ASSISTANT TREASURER

Financial planning

Legislation to streamline prudential regulation has been introduced into parliament....

Financial planning

The Australian Taxation Office has announced its plans to provide approximately 740,000 employers across the nation with a fact sheet explaining the implications of the n...

Financial planning

The Federal Government has moved to validate the investment scope of self-managed superannuation funds by legislating to allow them to continue investing in instalment wa...

Financial planning

The Federal Government has moved to address the lingering tax file number issue by ensuring the Australian Taxation Office provides the data to superannuation funds unles...

Financial planning

The Federal Government has paid a financial grant of nearly $1.5 million to assist members of a West Australian superannuation fund that was the victim of fraud....

Financial planning

Australia’s financial services regulators and the Australian Taxation Office will receive additional funding as a result of the Federal Budget....

Life/Risk

The Federal Government has moved to tighten the rules relating to foreign insurers entering the Australian market with the introduction of a new reform package....

Superannuation

The head of technical services at a leading fund manager has warned financial planners that self-managed superannuation funds are likely to come under greater tax scrutin...

Policy & Regulation

Non-dependant members of families of Australian Defence Force personnel, Australian Federal Police, and state and territory police killed in the line of duty are to recei...

Policy & Regulation

Non-forestry agribusiness managed investment schemes have been given a 12-month reprieve on tax treatment by the Australian Taxation Office....

Financial planning

The Assistant Treasurer, Peter Dutton, has outlined further tax-related transitional arrangements covering people aged 64 and 74 affected by the Government’s simplifying ...

Financial planning

The Federal Government will stop tax breaks on non-forestry managed investment schemes from July 1 this year....

Financial planning

The Federal Government has given its approval for the proposed acquisition of the Promina Group by Suncorp Metway to proceed....

Policy & Regulation

The Federal Government has released revised exposure draft legislation, which outlines the final stages of reforms for the tax treatment of financial arrangements....

Financial planning

The Federal Opposition has opted for continuity with respect to the Australian financial services industry, retaining Tasmanian Senator Nick Sherry as its spokesman on su...

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