Deferred tax accounting not guaranteed to improve Div 296 outcome
While there have been a lot of arguments in favour of utilising deferred tax accounting in relation to Division 296, a technical adviser has argued it should very much ...
TAX • Mon, 04 Aug 2025
New financial services minister announced
Prime Minister Anthony Albanese has confirmed that Dr Daniel Mulino will serve as assistant treasurer and financial services minister during an announcement in Canberra ...
APPOINTMENTS • Mon, 12 May 2025
CA ANZ throws support behind Coalition’s plans for accountants in advice
The peak accounting body has strongly backed the Coalition’s “promises” around financial advice deregulation, though it noted it needs to hear more details.
REGULATION • Wed, 16 Apr 2025
Coalition ‘dead against’ Div 296, ASFA ‘not as concerned’
Shadow treasurer Angus Taylor has strongly reiterated the Coalition’s opposition to the $3 million super tax, but ASFA’s chief executive pushed back on concerns over ...
TAX • Sun, 13 Apr 2025
Budget confirms Division 296 tax still on the table
The Federal Budget has confirmed the government will push ahead with its Division 296 tax for superannuation balances above $3million as planned.
TAX • Wed, 26 Mar 2025
Stephen Jones announces retirement ahead of election call
The Financial Services Minister has announced that he will retire from federal politics at the next election.
APPOINTMENTS • Wed, 29 Jan 2025
SMSFA hits back at Chalmers over div 296 consultation claims
The SMSF Association has refuted Treasurer Jim Chalmers’ claims that the government undertook “heaps of consultation” on the $3 million super tax.
SUPER • Mon, 27 Jan 2025
FAAA pushes for higher education standards on new class of advisers
FAAA chief executive Sarah Abood says the education standard for the new class of advisers needs to be “linked to the scope of advice”.
BUSINESS • Sun, 09 Jun 2024