Search ResultsShowing 1 - 10 of 100+ results for "Federal Government"
New AFCA remit not enough: Law firm
KANIKA SOOD  |  MONDAY, 17 JUN 2019
... Complaints Authority after the Royal Commission are flawed and need urgent amendment. In February, the Federal Government expanded AFCA's remit to give it the power to review eligible financial complaints from 1 January 2008 onwards for the ...
Retirement income review welcomed: Poll
KARREN VERGARA  |  THURSDAY, 6 JUN 2019
The Federal Government's pledge to review the retirement income system and the numerous proposed improvements to superannuation has been welcomed by readers polled in Financial Standard 's latest survey. More than half (53%) of the respondents ...
Chief economist update: The Budget surplus can wait
BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... March quarter from 2.6% in the previous three-month period. It's too early to tell whether or not the Federal Government's tax giveback (from July 1) will be spent or saved. But with mounting concerns over the Australian economy ...
Super funds can spearhead infrastructure: Expert
HARRISON WORLEY  |  WEDNESDAY, 29 MAY 2019
... industry superannuation funds, Industry Super Australia, suggested industry funds could partner with the Federal Government with respect to infrastructure. In a media release welcoming the appointment of Hume and her ministerial colleagues to ...
Government to revisit retirement incomes
KARREN VERGARA  |  MONDAY, 27 MAY 2019
The newly elected Federal Government has vowed to review the retirement income system and the numerous changes to superannuation that have been muted in the lead up to the election . Federal Treasurer Josh Frydenberg confirmed to the Australia ...
Superannuation Consumer Advocate proposal needs work
KARREN VERGARA  |  THURSDAY, 4 APR 2019
The Federal Government's plan to launch a superannuation consumer advocate body requires more funding and a long-term commitment from the industry and political parties, according to consumer groups. CHOICE and the Superannuation Consumers' ...
Budget: RC response to cost over $600m
HARRISON WORLEY  |  TUESDAY, 2 APR 2019
The Federal Government's response to the Royal Commission into Misconduct in Financial Services is set to cost more than half a billion dollars. The Federal Government has committed $606.7 million over the next five years to facilitate its response ...
AustralianSuper hikes insurance fees
KARREN VERGARA  |  TUESDAY, 2 APR 2019
AustralianSuper is increasing the cost of insurance, blaming the Federal Government's recent Protecting Your Super legislation for the changes. On 1 June 2019, the cost of TPD and income protection cover will rise for AustralianSuper members ...
Board of Taxation reviews granny flat taxes
ELIZABETH MCARTHUR  |  MONDAY, 1 APR 2019
... aid lawyers and advocates who represent those suffering from elder abuse. The consultation comes after the federal government requested that the Board of Taxation conduct a review late last year. At the time, assistant treasurer Stuart Robert said ...
Frydenberg takes action on banning grandfathered commissions
HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
Consultation is now open for the Federal Government's response to Commissioner Kenneth Hayne's recommendation that grandfathered conflicted remuneration should be eliminated. The new regulation proposes financial product manufacturers to pass on to ...
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