FEDERAL BUDGET 2017

Financial planning

The Federal Government’s 2017 Budget measures on using super for housing underscores the need for advice, and for it to be tax deductible....

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Life/Risk

The government measures put in place in the 2017 Federal Budget would be unlikely to translate into a real fix for housing market challenges....

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Superannuation

The first home super saver announced in Tuesday’s Budget should not involve any significant administrative burden on super funds, ASFA believes. ...

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Policy & Regulation

The Diverted Profits Tax will impose a 40 per cent penalty tax rate on Australian profits artificially shifted offshore by large multinationals....

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Policy & Regulation

The Federal Government will impose a six basis point levy on the major banks but has specifically excluded superannuation and insurance businesses....

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Superannuation

The Federal Government will use super as a tax-effective conduit for people to save for a home deposit. ...

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Policy & Regulation

The Australian Bankers Association has hit back at the Government over the imposition of a levy on the major banks saying it is counter-productive and was imposed without...

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Policy & Regulation

FSC calls for end to politicisation of financial services and to calls for a Royal Commission....

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Policy & Regulation

The Federal Budget has confirmed the creation of a single financial services EDR scheme – the Financial Complaints Authority....

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Superannuation

The industry funds have given a cautious welcome to the Budget super changes but expressed concern about ultimate purpose of super....

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Policy & Regulation

The Federal Government is looking to tighten the arrangements around 'stapled' structures but is not ready to announce anything in the Budget....

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Superannuation

The financial services industry appears united in urging the Government to ensure next month’s Budget does not further delay increasing the superannuation guarantee to 12...

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Accounting

The Institute of Public Accountants has called on the federal government to extend the write-off initiative for 2017-2018....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 1 day ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 1 day ago