MP Tim Wilson has not been found in contempt of the House of Representatives for his activities around the franking credits inquiry, though his actions may have fallen below the standard expected, says the Speaker of the House of
…Aussiegolfa case leaves questions unanswered for SMSFs
An SMSF expert says there is still more to come as a result of the Aussiegolfa decision.
Last year the Full Federal Court, in Aussiegolfa Pty Ltd (Trustee) v. Federal Commissioner of Taxation, found that the arrangement in question
…Strong start to 2019 for super fund investment returns
Super fund investment returns are off to a strong start in 2019, according to Chant West.
The ‘median growth fund’ – with 61-80% invested in growth assets – was up 2.5% in January 2019, according to the firm.
…Opt-in superannuation insurance legislation reintroduced
The Government has reintroduced its proposed changes to insurance in superannuation in a new Bill, after stripping the changes out of a Bill already in the Senate.
Last week the Government dropped most of proposed changes to make insurance opt-in,
…SMSF property advice leads to 3 year exclusion from financial services
ASIC has accepted an Enforceable Undertaking from a Gold Coast accountant preventing her from providing financial services for three years, following an investigation into SMSF advice involving property.
The regulator says it found Jenan Oslem Thorne (also known as Cenan
…Industry Super Australia launches unpaid super campaign
Industry Super Australia has launched a new advertising campaign aimed at unpaid superannuation.
The organisation says the purpose of the campaign – Unpaid Super: Getting Worse While Nothing is Done – is to raise awareness of the impact that unpaid
…This time it’s Labor and the Greens standing in the way of cheaper super
Written by Brendan Coates, Fellow with the Grattan Institute.
Parliament is failing workers with superannuation. And this time it’s Labor and the Greens who are doing it.
Diminished ‘Protecting Your Super’ Bill passes Parliament
The diminished ‘Protecting Your Super’ Bill has passed the Parliament.
Last week the Government, in a deal with the Greens, stripped out the insurance changes from its Treasury Laws Amendment (Protecting Your Superannuation Package) Bill 2018. The Bill, with
…Tim Wilson franking credits inquiry coming to WA, SA
Tim Wilson’s franking credits inquiry, which has come under scrutiny and criticism, is coming to Western Australia and South Australia.
So far the public hearings of the inquiry have been held in NSW, Victoria and Queensland. The newly announced locations
…Class announces Andrew Russell as new CEO
Class Ltd, which makes Class Super and Class Portfolio, has announced the appointment of its new CEO.
Andrew Russell, currently Executive General Manager for Financial Services with the REA Group, will take over as Manager Director and CEO of Class
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