Search ResultsShowing 21 - 30 of 100+ results for "Josh Frydenberg"
Treasurer courts retirees with new superannuation measures
KARREN VERGARA  |  TUESDAY, 2 APR 2019
Federal Treasurer Josh Frydenberg unveiled new superannuation measures on the eve of releasing the 2019-20 Budget in a bid to win over retirees. Frydenberg announced yesterday that 65 and 66-year-olds will be able to make voluntary superannuation ...
Treasury proposes standardised default insurance definitions
KARREN VERGARA  |  FRIDAY, 29 MAR 2019
... standardised terms and definitions for group insurance is open for consultation until April 26. Treasurer Josh Frydenberg is taking recommendation 4.13 from the Royal Commission's final report further by determining the cost and benefits and ...
Frydenberg takes action on banning grandfathered commissions
HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
... grandfathered conflicted remuneration remaining in contracts after 1 January 2021. Federal Treasurer Josh Frydenberg defined conflicted remuneration as the payment of a benefit to a financial adviser that incentivises them to recommend a ...
Regulators receive pre-Budget funding boost
HARRISON WORLEY  |  MONDAY, 25 MAR 2019
... an extra half a billion dollars to Australia's financial services regulators. Over the weekend, Treasurer Josh Frydenberg announced an extra $550 million would be dedicated to ASIC and APRA in the upcoming Federal Budget, boosting the ...
Codes of conduct to be made enforceable
ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... paper addressing this point from Hayne's report, outlining further regulatory power for ASIC. Treasurer Josh Frydenberg said in a statement: "This is another step forward as part of the government's continued action on all 76 ...
Zero tolerance approach to poor culture needed
KARREN VERGARA  |  MONDAY, 18 MAR 2019
... took a simplistic yet tough approach to solving the culture crises exposed by the Royal Commission. Treasurer Josh Frydenberg appointed Samuel in February to lead a capability review into APRA in response to the Royal Commission's final ...
Benchmark APRA against global counterparts: Treasury
KANIKA SOOD  |  FRIDAY, 15 MAR 2019
... The first APRA capability review has now commenced, with a three-person panel appointed by Federal Treasurer Josh Frydenberg. The Treasury is seeking responses on the consultation for the next 26 days, through April 10. The terms of reference ...
Mortgage broker trail commissions to stay
KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... to collect trailing commissions on new loans with a review slated for three years down the line, Treasurer Josh Frydenberg said yesterday. The competition regulator and the Council of Financial Regulators will conduct the review to determine how ...
Australia in effective recession: Academic
KANIKA SOOD  |  THURSDAY, 7 MAR 2019
... in Q4 of 2018 - it shows growth is negative," Holden said. Treasurer disagrees Speaking yesterday, Treasurer Josh Frydenberg did not agree. "If you want to look at a good indicator of living standards, then real net national disposable income is a ...
Grandfathered commissions ban splits industry: Poll
KARREN VERGARA  |  MONDAY, 25 FEB 2019
... products. There can be, and is, no justification for maintaining the grandfathering provisions." Treasurer Josh Frydenberg reaffirmed grandfathered commissions will be banned as of 1 January 2021. To ensure the benefits of industry renegotiating ...
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