Labor Party

Policy & Regulation

Hume calls for FASEA extension to return to business

Senator Jane Hume has called on the Labor Party to enable the FASEA extension to return to business after a ruling yesterday on listed investment companies. ...

Policy & Regulation

Labor urged to rethink LRBA policy

The Labor Party has been urged to rethink its policy of banning Limited Recourse Borrowing Arrangements following its election defeat....

Funds management

Tax-effective fund offering launched

A fund focused on providing tax effective returns has launched, aiming to offer investors a tax rate of nine to 11 per cent....

Financial planning

Home buyers waiting for Election could miss the boat

Home buyers should not delay buying property based on the outcome of the upcoming Federal Election, according to the Real Estate Buyers Agents Association. ...

Policy & Regulation

Franking credits inquiry ends as it began – in disagreement

The Parliamentary Committee inquiry into the removal of franking credits has ended as it began – in disagreement between the major parties....

Superannuation

Loss of franking credits will see SMSFs take investments offshore

Self-managed superannuation fund trustees plan to take their investments offshore should Labor’s franking credit removal proposal take off. ...

Superannuation

Ordinary Aussies biggest beneficiaries of dividend refunds: FSC

The Financial Services Council has found that ordinary Australians who are members of large super funds are the biggest group benefiting from franking credit refunds, adv...

Policy & Regulation

ALP proposals could hit property market hard

The Labor Party’s proposed reforms to negative gearing and capital gains tax could split the property market in two, despite promises from Canberra that the changes would...

Superannuation

ASFA warns of $1.6m cap impact on franking credits proposal

The Association of Superannuation Funds of Australia has warned that the Labor Party’s proposal to abolish refundable franking credits needs to take into account the bedd...

Policy & Regulation

Labor’s negative gearing policy to apply to all investments

The Australian Labor Party’s negative gearing restrictions would apply across the board to all investments, according to the Tax Institute....

Superannuation

Frydenberg rules out SG change

The Federal Treasurer, Josh Frydenberg has made clear the Government will opt for retirement income certainty rather than the superannuation guarantee recommendations of ...

SMSF

Will ALP’s franking credits change drive SMSF membership?

The Federal Opposition’s move to remove franking credits may drive up SMSF membership, according to SMSF Alliance principal, David Busoli. ...

Policy & Regulation

Industry funds at risk from Labor policy

New analysis suggests that Labor’s proposed changes to dividend imputation could have unintended consequences extending well beyond SMSFs to industry and retail superannu...

Superannuation

Turnbull govt starts superannuation “catch-up” measure

The Federal Government has announced the commencement this week of a “catch-up” carry forward measure for superannuation concessional contribution caps....

Policy & Regulation

Dissenting report draws battlelines on AFCA

The Government cannot be certain of imposing the new Australian Financial Complaints Authority in circumstances where opposition Senators have issued a dissenting report ...