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Showing 91 - 100 of 100+ results for "Scott Morrison"

Super industry welcomes Age Pension backflip

HARRISON WORLEY  |  THURSDAY, 6 SEP 2018
Key superannuation industry bodies have welcomed the Federal Government's decision to back flip on its longstanding proposal to increase the Age Pension age to 70. ISA deputy chief executive Matt Linden said the peak body for industry superannuation ...

Federal oversight of financial services sector clarified

JAMIE WILLIAMSON  |  TUESDAY, 4 SEP 2018
... month's Liberal Party leadership spill saw the dedicated financial services portfolio dropped by new Prime Minister Scott Morrison. Treasurer Josh Frydenberg has now confirmed that responsibility for the sector will be split between himself and Assistant ...

Morrison drops financial services portfolio

JAMIE WILLIAMSON  |  MONDAY, 27 AUG 2018
... omission, the dedicated financial services portfolio has been scrapped by Australia's latest Prime Minister, Scott Morrison. Announcing a new-look ministry following the Liberal Party's leadership spill last week, the standalone financial services ...

Australia's weekus horribilis

BENJAMIN ONG  |  MONDAY, 27 AUG 2018
... Australian Prime Minister Malcolm Turnbull's leadership of the Liberal Party and ended with the sitting Treasurer Scott Morrison emerging as the country's 30th Prime Minister. And oh, the sixth head of Australia since Julia Gillard started the trend ...

Scott Morrison becomes Prime Minister, markets react

KANIKA SOOD  |  FRIDAY, 24 AUG 2018
Scott Morrison will be Australia's next Prime Minister, after he beat Peter Dutton 45-40 in a Liberal Party leadership ballot. The ASX 200 jumped on the news, after trending downwards since Monday. It hit its highest at 1.05pm, when it was up 0.33% ...

Customer data protections progress

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
... Government's proposal, customers will determine which data is shared, on what terms and with whom. Federal Treasurer Scott Morrison said the Consumer Data Right is a right for customers and not for those who wish to access or use a customer's data. "No ...

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... compliance by licensees and advisers with the Future of Financial Advice laws. In a joint statement, Treasurer Scott Morrison and Minister for Financial Services and Revenue Kelly O'Dwyer said: "The Turnbull Government is committed to ensuring ASIC ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... panacea" and will unlikely be an effective regulatory response to competition concerns in this segment. Treasurer Scott Morrison told a media event there is a "much bigger opportunity" for competition to open up in superannuation. "I think there are ...

New lead for Productivity Commission

JAMIE WILLIAMSON  |  MONDAY, 16 JUL 2018
... deputy secretary of the Victorian Department of Treasury and Finance. In announcing the appointment, Treasurer Scott Morrison said: "I congratulate Mr. Brennan on his appointment and look forward to him making a significant contribution to the important ...

Default life insurance reforms ineffective: Research

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
... retirement savings and cost the economy $2.46 billion annually, latest research from AIA Australia shows. Treasurer Scott Morrison announced in this year's Budget that superannuation funds will move from the default life insurance arrangements for members ...