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Showing 91 - 100 of 290 results for "Finance Minister"

Expect more regulation on 'too-big-to-fail': Hockey

LAURA MILLAN  |  MONDAY, 22 SEP 2014
Large financial institutions considered "too big to fail" are likely to be required to have additional protections in case they fail, Treasurer Joe Hockey said at the G20 meeting of Finance ministers in Cairns this weekend. Hockey said that the Financial ...

Hockey wants Sinodinos back

JAMES FERNYHOUGH  |  TUESDAY, 16 SEP 2014
... be called as a witness in the ICAC inquiry into Australia Water Holdings (AWH). He was temporarily replaced by Finance Minister Mathias Cormann. Two key policy areas - regarding the role of the Fair Work Commission in the choice of default superannuation ...

SG frozen till 2021, industry 'dismayed'

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... Minerals Resource Rent Tax Repeal and Other Measures Bill 2014. In a joint statement, Treasurer Joe Hockey and Finance Minister Mathias Cormann said the measure would save the budget around $50 billion over the next decade. Hockey described it as "a ...

Market Wrap AM

AAP  |  FRIDAY, 15 AUG 2014
... for the first time in 15 months, under growing government pressure including warnings of recession from the new finance minister. WELLINGTON - The NZX 50 Index rose 7.707 points, or 0.2 per cent, to 5062.411.

Senate saves the LISC

JAMES FERNYHOUGH  |  MONDAY, 21 JUL 2014
... many of whom are already behind on saving for retirement." However, in a joint release Treasurer Joe Hockey and Finance Minister Mathias Cormann said the move was unsustainable, claiming the three measures would cost $8.5 billion over the forward estimates. ...

Governments are 'out of money': Hockey

AAP, PETER TRUTE  |  FRIDAY, 18 JUL 2014
Treasurer Joe Hockey says governments are out of money and can only fund vital infrastructure with funds from the private sector. Hockey told the B20 summit of business leaders in Sydney that infrastructure is a key part of meeting a two per cent increase ...

Cormann tables adviser register to "weed out bad apples"

LAURA MILLAN  |  THURSDAY, 17 JUL 2014
... Association (FPA) said after the government announced the creation of a working group to consult with stakeholders. Finance Minister Mathias Cormann said that the group will begin its consultation process "shortly" and will report to the government by ...

Senate votes against disallowing FoFA amendments

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
... The motion to disallow the government's regulation did not pass as 34 senators voted against and 31 in favour. Finance Minister Mathias Cormann said during the Senate's afternoon session that "our friends at the Palmer United Party came to us with some ...

Intra-fund advice exemptions in doubt

JAMES FERNYHOUGH  |  TUESDAY, 8 JUL 2014
... members for financial advice if the Senate blocks the amendments to the Future of Financial Advice (FoFA) reforms, Finance Minister Mathias Cormann has said. Singling out exemptions made by the previous government allowing super funds to charge members ...

Government still mulling response on Senate report

LAURA MILLAN AND AAP  |  THURSDAY, 3 JUL 2014
... Advice Review program announced today while it works on its response to the Senate Economics Committee report. Finance Minister Mathias Cormann said that it was "appropriate, indeed it was necessary, that CBA CEO Ian Narev answered questions raised by ...