Search ResultsShowing 91 - 100 of 100+ results for "Treasury"
Macquarie axes SMSF residential property loans
ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... property in 2015. Banks have phased out these limited recourse borrowing arrangements under some political pressure. The Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2018 is still not passed, but if it is, the outstanding loan amount ...
Codes of conduct to be made enforceable
ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... recommendation from the Royal Commission that financial service industry codes of conduct should be enforceable by ASIC. The Treasury released a consultation paper addressing this point from Hayne's report, outlining further regulatory power for ...
Chief economist update: Be fearful when indicators show no fear
BENJAMIN ONG  |  MONDAY, 18 MAR 2019
... Shanghai composite index is up 21.2%. This makes perfect sense, especially given bond yields have been falling: US 10-year treasury bond yield down by 0.09% to 2.59% since the start of 2019; Australia down by 0.34% to 1.98%; Eurozone down by 0.16% to ...
Benchmark APRA against global counterparts: Treasury
KANIKA SOOD  |  FRIDAY, 15 MAR 2019
... APRA capability review has now commenced, with a three-person panel appointed by Federal Treasurer Josh Frydenberg. The Treasury is seeking responses on the consultation for the next 26 days, through April 10. The terms of reference state the panel should ...
NAB agrees to RC wealth recommendations
HARRISON WORLEY  |  FRIDAY, 15 MAR 2019
... to allow mortgage brokers to continue collecting trailing commissions earlier this week, NAB said it will work with Treasury's working group to "ensure that the broking industry remains viable, customers have choice and get the best possible outcomes ...
Rejuvenated APRA asserts authority
KARREN VERGARA  |  THURSDAY, 14 MAR 2019
... pending passage of a key Bill to strengthen APRA's enforcement powers however is hampering its new initiatives. Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No. 1) Bill 2019, which gives APRA greater ...
Chief economist update: Iron ore up or iron ore down?
BENJAMIN ONG  |  TUESDAY, 12 MAR 2019
... in 2019/20. With iron ore prices averaging around US$72.31/tonne so far this fiscal year - nearly US$20 higher than Treasury's projections - they'll help counteract the slowing economy and at the same time allow Prime Minister Scott Morrison ...
Consultation opens for claim handling changes
HARRISON WORLEY  |  MONDAY, 4 MAR 2019
... change. One such concern is that claims handling staff may suddenly be deemed as providing personal financial advice. A Treasury consultation paper released late last week argues removing just the insurance claims handling exemption might create uncertainty ...
Equity Trustees acquires superannuation trustee
KARREN VERGARA  |  TUESDAY, 26 FEB 2019
... trustee services businesses. Its acquisition of OneVue RE Services (now known as EQT Responsible Entity Services) and Treasury Capital (now known as Equity Trustees UK & Europe) in 2017, also contributed to revenue growth. EQT's NPAT increased 17.3% ...
Super needs a clear objective: Cooper
HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... agreeing that we need to proceed with implementing an objective of super. "But it fell down because the Government and Treasury would not commit to having adequacy as part of the objective."
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