be paid ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA | THURSDAY, 28 NOV 2024

... funds, and life insurers. It includes the proposed rationalisation of the best interests duty and removal of the safe harbour steps. This week is the final sitting week for parliament. Abood said: "We're expecting to see the draft legislation [for ...

Jones preps DBFO Tranche 2 for parliament

KARREN VERGARA | WEDNESDAY, 30 OCT 2024

... anticipated set of changes promise to remove laborious tasks by modernising the best interests duty and removing the safe harbour steps. Statements of Advice (SoAs) will also receive a makeover, while a new class of advisers called "Qualified Advisers" ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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