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Marketplace lending platform CrowdProperty Australia has raised $1.5 million to expand its SME property development finance offering, wholesale and SMSF investment opportunities.
ASIC has made further extensions to the COVID-19 temporary financial advice relief measures for financial advisers.
SMSFs making valuations of private company shares and trusts will need to ensure early preparation to meet any arising difficulties and costs that can commonly be ignored resulting in increased scrutiny from the regulator, according to a technical specialist.
The financial advice industry bodies have praised a new proposed advice framework put together by the Financial Service Council (FSC) which it says could reduce the cost of advice by almost 40 per cent.
Recent developments in legal professional privilege (LPP) has provided a wider scope of its applications in the tax space with the need to monitor how it will play out for practitioners and their clients.