The federal House of Representatives has passed the controversial amendments to FOFA late last night after a marathon debate on the issue.
With many members of both sides of the chamber rising to give support to or oppose the government’s amendments yesterday, the vote finally came at 9.27pm last night.
The House divided, with 82 members voting in favour of the Bill and 50 voting against, a vast majority voting along party lines, according to parliamentary records.
Clive Palmer – who will now be crucial in determining whether a second disallowance motion slated by Labor will be successful or not – seemingly was not present in the chamber or abstained from the vote.
More to come.
The corporate regulator addressed concerns with the new regime.
The digital solution has launched.
The digital platform for financial advisers and accountants has confirmed the new appointment.
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