Exposure draft released on legislating the objective of super

GovernmentLeave a comment

 Treasury has released for consultation the Superannuation (Objective) Bill 2023 and Superannuation (Objective) (Consequential and Transitional Provisions) Bill 2023 for feedback, following on from stakeholder engagement earlier in the year on the need to legislate the objective of superannuation to provide a share direction for government, the super industry and Australians (as superannuants). The…

Government passes technology neutrality laws for the Corporations Act

Fund establishment, LegalLeave a comment

The digital age, and through an accelerated period during COVID-19, we have seen the transformation in the way many of us operate and communicate, including through the SMSF industry. However, we do typically see legislation lagging behind these technological advancements, resulting in outdated practices that don’t align with modern business needs. This can create practical…