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Showing 21 - 30 of 757 results for "Senate"

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... Congressional Democrats and I have fought long and hard for," he said. The agreement has been passed to the United States House and Senate. "I strongly urge both chambers to pass that agreement," he concluded. UNSW Business School of Economics associate ...

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... supercharged political partisanship - with Republicans controlling the House of Representatives and Democrats controlling the Senate and the White House - has only served to heighten market concerns that we might not see a political compromise on the ...

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... over proposed laws that will impact franking credits for distributions funded by capital raisings. In a submission to the Senate Economics Committee, due to report on May 26, the SMSF Association said that amendments in Schedule 5 to the Bill - Treasury ...

Could a four-day workweek save the day?

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... role in closing the gender pay gap in retirement. This month, Labor and Greens senators backed a recommendation by the Senate work and care committee to trial a four-day work week at full pay. The committee, chaired by Greens senator Barbara Peacock ...

Invest Blue trials nine-day fortnight for advisers

CASSANDRA BALDINI  |  MONDAY, 13 MAR 2023
... productivity, the financial advice firm is the latest to try a less traditional working week. The announcement follows a new Senate committee report backing the move to a four-day working week and a national trial involving 20 organisations across a ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
A Senate Economics Committee inquiry will scrutinise the government's proposed changes to franking credits, which target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced ...

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
... longer term inflation expectations well anchored," he said. Earlier in the week, Powell gave an identical speech before the Senate Banking, Housing and Urban Affairs Committee following the submittal of the semiannual monetary policy report to Congress. ...

Government housing measures progress

CASSANDRA BALDINI  |  THURSDAY, 16 FEB 2023
... Finance and Investment Corporation to Housing Australia and streamline its functions," she said. "It will now head to the Senate, along with our legislation to establish the $10 billion Housing Australia Future Fund, which passed the lower house last ...

ASIC dodges PGPA investigation questioning

CASSANDRA BALDINI  |  THURSDAY, 16 FEB 2023
... about ASIC commissioners investigated under the Public Governance Performance and Accountability (PGPA) Act. Fronting the Senate Economics Legislation Committee, Longo spoke of the importance of transparency and accountability. "I welcome accountability ...

I know it's hard, but it could be harder: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
Appearing at a Senate hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe said people have forgotten how corrosive inflation is. The governor explained the RBA has one priority and that is to bring inflation down. "Inflation at the moment ...