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Last Updated: Saturday, 8th June, 2:25PM
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Super Funds Advocate for Protective Regulatory Measures on Cyber Reporting Thu, 07 Nov: In a growing discussion over cyber security protections, superannuation funds are pressing for legislations that safeguard them from potential regulatory actions after reporting cyber incidents to the National Cyber Security Coordinator (NCSC). The funds assert that without these legislative protections, the willingness to disclose critical information could be significantly hampered. - read more
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Super Balance Levy: Scrutiny on Tax Concessions Grows Thu, 07 Nov: Australia's Association of Superannuation Funds (ASFA) is calling for a closer examination of the tax concessions granted to individuals with substantial superannuation balances and high incomes. There appears to be further potential to curb these concessions as suggested in its presentation to a Parliamentary Committee evaluating the nation's tax framework. - read more
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Overheads on Enhanced Vetting Could Ratchet Up Wholesale Fund Costs Thu, 07 Nov: The prospect of intensified scrutiny in confirming wholesale investor status could potentially tip the balance of competitiveness away from wholesale funds. According to recent commentary from the Financial Services Council (FSC), implementing added verification processes might impact these funds' ability to compete effectively. - read more
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Insurance Dispute Settled with New Rulings Thu, 07 Nov: In a recent adjudication, a property owner faced a coverage denial due to damage attributed to rodents, offering a revealing insight into insurance claim disputes. When a strata property holder reported water damage from a damaged dishwasher hose, her insurance claim was thwarted by the involvement of rodents. - read more
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The Ultimate Guide to Hobby Farm Insurance in Australia Are you a proud owner of a hobby farm in Australia? Whether it's a sprawling landscape or a cozy patch of backyard land, your hobby farm is a labour of love that deserves protection. But what exactly qualifies as a hobby farm? In general, a hobby farm is typically a small-scale farm operated for pleasure rather than profit, often involving activities like gardening, raising animals, or simply enjoying the charm of a rural lifestyle. - read more
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What types of Business Insurance are available in Australia? Business insurance is an essential component for any Australian enterprise, providing a safety net against unforeseen events that could disrupt operations. Whether it’s a small startup or a large corporation, insurance helps protect businesses from potential financial losses. - read more
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Which Business Insurance is Best for Startups? Starting a new venture is an exciting journey, but it comes with its own set of risks and uncertainties. This is where business insurance becomes crucial for startups. In Australia, ensuring that your budding enterprise is protected against unforeseen events is a key step in securing its future. - read more
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The Truth Behind Payday Loans There’s a lot been said about payday loans. Many claim that the interest rates charged are outrageous. Others say that they are the only source of finance available for those with less than perfect credit score. There is a bit of truth in both claims but there is much more to payday loans than meets the eyes. - read more
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