2011 Submission Archives

Corporations Amendment (Future of Financial Advice) Bill 2011

25 November 2011

Abacus lodged a submission to the Parliamentary Joint Committee on Corporations and Financial Services's inquiry into the Corporations Amendment (Future of Financial Advice) Bill 2011.

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Consultation Paper 167: Advertising financial products and advice services: Good practice guidance.

20 October 2011

Abacus lodged a submission with ASIC in relation to Consultation Paper 167: Advertising financial products and advice services: Good practice guidance.

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Consumer Credit and Corporations Legislation Amendment (Enhancement) Bill 2011

17 October 2011

Abacus lodged a submission to the Parliamentary Joint Committee on Corporations and Financial Services's inquiry into the Consumer Credit and Corporations Legislation Amendment (Enhancement) Bill 2011.

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FHSA & Periodic Statements

04 October 2011

Abacus wrote to Treasury in relation to First Home Saver Accounts (FHSA) and periodic statements.

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ASIC Consultation Paper 165 - Credit assistance for home loans: Competence and training requirements

26 September 2011

Abacus lodged a submission with ASIC providing comments in response to Consultation Paper 165: Credit assistance for home loans: Competence and training requirements and thanks ASIC for reopening consultation on RG 206 Credit Licensing: Competence and training in response to concerns raised by industry stakeholders, including Abacus.

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ASIC Consultation Paper 164 - Scaled Advice

09 September 2011

Abacus lodged a submission with ASIC providing comments on proposals to provide additional guidance on how to scale advice.

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Strategic Review of Innovation in the Payments System

09 September 2011

Abacus provided comment on the RBA's June 2011 consultation paper on innovation in the payments system.

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Public Consultation of the Role of Cheque Use in Australia

29 July 2011

Abacus provided comments to the Australian Payments Clearing Association (APCA) on their public consultation of the role of cheque use in Australia.

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Review of Card Surcharging: A Consultation Document

22 July 2011

Abacus has lodged a submission with the Reserve Bank of Australia providing comments on the consultation document relating to the Review of Card Surcharging.

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Financial Claims Scheme - Consultation Paper May 2011

24 June 2011

Abacus has provided comments to Treasury on the Financial Claims Scheme - Consultation Paper May 2011.

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Proposed financial sector levies: 2011-12

02 June 2011

Abacus has lodged a submission with Treasury commenting on the proposed financial sector levies: 2011-12.

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National Consumer Credit Protection Amendment (Home Loans and Credit Cards) Bill 2011

20 May 2011

Abacus has submitted a submission to the House of Representatives Standing Committee on Economics' inquiry into the National Consumer Credit Protection Amendment (Home Loans and Credit Cards) Bill 2011.

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Key Facts Sheets for Credit Cards & Home Loans

28 March 2011

Abacus has provided comments to Treasury's consultation around the proposed draft Key Facts Sheets for Credit Cards & Home Loans, a component of the National Consumer Credit Protection Amendment (Home Loans and Credit Cards) Bill 2011.

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Supplementary submission - Competition within the Australian banking sector

21 March 2011

Abacus has submitted a supplementary submission to the Senate Economics References Committee's inquiry into competition within the Australian banking sector.  This submission follows from the initial submission lodged on 30 November 2010, and our appearance before the Committee on 13 December 2010.

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Exposure Draft - National Consumer Credit Protection Amendment (Credit Card and Home Loans) Bill

09 March 2011

Abacus provided comments to Treasury in relation to draft legislation - Exposure Draft - National Consumer Credit Protection Amendment (Credit Card and Home Loans) Bill.

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Ban on exit fees

01 March 2011

Abacus has provided comments to Treasury relating to the Exposure Draft – National Consumer Credit Protection Amendment Regulations 2011 amending the National Credit Code to ban exit fees on new home loans from 1 July 2011.

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Access for Small and Medium Business to Finance

28 February 2011

Abacus submission to the Parliamentary Joint Committee on Corporations and Financial Services' inquiry into Access for Small and Medium Business to Finance.

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Abacus 2011-12 Pre-Budget Submission

28 January 2011

Abacus has submitted a prebudget submission to Treasury. The submission promotes adoption of the Henry Review recommendations on taxation of savings; expansion of the credit union RITC provisions to include mutual building societies; removal of waiting periods for FHSAs; release of franking credits by mutuals, and further investment in consumer awareness and education.

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