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TREASURY
Financial planning
ASIC has released the indicative levy for advisers in 2022–23 in its latest cost recovery implementation statement....
Financial planning
The government has made 10 recommendations on ASIC’s industry funding model following a Treasury review and confirmed the temporary levy relief for personal financial adv...
Financial planning
The government has clarified details on why a sunset clause is excluded from experience pathway legislation, introduced to the House of Representatives this week, despite...
Financial planning
Distinctions between “experienced” and “relevant” advice providers could lead to further confusion, according to The Advisers Association’s CEO, Neil Macdonald....
Features
While many welcomed Treasurer Jim Chalmers’ second budget with its $14.6 billion cost-of-living plan, some industry professionals are concerned with what was left out. ...
Funds management
Treasurer Jim Chalmers has warned economic growth is expected to slow significantly to 1.5 per cent in 2024....
Funds management
Treasurer Jim Chalmers has handed down his second Budget, outlining how Labor is preparing Australians for its ‘defining decade’ by helping with cost-of-living pressures....
Superannuation
Indexing the $3 million threshold and using actual earnings to calculate tax are among suggestions from associations to the Treasury super concession consultation, descri...
Financial planning
The Treasury has outlined how advisers and their AFSLs can utilise the proposed experience pathway if they meet the requirements, as it opens a consultation period for fe...
Financial planning
The Treasury has opened consultation on the proposed experience pathway, outlining what would deem an adviser to meet the education requirements....
Superannuation
The consultation paper on doubling the concessional tax rate for superannuation balances exceeding $3 million would take feedback from stakeholders until mid-April. ...
Policy & Regulation
ASIC is to receive an extra $4.3 million from the government to crack down on businesses making misleading sustainability claims as part of plans for an Australian Sustai...
Funds management
The country's financial regulators have sought to temper fears of a crisis following the collapse of three US banks. ...
Funds management
The Senate has ordered Treasury to disclose a confidential report detailing findings from a probe into alleged misconduct by ASIC's deputy chair. ...
Policy & Regulation
A Senate committee is set to scrutinise the Albanese government's proposed franking credit tax changes....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...