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Showing 1 - 10 of 42 results for "Turnbull Government"

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... statement, Treasurer Scott Morrison and Minister for Financial Services and Revenue Kelly O'Dwyer said: "The Turnbull Government is committed to ensuring ASIC is equipped with the resources and powers it needs to effectively detect, deter and punish ...

SuperStream changes consultation opens

HARRISON WORLEY  |  THURSDAY, 19 JUL 2018
... Kelly O'Dwyer said the change would make it easier for Australians choosing to manage their own super. "The Turnbull Government is supporting Australians who choose to manage their own superannuation through an SMSF by making it easier for them to roll ...

Government cuts SMSF red tape

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
The move by the Turnbull Government to release a discussion paper to change the annual audit cycle for some self-managed superannuation funds to three years has been welcomed by the SMSF Association. Minister for Revenue and Financial Services Kelly ...

Amnesty granted to employers with unpaid SG

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
... "While this represents a 95% compliance rate, any level of non-compliance is unacceptable, which is why the Turnbull Government is giving the ATO the tools it needs to enforce compliance going forward," Minister of revenue and financial services Kelly ...

Labor responds to 'unfair' Budget

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... adjusted to $200,000, to account for inflation and expected wage movements over the next seven years. Under the Turnbull Government's personal tax plan, most working Australians earning above $41,000 are likely to never face a higher marginal tax rate ...

Federal government responds to white collar crime Senate inquiry

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... credit licensees in the conduct of their business where necessary to address or prevent risk to consumers. "The Turnbull Government is increasing penalties for corporate and financial misconduct to protect Australian consumers. These strong new penalties ...

Government targeted for delaying Royal Commission

ALEX BURKE  |  FRIDAY, 20 APR 2018
The Turnbull Government's initial resistance to the Royal Commission was targeted by social media this week. Perhaps unsurprisingly, much of the criticism was leveled by Labor and Greens politicians - although the former Deputy Prime Minister also expressed ...

Government ramps up ASIC powers

ALEX BURKE  |  FRIDAY, 20 APR 2018
In light of the Royal Commission, the Turnbull Government has increased criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers. Treasurer Scott Morrison and Minister for Revenue and Financial Services Kelly O'Dwyer ...

Government reappoints ASIC executives, creates new role

KANIKA SOOD  |  MONDAY, 19 MAR 2018
... topped up for one year, from 6 May 2018 to 5 May 2019. Kell has been ASIC's deputy chairperson since 2013. The Turnbull Government plans to introduce legislation in the coming weeks to create the new deputy chair role.

Government passes BEAR reform

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
... Morrison said: "This legislation is part of a broader suite of financial services reforms delivering on the Turnbull Government's commitment to put consumers first, ensuring Australians can have trust and confidence in the banking system." Large authorised ...
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