If an adult signs a form stipulating a payment to occur, that should be the end of the matter - no need for the governme...
Commissioner Hayne recommended Consent Forms to stop Bank Executives [not Advisers] illegally taking fees out of consume...
If a member is in pension phase they should have full access to their funds. Ergo, if they sign a withdrawal form every ...
AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....
A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...
The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....
So another impost on small businesses! How does the owner of the business make a profit if he/she needs to be a form of social security for their employees? Oh that's right, save the government looking after taxpayers.
This looks like just another way to get blood out of a stone. If they really want to help with the trendy "cost of living" crisis" how about it stops taxing the same item multiple times? For example, petrol has Fuel Excise Tax and GST in the price per litre, which motorists pay for from after-tax income (ie wages in most cases)! The same multi-tiered tax grab applies to things such as alcohol and tobacco. I'm sure there are plenty of other examples but I think people will get the idea. Too bad the government doesn't.
I look after many small business clients and can see them downsizing their workforce ot just shutting up shop. Can't say I blame them as the government doesn't seem to realise or care that if you keep hacking away at their cash flow then they can't afford to keep operating. But judging by the fact that some of the top beaurocrats in Canberra are getting close to $1 million per year in wages (and no doubt other perks), what do they care about anyone else trying to make an honest living? The real bludgers are running the asylum!