Australians overwhelmingly distrust the Albanese Government on superannuation taxes and are undecided on whether they can trust the Opposition, a new nationwide poll has found.

The Financial Services Council (FSC) welcomes the Government’s announcement that the Treasury will undertake a review into the Compensation Scheme of Last Resort (CSLR).

The Financial Services Council (FSC) extends its congratulations to the Assistant Treasurer and Financial Services Minister Stephen Jones following the announcement of his retirement.

The financial services industry is calling on both sides of politics to commit to an economic growth agenda, an evidence-based tax review, and to form a red tape razor gang responsible for slashing inefficient regulation to lift Australia out of its economic malaise.

By Blake Briggs, CEO of the FSC The Australian economy is in a malaise, with Gross Domestic Product (GDP) slowing over the course of 2024 and, outside the COVID-19 economic shock, now recording the weakest rate of GDP growth in a generation.  

Welcome to Issue 83 of the FSC Policy Update. This article outlines legislative and regulatory developments in the superannuation, investments, financial advice, tax, technology and innovation sectors, plus more. Learn about what’s impacting the financial services industry below. Click on the topic of interest below to read more.

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