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Showing 1 - 10 of 24 results for "Assistant Treasurer Stuart Robert"

Treasury agreed with Grattan SG modelling

KANIKA SOOD  |  TUESDAY, 24 SEP 2019
... salary earners (based on inflation adjusted incomes)," Treasury ministerial submission to the assistant treasurer Stuart Robert eventually said on November 6. Grattan Institute's report made three main recommendations on adequacy of retirement income ...

Government to revisit retirement incomes

KARREN VERGARA  |  MONDAY, 27 MAY 2019
... proposal for consultation, the covenant was ultimately put on the back burner. In late 2018, then Assistant Treasurer Stuart Robert announced the Covenant would be legislated by 1 July 2019 and commence on 1 July 2020.

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
... some instances, underperforming funds will be forced to merge or exit the industry, she warned. Assistant Treasurer Stuart Robert said the legislation will help safeguard the retirement savings of millions of Australians and ensure that APRA can take ...

Coalition to boost retail access to corporate bonds

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 APR 2019
... consulting on reforms to develop the corporate bond market. Following the release of the Budget, Assistant Treasurer Stuart Robert said: "A strong retail corporate bond market will benefit both Australian businesses and Australian investors." "It provides ...

Board of Taxation reviews granny flat taxes

ELIZABETH MCARTHUR  |  MONDAY, 1 APR 2019
... government requested that the Board of Taxation conduct a review late last year. At the time, assistant treasurer Stuart Robert said: "The Government is committed to protecting the rights of older Australians." "We have committed an additional $22 million ...

FASEA confirms CFP recognition

HARRISON WORLEY  |  TUESDAY, 26 MAR 2019
... relevant provider's degrees, qualifications and courses. The recognition was first flagged by Assistant Treasurer Stuart Robert in October last year at the Association of Financial Advisers' national conference on the Gold Coast. In his maiden speech ...

Robert slates industry over inactive accounts

HARRISON WORLEY  |  THURSDAY, 21 MAR 2019
Assistant Treasurer Stuart Robert has taken aim at the financial services industry over its "lazy" attitude in dealing with inactive superannuation accounts. Speaking at the Financial Services Council's Life Insurance Conference in Sydney this morning ...

Government launches TPB review

HARRISON WORLEY  |  WEDNESDAY, 6 MAR 2019
... review into the effectiveness of the Tax Practitioners Board. In a media release on Tuesday Assistant Treasurer Stuart Robert said the review would examine the TPB's effectiveness in ensuring tax agent services are provided to the public "in accordance ...

Government consults on super legislation

HARRISON WORLEY  |  TUESDAY, 5 MAR 2019
... legislation amending various pension related aspects of super legislation for consultation. On Monday, Assistant Treasurer Stuart Robert said the proposed changes to super legislation would correct the way market-linked pensions are valued under the ...

Consultation opens for claim handling changes

HARRISON WORLEY  |  MONDAY, 4 MAR 2019
... significant benefit as a result. Speaking at the Insurance Council national conference last week, Assistant Treasurer Stuart Robert said the consultation paper's proposed model of removing the current exemption and then defining handling and settling ...
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