Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 100+ results for "Treasurer Josh Frydenberg"

Chief economist update: Australian recession - the next generation

BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
Technically, we're not there yet but Federal Treasurer Josh Frydenberg opted not for a stay of execution and acknowledged that Australia's 29-year recession-free run is over. "Well, the answer to that is yes. And that is on the basis of the ...

Expats sweat as main residence CGT cut-off looms

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... has started a petition on Change.org, and has also written to seven members of parliament, including Treasurer Josh Frydenberg. Despite the petition gaining nearly 1000 signatures, with figures growing every day, Ridley said the letters have gone unnoticed. ...

Government offers guidance provision relief

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... falling foul of their continuous disclosure obligations if their forecasts are found to be inaccurate," Treasurer Josh Frydenberg said. "In response, companies may hold back from making forecasts of future earnings or other forward-looking estimates ...

Litigation funders will need AFSLs

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... regulated under the Corporations Act and required to hold an Australian financial services licence, Treasurer Josh Frydenberg announced today. The Treasurer said the government wants litigation funders to be subject to greater regulatory oversight. "Litigation ...

Australia facing largest ever GDP fall

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
Treasurer Josh Frydenberg outlined a bleak future for the Australian economy in a speech to parliament, forecasting GDP to fall over 10% in the June quarter. The figure would be the largest contraction in GDP in Australia's history. "At $50 billion ...

Government delays RC implementation timeline

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
... Commission related draft exposure legislation issued before the pandemic will be extended by six months. Treasurer Josh Frydenberg said the deferral would allow the industry to focus on "planning for the recovery and supporting their customers". "This ...

Frydenberg amends Corporations Act

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
Treasurer Josh Frydenberg has announced changes to the Corporations Act, in a bid to relieve Australia's public companies from financial stress over the coming months. The changes, enacted from May 5, allow companies to hold virtual Annual General Meetings ...

Chief economist update: The outlook for Australia, according to COVID-19

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2020
... government's JobSeeker payments that limited the issuance of pink slips. But even this isn't good enough. Treasurer Josh Frydenberg estimates that the economy will lose A$4 billion for every week restrictions remain. It's a tough choice - ...

Lockdown measures cost $4bn a week: Frydenberg

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
Treasurer Josh Frydenberg has revealed the COVID-19 social restrictions are costing the Australian economy $4 billion a week. New analysis from Treasury estimates the mass closure of businesses and activities, designed to stop the spread of the virus ...

More super funds will merge: QMV

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... funds, if they haven't already been talking about merging, COVID-19 will push it up the agenda." Treasurer Josh Frydenberg has pointed out that APRA does have the ability to direct super funds to merge, and has implied that this could be the outcome ...