Franking credit inquiry heading to seats held by Tim Wilson, Kelly O’Dwyer

The Parliamentary inquiry into refundable franking credits has scheduled four public hearings in Victoria – all of them in seats held by the Liberal Party, including the one held by Chair of the inquiry Tim Wilson. A House of Representatives Committee has been conducting an inquiry into the ‘implications of… Read More »Franking credit inquiry heading to seats held by Tim Wilson, Kelly O’Dwyer

Government consults on market-linked & death benefit amendments

The Government has started consultation on technical amendments to market-linked pensions and rollover death benefits. Treasury has released for consultation draft legislation and regulations to “correct unintended outcomes” from the Government’s Treasury Laws Amendment (Fair and Sustainable Superannuation) Bill 2016. The draft legislation includes a change to “correct an error… Read More »Government consults on market-linked & death benefit amendments

AFCA to be able to accept financial complaints dating back to 2008

Treasurer Josh Frydenberg has announced that the remit of the Australian Financial Complaints Authority (AFCA) will be expanded to consider some financial complaints dating back as far as 1 January 2008. This would provide “expanded access to redress for consumers and small businesses harmed by financial misconduct,” Frydenberg said. The… Read More »AFCA to be able to accept financial complaints dating back to 2008