The Federal Government has released the exposure draft of the Treasury Laws Amendment Banking Executive Accountability and Related Measures Bill together with a draft Explanatory Memoradum This follows on from the release of the Banking Executive Accountability Regime BEAR consultation paper in July ...

With all the media attention on the Governments surprise announcement of its proposed package on improving accountability and member outcomes in super last week you would be forgiven if the Productivity Commissions latest issues paper on competitiveness and efficiency in the super system had slipped ...

Fund financing activities in Australia remained strong in 2017 with particular focus on infrastructure private equity funds and private debt funds which have taken advantage of the additional liquidity and funding flexibility in this market Allens Partner Tom Highnam Managing Associate Rita Pang and ...

Allens has written over the course of this year, the Royal Commission will bring and in fact already has brought monumental changes both in how banks are regulated and to the actual laws that apply ...

The Australian Financial Complaints Authority AFCA the new one-stop-shop for resolving financial complaints has had a very busy first six months of operation ...

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 ...

The Senates disallowance of the Corporations Amendment Streamlining Future of Financial Advice Regulation 2014 was messy However the same could be said of the process by which FoFA was originally enacted ...

Partners David Donnelly and Nicholas Ng examine public-private partnerships PPPs in Australia including the year in review the general framework bidding and award procedures recent decisions and the outlook for 2015 ...

If you have been following the debate about bank capital in recent months you could be forgiven for thinking there is only one issue how much capital should banks have to hold on account of their residential property lending activities However the Financial System Inquirys recommendations on bank ...

The Victorian Government has introduced legislation to impose a 3 per cent stamp duty surcharge on foreign purchasers of residential land and a 05 per cent land tax surcharge on absentee owners of both residential and other land The proposed legislation is very broad and applies to both direct and ...