FEDERAL BUDGET

Accounting

The Federal Government’s $20,000 asset write-off for small businesses, announced in the Budget, will be a significant boon for the economy, but the IPA warns it may cause...

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Superannuation

The FSC urges a joint retail/industry fund policy position on superannuation taxation....

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Life/Risk

Commercial property landlords can look forward to increased demand for their assets following the Federal Government’s decision to cut the tax rate for small businesses....

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Financial planning

A cut to the company tax rate and a deduction for items purchased under $20,000, are big Budget wins for the financial advice sector, experts believe....

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Policy & Regulation

Smaller financial planning practices stand to gain the benefit of small business tax changes include immediate tax deductibility....

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Policy & Regulation

The regime covering unclaimed bank and life insurance monies will revert to the pre-2012 trigger of seven years....

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Financial planning

The Government has moved to market test the sale of ASIC’s registry business....

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Superannuation funds and financial services houses are lamenting the Government’s move to impose higher financial services levies....

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Policy & Regulation

The Federal Treasurer has ruled out any changes to the superannaution tax settings in next Tuesday’s Budget....

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Policy & Regulation

Government warned of unintended negative consequences of removing dividend imputation regime....

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Policy & Regulation

The Federal Treasurer, Joe Hockey, has dismissed the ALP’s high super account balance tax policy as a ‘tax grab’ but has not ruled out traversing the same issue in the Ta...

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Superannuation

Government urged to consider allowing married couples to have joint superannuation accounts....

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Financial planning

Chartered Accountants Australia and New Zealand are urging the Government to simplify the arrangements around the tax deductibility of advice fees....

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Superannuation

People with ulterior motives are misusing Treasury data to drive their own agendas, according to a Money Management roundtable....

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Superannuation

The FSC has urged the Government to review the targeting of the age pension, suggesting current settings are too generous....

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

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. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago