Submission to the Code Governance Committee – Monitoring and Compliance Priorities Consultation
Related Projects
Submission to Treasury – Review of Tax Regulator Secrecy Exceptions
Tax secrecy laws are important for protecting people’s private financial information and keeping
Australia’s tax system secure. However, the current rules under the Tax Administration Act 1953 (TAA
1953) are making life harder for grieving families trying to access a loved one’s superannuation. This submission outlines issues we see in tax and super systems.
Submission to ASIC – Low Cost Credit Contracts
This joint submission provides feedback on the Australian Securities and
Investment Commission’s draft regulatory guide for low cost credit contracts. Our organisations have been advocating for the regulation of BNPL products for years and
keenly await the implementation of the new legislative regime, which will reduce the risk of
people being signed up to unaffordable BNPL debts that leave them worse off. However, the
regime is novel and complex so we strongly support ASIC’s intention to provide guidance on
the laws.