Money Management --- Page: 16 : 6 March 2008 Original article by Liam Egan
LexisNexis Summary
The Board of Taxation will review the taxation of managed funds. Chris Bowen, Assistant Treasurer and Minister for Competition Policy & Consumer Affairs, said on 29 February 2008 that the intention of the Australian Government is to "make Australia the financial services hub of Asia". To achieve this aim, Australia's financial service industry must be made more competitive by reducing complexity, increasing certainty and lowering compliance costs.
