Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 2256 results for "Treasury"

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
... any future changes to the superannuation system throughout both the accumulation and retirement phases." According to Treasury, the objective won't affect existing trustee obligations or how members money can be invested. Instead, it serves as a ...

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023
... being the Commonwealth of Australia, the Australian Office of Financial Management chief executive, and the Department of Treasury secretary. Other bond investors have also been invited to put forward their views on the settlement, which the court will ...

Evolution Trustees responds to likely wholesale definition change

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
... established a division to help investment houses transition their wholesale funds to retail. The move is in response to Treasury's review of managed investment schemes and consultation on the wholesale client definition, with Evolution Trustees saying ...

Treasury names new ASIC commissioners

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
... executive Alan Kirkland, Commonwealth Bank chief risk officer for institutional bank and markets Simone Constant, and Treasury's first assistant secretary Katherine O'Rourke will take up their new roles this year. O'Rourke previously worked at ASIC from ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
Treasury is expected to launch consultation focused on retirement spending and income configurations, to address concerns regarding the role of super funds in helping members transition to retirement. It follows the release of the 2023 Intergenerational ...

High rates impacting REITs: Quay

CHLOE WALKER  |  FRIDAY, 11 AUG 2023
... by 16% and 17% respectively. Over the same period, bonds also started selling off, Blaess said. In the US, the 10-year treasury yield, the benchmark risk-free rate rose from 1.4% to the current rate of 4.0%, peaking as high as 4.3% along the way. "The ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
... involved in the production of alcohol (including Budweiser Brewing Company APAC Ltd, Carlsberg AS, Heineken Holding NV and Treasury Wine Estates Ltd); and 19 companies involved in gambling (including Aristocrat Leisure Limited, Caesar's Entertainment ...

Treasury consults again on FFSP exemptions

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
... opened fresh consultation on its plans to introduce new licensing exemptions to foreign financial services providers. Treasury has opened consultation on Treasury Laws Amendment (Measures for Future Bills) Bill 2023: Licensing Exemptions for Foreign ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
The $2.7 trillion managed investment scheme industry is set for a shakeup as a new review is proposing changes that include amending financial thresholds, and liquidity and insolvency requirements. Assistant treasurer Stephen Jones has opened consultations ...

Mayfair 101 calls for senate inquiry into ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 2 AUG 2023
... what triggered the regulator's investigation. Chester and Hempton previously worked together at the Department of Treasury in the 1990s. According to a timeline of events, less than 24 hours after the email was sent, an ASIC staff member drafted ...