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Showing 1031 - 1040 of 2575 results for "Treasury"

ASIC co-deputy chair named

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
... and service providers - particularly new entrants - benefit from a more competitive financial system." Introducing the Treasury Laws Amendment (Enhancing ASIC's Capabilities) Bill enacts a recommendation from the Financial System Inquiry and the ASIC ...

Australia ticks boxes for ultra-high-net-worth individuals

KARREN VERGARA  |  MONDAY, 12 MAR 2018
... 4% to 8% for foreign buyers, and increased its annual land surcharge from 0.75% to 2% in July 2017. In the same month, Treasury released a draft paper detailing proposed legislation to remove the main residence exemption for capital gains tax for foreign ...

Chief economist update: Three minutes

BENJAMIN ONG  |  MONDAY, 26 FEB 2018
... guidance is best explained by Bank of England (BOE) governor Mark Carney. In his testimony before the UK Parliament's Treasury Committee, Carney remarked that, "...the financial markets have started to move with the underlying data so the expectations ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 23 FEB 2018
... contrary to RBA expectations. There were no price targets in the RBA minutes but perhaps, it's at or close to the Federal Treasury's US$55/tonne projected in the Mid-Year Economic and Fiscal Outlook (MYEFO) report for 2017-18, released in December last ...

ATO to advance early release of super: O'Dwyer

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
Draft legislation that allows the ATO to facilitate the early release of superannuation is open for consultation. Treasury has released the exposure draft overnight that aims to expedite the early release of super funds and "improve the integrity of ...

O'Dwyer names CIPR advisory group

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2018
... delivers on providing Australians with retirement income. The primary responsibility of the group will be to work with Treasury on shaping possible options and provide advice as to the scope of a retirement covenant in the Superannuation Industry Supervision ...

SMFSA voices support for AFCA

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
... Superannuation Complaints Tribunal into one governing body, which was approved in parliament yesterday. Under the passage of the Treasury Laws Amendment (Putting Consumers First - Establishment of the Australian Financial Complaints Authority) Bill ...

IOOF partners with GROW Super

KARREN VERGARA  |  TUESDAY, 13 FEB 2018
... to better superannuation and ultimately life outcomes," Wilson said. Separately, IOOF has voiced its concerns over the Treasury's proposal to allow victims of violent crime to access the perpetrator's superannuation within limited circumstances. IOOF ...

BlackRock veteran joins Grant Samuel

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2018
... roles, executive vice president, head of fixed income. Early in his career, Miller was a research officer for the Federal Treasury and also served as private secretary to then Prime Minister Paul Keating. "Steve brings over 30 years' experience in international ...

Fintechs save time: Spot poll

KARREN VERGARA  |  MONDAY, 12 FEB 2018
... services. However, giving consumers more control does not automatically translate to immediate benefit. In its submission to Treasury's review of open banking in Australia, Fintech Australia described the initiative as vital but notes several shortcomings ...