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Draft planning policy framework for Victoria - open for comment
Insight 11 Apr 2014

The Ministerial Advisory Committee appointed to review the Victorian State Planning Policy Framework has released a draft version of a new Planning Policy Framework that reorganises the policy framework into themes and updates the policy content to include new policies to support Plan Melbourne and ...

The beginning of the end of the unit trust's monopoly? A look at corporate CIVs
Insight 04 Sep 2015

The Board of Taxations report on tax arrangements applying to collective investment vehicles advocates extending tax neutrality to three additional collective investment vehicles corporates modelled on the Luxembourg SICAV limited partnerships and common contractual funds In this issue we examine ...

Adviser misconduct and client losses - ASIC's views
Insight 18 Dec 2015

ASIC has released a consultation paper about client review and remediation programs to address client losses because of adviser misconduct Partners Michelle Levy and Malcolm Stephens look at what ASIC says a licensee should do if they identify systemic misconduct by advisers providing personal ...

Regulating bonuses: will Australia be next?
Insight 05 Aug 2015

The UKs Financial Conduct Authority and Prudential Regulation Authority released rules in June this year to further tighten what are already fairly onerous restrictions on the payment of bonuses to staff in banks building societies and certain big investment firms The worlds financial regulators ...

Broadening approved product lists - would it really achieve anything?
Insight 05 Aug 2015

In his report earlier this year on retail life insurance advice John Trowbridge recommended that every advice licensee include at least half of the 13 relevant life insurers on its approved product list The Assistant Treasurer has since indicated the Government may consider measures to widen APLs by ...

Government and ASIC announcements for FinTech sector
Insight 23 Mar 2016

There were three announcements this week that will serve to bolster the emerging Australian FinTech sector The Government released a statement in support of FinTech as part of its National Innovation and Science Agenda while ASIC issued two sets of guidance an information sheet for providers of ...

Defining the objective of superannuation
Insight 09 Mar 2016

The Government released a discussion paper on the Objective of Superannuation today The paper says that the Government will enshrine in legislation the primary objective recommended by the Financial System Inquiry being To provide income in retirement to substitute or supplement the Age Pension ...

Life insurance remuneration draft regulations released
Insight 13 Apr 2016

The Government has released an exposure draft of the Corporations Amendment Life Insurance Remuneration Arrangements Regulations 2016 The draft regulations provide some further detail to support the implementation of the Corporations Amendment Life Insurance Remuneration Arrangements Bill 2016 which ...

Final version of Metropolitan Planning Strategy released
Insight 23 May 2014

Following consultation and feedback a final version of the Metropolitan Planning Strategy known as Plan Melbourne has been launched While the focus of Plan Melbourne continues to be on employment cluster locations and urban renewal opportunities there is also a renewed focus in the final document on ...

Korea-Australia Free Trade Agreement: strengthening cross-border investment
Insight 23 Apr 2014

The landmark Korea-Australia Free Trade Agreement is expected to further strengthen the established complementary economic relationship between the two countries, and to provide new opportunities for cross-border investment and trade. ...

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