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Showing 91 - 100 of 276 results for "House of Representatives"

Byres warns not to spread APRA too thin

HARRISON WORLEY  |  MONDAY, 12 AUG 2019
... plate, APRA chair Wayne Byres has warned against spreading the regulator too thin. Appearing before the House of Representatives Standing Committee on Economics on Friday, APRA deputy chair John Lonsdale reiterated the prudential regulator's view ...

More scrutiny for super fund, insurance firm chiefs

KARREN VERGARA  |  MONDAY, 5 AUG 2019
... traditionally put the blowtorch on the chiefs of the four major banks. The Coalition has asked that the House of Representatives Standing Committee on Economics to expand its remit to inquire into the broader financial services sector, as well as examine ...

Reform implementation timeframe too short: AustralianSuper

HARRISON WORLEY  |  WEDNESDAY, 17 JUL 2019
... said. "Parliament does not resume sitting until 22 July and this Bill is yet to be debated in either the House of Representatives or the Senate."

Inquiry denounces franking credit ban

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
The House of Representatives Standing Committee on Economics concluded Labor's proposal to remove refundable franking credits should not go ahead. Releasing the committee's final report last night, Liberal MP and committee chair Tim Wilson said the ...

MP slams prolonged grandfathered commissions carve out

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... commissions as of yesterday, the industry is receiving little sympathy from the Government. Deputy chair of the House of Representatives Standing Committee on Economics Review of the Four Major Banks, Matt Thistlethwaite, said last week that he doesn't ...

Don't expect super favouritism: Bowen

HARRISON WORLEY  |  MONDAY, 1 APR 2019
... preferring politics over policy - opposed our amendments, and has failed to bring the bill back to the House of Representatives for a vote." Bowen also said an elected Labor Government would make the universality of super a priority by gradually abolishing ...

NAB needs 500 staff for remediation

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... acknowledged the institution needs to go to great lengths to repay customers. In his opening statement to the House of Representatives Standing Committee on Economics, Chronican began by saying: "Let me start by acknowledging that as a bank we have let ...

Chief economist update: The Fed has hit neutral

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2019
... it, Powell will do a re-run tonight when he stands before the Committee on Financial Services in the House of Representatives. Also inferred from Powell's speech... "The job market remains strong. Monthly job gains averaged 223,000 in 2018, and payrolls ...

Super account consolidation to hurt AMP

HARRISON WORLEY  |  MONDAY, 18 FEB 2019
... manager said that barring any changes to the Protecting Your Super package - given it now heads back to the House of Representatives after the Senate's amendments last week - it would stand to lose $10 million in operating earnings this financial year. ...

Industry funds wary of stapling default members

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... superannuation funds," Federal Treasurer Josh Frydenberg said in a statement. The legislation needs to pass the House of Representatives, which returns next week.