budget 2019

Funds management

Politics has not managed to sway the All Ordinaries Index, as it continued to rise despite the Federal Budget announcement and the RBA’s interest rates discussion, accord...

Superannuation

Positive changes for SMSF sector in Budget

The SMSF Association has welcomed the Government’s proposed changes regarding calculating ECPI and increasing the age where the work test for making contributions to supe...

Superannuation

Minimal super changes welcomed by Actuaries

A positive budget outlook should spur important long-term policy direction, according to the Actuaries Institute....

Policy & Regulation

Budget surplus to improve consumer spending

With the Government last night announcing the Federal Budget is in a $7.1 billion surplus, Martin Currie’s chief investment officer, Reece Birtles, expects consumer spend...

Policy & Regulation

Few Budget surprises in financial services

The financial services industry has delivered the Budget a muted response in circumstances where the Treasurer, Josh Frydenberg, had announced most of the Government’s fi...

Policy & Regulation

Govt will pay unpaid FOS determinations

The Government has committed to paying unpaid Financial Ombudsman Service determinations impacting consumers and small businesses up to $30.7 million....

Policy & Regulation

Budget delivers on ASIC and APRA funding

The Government has confirmed its funding promises with respect to the Australian Securities and Investments Commission and the Australian Prudential Regulation Authority....