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ASIC clamps down on SMSF advice
Insight 25 Jul 2015

ASIC has outlined its expectations for financial advice where the client is advised to set up a self-managed superannuation fund ASIC has done so in two publications released yesterday - one deals with the risks associated with SMSFs information sheet 205 and the other with the costs information ...

Tax musings
Insight 04 Jun 2015

You would need to have been living under a large rock with your hearing aid turned off not to be aware of the current debates raging in relation to tax But it is hard to sort the wood from the trees or the real facts and issues from all the surrounding noise ...

Qld, NSW and Vic impose stamp duty surcharge on foreign purchasers of residential land
Insight 20 Jun 2016

Queensland will impose a stamp duty surcharge of 3 per cent on direct and indirect acquisitions of residential land in Queensland by foreign purchasers with effect from 1 October 2016 A similar stamp duty surcharge has been announced by the New South Wales Government with effect from 21 June 2016 ...

AMITs are here (at last)
Insight 02 Jun 2016

It has taken a while but out of the dust of an early Federal Budget and double-dissolution election announcement a new tax attribution regime for Attribution Managed Investment Trusts has emerged relatively intact While the AMIT regime should generally be welcomed as a positive thing for MITs in ...

Personal Property Security regime commences in PNG
Insight 10 May 2016

The commencement of the personal Property Security regime means an important changes to the companies transact business's report in Papua New Guinea. ...

Green Renaissance in Australia
Insight 08 Jun 2016

After more than three years of inertia, the Australian renewable energy industry is finally showing signs of a resurgence ...

FSI outcomes - what will happen and when?
Insight 08 Dec 2015

Are you interested in the financial system and how it is regulated The Federal Governments response to the Financial System Inquiry was recently handed down but it can be hard to work out where exactly things are heading We have put together a table that sets out what is likely to happen and when ...

Retail life insurance advice - ASIC's views on FoFA revealed
Insight 10 Oct 2014

The Australian Securities and Investments Commission released its report reviewing retail life insurance advice yesterday The report provides insights into ASICs views on the Future of Financial Advice FoFA Partner Michelle Levy and Senior Regulatory Counsel Michael Mathieson report ...

Could superannuation cease to be prudentially regulated?
Insight 02 Sep 2014

The Financial System Inquiry FSI has asked whether superannuation should cease to be prudentially regulated Is this idea likely to go anywhere Dont be so sure that it wont ...

What do ASIC and APRA want from Murray?
Insight 01 Oct 2014

Although more than 6500 second round submissions have been made to the Financial System Inquiry submissions made by ASIC and APRA will be read with greater interest than most The recommendations in these submissions are likely to be given greater weight by the FSI panel members and could find their ...

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