policy

Policy & Regulation

IPA welcomes instant write-off extension

The Institute of Public Accounts has commended the Government’s decision to extend the instant asset write-off for small businesses to 2020, but argues it should be a per...

Policy & Regulation

Change is still a way off on ALRC proposal: Honan

Despite the Australian Law Reform Commissions’ recent recommendations stemming from its Inquiry into Class Action Proceedings and Third-Party Litigation Funders, Honan In...

Policy & Regulation

Where are this year’s pre-Budget submissions?

Industry organisations and firms have until 1 February to lodge a pre-Budget submission with the Federal Treasury but, thus far, no one actually has....

Policy & Regulation

When being a chartered accountant is not enough

Having an unblemished record as a chartered accountant is not justification in itself for being granted an Australian Financial Services License, according to the Adminis...

Policy & Regulation

ASIC to sharpen IDR requirements

The Australian Securities and Investments Commission has foreshadowed further pressure on financial services licensees as a review of internal dispute resolution identifi...

Policy & Regulation

Academics urge board to monitor ASIC and APRA

A new research paper developed by three academics has urged the imposition of an over-arching assessment board to oversight the effectiveness of the Australian Securities...

Policy & Regulation

Planning licensees amongst biggest ASIC funders

The new industry funding model for the Australian Securities and Investments Commission will see financial planning licensees and credit providers carrying some of the gr...

Policy & Regulation

ASIC penalises Berndale Capital Securities

The Australian Securities and Investments Commission has cancelled a Melbourne-based OTC derivative issuer’s licence and its former director has been banned. ...

Policy & Regulation

ASIC cancels Financial Circle’s licence

The Australian Securities and Investments Commission has cancelled the Australian financial services licence and credit licence of Financial Circle....

Policy & Regulation

ASIC lays 13 dishonesty charges on former planner

The Australian Securities and Investments Commission has charged a former Melbourne financial planner with 13 dishonesty offences....

Policy & Regulation

Tim Wilson to pit WAM against ACOSS on dividend refunds

The House of Representatives Standing Committee on Economics, Tim Wilson, will this Friday publicly compare the positions of WAM and ACOSS on Labor’s proposed franking di...

Financial planning

Advised clients best placed on franking credit removal

People receiving financial advice are going to be better placed to deal with any move by a future Labor Government to remove refundable franking credits, according to the...

Superannuation

SMSF research identifies challenge of regulatory uncertainty

The SMSF Association is selling the message that you don’t need $1 million to set up a self-managed superannuation fund but regulatory uncertainty does represent a major ...

Policy & Regulation

Former financial services rep banned for stealing

A former Perth financial services representative has been banned from providing financial services following a Court conviction for four counts of stealing....

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...