FEDERAL BUDGET

Superannuation

Morrison warned to distinguish between today’s reality and the legacy issues which gave rise to estate planning opportunities within super....

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Superannuation

Federal Treasurer, Scott Morrison, has confirmed substantial Budget changes to the superannuation tax regime with tighter targeting of concessions....

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Policy & Regulation

The Financial Services Council wants the States to live up to their original GST obligations by removing inefficient taxes, particularly those applying to life insurance....

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Financial planning

The Federal Budget’s focus on small business boosted business confidence by 9.6 points in May but confidence levels remain volatile and dependent on events....

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Superannuation

Federal Treasurer, Joe Hockey has reiterated the Government's vow of now changes to super during the life of the current Parliament....

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Accounting

Before making big purchases small business owners need to determine whether they are eligible for the $20,000 asset write-off announced in the Federal Budget, the IPA say...

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Accounting

The Federal Government’s $20,000 asset write-off for small businesses, announced in the Budget, will be a significant boon for the economy, but the IPA warns it may cause...

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Superannuation

The FSC urges a joint retail/industry fund policy position on superannuation taxation....

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Life/Risk

Commercial property landlords can look forward to increased demand for their assets following the Federal Government’s decision to cut the tax rate for small businesses....

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Financial planning

A cut to the company tax rate and a deduction for items purchased under $20,000, are big Budget wins for the financial advice sector, experts believe....

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Policy & Regulation

Smaller financial planning practices stand to gain the benefit of small business tax changes include immediate tax deductibility....

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Policy & Regulation

The regime covering unclaimed bank and life insurance monies will revert to the pre-2012 trigger of seven years....

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Financial planning

The Government has moved to market test the sale of ASIC’s registry business....

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Superannuation funds and financial services houses are lamenting the Government’s move to impose higher financial services levies....

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Policy & Regulation

The Federal Treasurer has ruled out any changes to the superannaution tax settings in next Tuesday’s Budget....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

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

2 months 3 weeks ago

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

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

6 days 17 hours ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 4 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 2 days ago