Search ResultsShowing 51 - 60 of 100+ results for "Treasury"
Budget: RC response to cost over $600m
HARRISON WORLEY  |  TUESDAY, 2 APR 2019
... such as the Financial Ombudsman Service. The Financial Services Reform Implementation Taskforce set up within Treasury to carry out the Government's responses and co-ordinate reform efforts with APRA, ASIC and other agencies through an ...
Treasury proposes standardised default insurance definitions
KARREN VERGARA  |  FRIDAY, 29 MAR 2019
Commissioner Kenneth Hayne's push to have 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 ...
Frydenberg takes action on banning grandfathered commissions
HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
... grandfathered conflicted remuneration for financial advisers last February. The new regulations - in the form of a Treasury Laws amendment - propose to change the Corporations Regulations to allow any conflicted remuneration payable after 1 ...
Chief economist update: A question of when?
BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
... The inversion needs to be sustained for longer (not just a day)." Today marks the fourth day of the US 10Y Treasury/1Y T-note yield inversion and the third negative yield differential between the tenners and the 3-month bill rate. ...
CFR, ATO report on SMSF borrowing arrangements
ELIZABETH MCARTHUR  |  MONDAY, 25 MAR 2019
... APRA's lending standards have been strengthened and ASIC's scrutiny of responsible lending compliance has increased. Treasury said in a statement that the Financial Adviser Standards and Ethics Authority's setting of new educational requirements ...
Chief economist update: Woe to the world
BENJAMIN ONG  |  MONDAY, 25 MAR 2019
... is up 7.2% and China's Shanghai composite index is up 21.2%. "Bond yields have been falling: US 10-year Treasury bond yield down by 0.09% to 2.59% since the start of 2019; Australia down by 0.34% to 1.98%; Eurozone down by 0.16% to ...
Macquarie axes SMSF residential property loans
ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... in 2015. Banks have phased out these limited recourse borrowing arrangements under some political pressure. The Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2018 is still not passed, but if it is, the outstanding loan ...
Codes of conduct to be made enforceable
ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... from the Royal Commission that financial service industry codes of conduct should be enforceable by ASIC. The Treasury released a consultation paper addressing this point from Hayne's report, outlining further regulatory power for ASIC. ...
Chief economist update: Be fearful when indicators show no fear
BENJAMIN ONG  |  MONDAY, 18 MAR 2019
... composite index is up 21.2%. This makes perfect sense, especially given bond yields have been falling: US 10-year treasury bond yield down by 0.09% to 2.59% since the start of 2019; Australia down by 0.34% to 1.98%; Eurozone down by 0.16% to ...
Benchmark APRA against global counterparts: Treasury
KANIKA SOOD  |  FRIDAY, 15 MAR 2019
... 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 state the panel ...
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