Date posted: 18/12/2019

2020-21 Pre budget submission

CA ANZ’s pre-budget submission has prioritised key initiatives that focus on smarter regulation, and the sustainability of the superannuation/retirement and GST systems.

CA ANZ’s pre-budget submission focuses on smarter regulation as a tool to improve productivity, nurture honest businesses, and enable appropriate business settings that encourage innovative businesses.  It also focuses on the sustainability of the superannuation and retirement systems and discusses the need for policies supporting climate change and budgets that support wellbeing.  

It argues that substantial reform of the current regulation of licenced financial advisers could substantially reduce red tape whilst simultaneously improving consumer outcomes.

CA ANZ calls upon the Government to action the long list of announced but unenacted measures – particularly those relating to Division 7A and the Research and Development Allowance.