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30 October 2025 · Media release

Media Release: FSC welcomes Government commitment to modernise foreign investment framework

The Financial Services Council welcomes the Government’s commitment to streamline the foreign investment framework, which will reduce unnecessary red tape for trusted institutions engaging in lower risk investment activity, while focusing scrutiny for higher-risk transactions.

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26 October 2025 · Media release

Media Release: FSC supports new consultative direction on superannuation tax changes

The Financial Services Council (FSC) welcomes the Treasurer’s announcements today that the Government has revised its policy proposal in relation to taxing high superannuation balances and that it will also boost the low-income superannuation tax offset (LISTO).

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9 October 2025 · Media release

Media Release: FSC welcomes introduction of Payday Superannuation Bill

The Financial Services Council (FSC) welcomes the introduction of the Payday Superannuation Bill to parliament today, which will ensure that Australians start earning returns on their retirement savings sooner, but also provides flexibility for employers to move to full compliance.

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7 October 2025 · Media release

Media Release: FSC developing best practice principles for superannuation platform investment governance

The Financial Services Council (FSC) welcomes the Government’s recognition of the industry’s work to promote best practice investment governance and increase consumer protections in the superannuation platforms sector.

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21 September 2025 · Media release

Media Release: FSC to lead industry best practice on private credit transparency and governance

The Financial Services Council (FSC) welcomes the findings in ASIC’s interim report on private credit in Australia, which highlights both the important role private capital plays in financing innovation and growth, and the need to strengthen industry practices.

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15 September 2025 · Media release

Media Release: Two new directors appointed to FSC Board

The Financial Services Council (FSC) is pleased to announce the appointments of two senior industry leaders, Scott Hartley, Chief Executive Officer of Insignia Financial, and Daniel Shrimski, Managing Director of Vanguard Australia, as directors to the FSC Board.

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10 August 2025 · Media release

Media Release: Retirement policy should prioritise individual outcomes

The Financial Services Council (FSC) welcomes the Government’s consultations related to Best Practice Principles for Retirement and the Reporting Framework for Retirement Data. The two consultations are an important step forward in improving retirement outcomes for Australians, but the FSC urges the Government to…

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1 August 2025 · Media release

Media Release: FSC Media Statement on Compensation Scheme of Last Resort Special Levy Treasury Consultation

The Financial Services Council (FSC) welcomes the careful and consultative approach the Assistant Treasurer Dr Daniel Mulino has taken with the Treasury consultation released today in considering how to exercise his discretion to impose a special levy to meet the significant funding shortfall in the costs of the…

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27 July 2025 · Media release

Media Release: Green Paper explores opportunities to modernise the financial advice licensing framework

The Financial Services Council (FSC) today releases a Green Paper examining the case for reforming Australia’s financial advice licensing framework to better protect consumers, support a diverse and professional advice sector, and ensure the regulatory model remains fit for purpose in a changing environment.

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5 June 2025 · Media release

Media Release: New analysis of the impact of proposed superannuation tax

The Financial Services Council (FSC) has released new data that shows the full impact of the proposed superannuation tax on different age cohorts of Australians under four different scenarios.

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