federal opposition

Policy & Regulation

IPA supports gov reintroduction of SG amnesty

The Institute of Public Accountants has put its support behind the Government’s reintroduction of the superannuation guarantee amnesty bill....

Policy & Regulation

ALP shares financial services love

The Australian Labor Party has spread the focus on financial services across three members of its Shadow Cabinet team....

Financial planning

Have product providers jumped the gun on grandfathering?

Financial advisers have expressed concern and anger at product manufacturers who have written to advice clients informing them how to switch off grandfathered commissions...

Financial planning

Purchased a book of trails? Expect no ALP sympathy

The Federal Opposition has signalled it has little or no sympathy for advisers who have purchased books of trailing commissions and believes such people have failed to do...

Policy & Regulation

90% negative on franking credits impact

Nearly 90 per cent of investors responding to a survey believe the Federal Opposition’s proposed removal of refundable franking credits will reduce their quality of life....

Superannuation

Franking credits policy “un-Australian”

Treating self-managed superannuation funds differently to industry funds with respect to franking credits is un-Australian, according to financial services academic, Prof...

Policy & Regulation

New research counters Labor’s negative gearing claims

New research commissioned by building industry group, Master Builders Australia has pointed to significant economic damage resulting from the Federal Opposition’s policie...

Policy & Regulation

Dividend imputation policy confirmed as ‘calculated risk’

The Federal Opposition has taken a calculated risk with its proposed changes to dividend imputation, according to key industry superannuation fund spokespeople....

Superannuation

Senate cross-bench to decide fate of super changes

The Federal Opposition has confirmed its intention to oppose or amend the Government’s key superannuation legislation changes meaning governance and choice issues will be...

Superannuation

Bowen confirms ALP rejection of Govt’s super saver scheme

The Government will struggle to get its First Home Owners Super Savers scheme through the Parliament with the Federal Opposition declaring it will oppose the Budget init...

Financial planning

Royal Commission will trump the Productivity Commission says Labor

A Royal Commission will trump any Productivity Commission scrutiny of vertical integration in the financial services sector, according to Federal Opposition leader, Bill ...

Funds management

Labor renews calls for Royal Commission

The Federal Opposition has used ASIC’s BBSWR action against NAB to renew calls for a Royal Commission into the banking and financial services industry....

Financial planning

Opposition warned on negative gearing changes

Calls to change negative gearing provisions were not based on rigorous economic modelling and should not be done without a comprehensive tax review. ...

Policy & Regulation

TTR changes should not hinder low income earners: Opposition

The Federal opposition is consulting with stakeholders and experts to ensure Budget proposal changes do not negatively impact people on lower incomes. ...