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

Search Results

Showing 91 - 100 of 1713 results for %22Treasurer%22

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
Assistant treasurer Stephen Jones has opened consultations that aim to make the superannuation performance test more accurate by updating the benchmarks and extending the testing period. These are among the proposed changes to the Your Future, Your ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
... performance test and extend the performance period to 10 years. Starting with the highly contested performance test, assistant treasurer Stephen Jones said superannuation funds can expect the benchmarks to be updated for the 2023 testing period. "The ...

Objective will not achieve any real purpose: IFPA

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... Financial supported the government's proposed objective for superannuation. At the ASFA Conference in February, Shadow Treasurer Angus Taylor also supported the principle of an objective for superannuation but disagreed with additional mandates like ...

New laws to end unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... dodgy employers, the government is introducing new legislation to combat the underpayment of workers' superannuation. Treasurer Jim Chalmers announced that new legislation will be introduced to Parliament this week, focused on enshrining workers' right ...

We need to be ready: APRA

CASSANDRA BALDINI  |  WEDNESDAY, 29 MAR 2023
... evolving, as are the defences institutions can deploy to mitigate this risk," he said. Speaking at the same event, assistant treasurer Stephen Jones explained the government is working across "four key limbs" when it comes to cybersecurity. He said firstly ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
... its dominance may begin to diminish as businesses explore alternative providers of clearing and settlement services. Treasurer Jim Chalmers said the legislative changes were part of a larger plan to strengthen Australia's financial system. "The changes ...

Jones to prioritise CSLR legislation

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
Assistant treasurer Stephen Jones flagged he will prioritise the passage of the Compensation Scheme of Last Resort (CSLR) laws in a bid to strengthen consumer protections. "Right now, there are around 2000 cases on hold with the Australian Financial ...

Super a big national advantage: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
Addressing the Conference of Major Super Funds in Melbourne this morning, Treasurer Jim Chalmers said the superannuation system is one of the reasons he feels optimistic about the future of the economy, though remained realistic about possible challenges ...

Spotlight shines brighter on climate reporting: Expert

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... pulled parts of their climate and responsible investment reportage from their websites," she said. Last December federal treasurer Jim Chalmers opened a consultation on developing a climate risk disclosure framework for Australia. "This internationally-aligned ...

NSW Premier promises 'future fund' for children

CHLOE WALKER  |  TUESDAY, 14 MAR 2023
... accounts only created for newborns from 2024 onward. It's estimated there's about 974,000 kids under 10 in NSW today. Treasurer Matt Kean said the Kids Future Fund was an investment in the dreams and aspirations of the children of the State. "We know ...