Australian fund-passport proposal is a "long-term" plan

Feb 17, 2010

New recommendations for the fund industry in Australia are likely to be considered alongside tax-rule changes proposed in December, says Geoff Weir of the Australian Financial Centre Forum.

Australia is scaling up its efforts to engage with the wider business and financial community in Asia. Free-trade agreement talks with China are reportedly expected to resume on February 24, and changes to tax and financial rules are under consideration by the government.

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