FAAA announces the upcoming retirement of general manager, policy, advocacy and standards – Phil Anderson

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Phil Anderson, FAAA’s general manager, policy advocacy and standards, will be retiring on 27 November 2026 after over 30 years in the financial services industry, and much of the last

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FAAA submission: Capital Gains Tax and Negative Gearing – Tranche 2 Legislation

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In its submission[1] to Treasury on Tranche 2 of the CGT and negative gearing legislation, the FAAA has pointed to a number of areas where the draft laws require further refinement. The

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FAAA welcomes progress on Shield and First Guardian response, but detail is critical

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Yesterday’s National Press Club address by Assistant Treasurer and Minister for Financial Services Daniel Mulino included welcome progress on the response to Shield and First Guardian, but further action is

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FAAA calls on Government to put Australian consumers at the centre of financial sector reform

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Sarah Abood, CEO of the Financial Advice Association Australia (FAAA), says Minister Mulino’s National Press Club address next week must put Australians’ access to affordable, trustworthy financial advice at the

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FAAA submission: “long running unintended consequences” of proposed changes to minimum tax on discretionary trusts

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The FAAA is concerned about the potential broader consequences of the Government’s plans for the minimum tax on discretionary trusts, seeking to “…highlight the potential significant implications of this proposal

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FAAA unveils Congress 2026 program and opens early bird registrations

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The FAAA has unveiled the program for its flagship Congress 2026, bringing together leading voices in technology, financial advice, business leadership, and professional practice for three days of learning and

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FAAA Statement on ASIC Funding Levy 

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The FAAA is particularly concerned by the significant increase in the ASIC Funding Levy for the 2025/56 financial year, up 27%. This, along with the recently announced CSLR special levy, will have a very significant cost impact on the

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FAAA: Unintended SMSF consequences from CGT and negative gearing changes

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The FAAA welcomes the fact that the Federal Government’s proposed changes to CGT and negative gearing in the Budget did not impact superannuation. However it says an unintended consequence is

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FAAA submissions on CSLR and Shield and First Guardian

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On Friday 22 May 2026, the FAAA provided the following three submissions to Treasury in response to the Government’s consultation on the CSLR and Shield and First Guardian: Compensation Scheme of Last

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Access to financial advice critical to navigating Budget

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“The breadth of this Federal Budget, and the aims of Treasurer Jim Chalmers, are complex and wide-ranging, and its impact on Australians is likely to be substantial. There is no

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