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Showing 91 - 100 of 2244 results for %22Treasury%22

Treasury mandates APRA consider climate risks in duties

RACHEL ALEMBAKIS  |  FRIDAY, 9 JUN 2023
Treasury has released an updated statement of expectations for APRA which includes the adoption of climate reporting standards by super funds, banks and insurers. "For the first time, the government is explicit in requiring the regulator to consider ...

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... with the embattled management consultancy are keeping a watchful eye on developments. As reported by Financial Standard, Treasury has referred PwC to the Australian Federal Police (AFP) for investigation. Australian Treasury Secretary Steven Kennedy ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... to review laws that would impact franked dividends funded by capital raisings. In February, the government tabled the Treasury Laws Amendment (2023 Measures No.1) Bill 2023 which among other things sought to standardise the tax treatment of on-market ...

Adviser registration extended to October

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... registration deadline for several reasons. This will allow time for parliament to consider the improvements proposed by the Treasury Laws Amendment (2023 Measures No. 1) Bill 2023, which is currently before the senate. ASIC said it also wants to provide ...

AMP restructures wealth management, chief exits

KARREN VERGARA  |  MONDAY, 29 MAY 2023
... entity such as statutory and regulatory reporting, performance reporting, and tax, in addition to investor relations, treasury, workplace experience and transformation. Other than AWM, what is left of AMP following a turbulent period since the Hayne ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... Sunday their agreement to raise the $48 trillion (US$31.4 trillion) debt ceiling following a warning from Secretary of Treasury Janet Yellen that the government would run out of money on June 5. "We still have a lot of work to do but I believe this is ...

VanEck reduces fees on NUGG

CHLOE WALKER  |  MONDAY, 29 MAY 2023
... with opportunities to access the best investment outcomes." Meanwhile, VanEck launched its 33rd ETF, the 1-3 Month US Treasury Bond ETF (TBIL) on the ASX last week.

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
Treasury has proposed a 1.5% increase in the Financial Institutions Supervisory Levies for the 2023-24 financial year, including a $7.2 million budgetary boost for APRA. Treasury papers revealed the total funding required under the levies in 2023-24 ...

Treasury hands PwC tax scandal to AFP

CASSANDRA BALDINI  |  THURSDAY, 25 MAY 2023
... the embattled PwC will commence following Treasury's referral to the Australian Federal Police (AFP). Australian Treasury Secretary Steven Kennedy announced the matter, in which PwC senior partners shared information obtained during a confidential ...

Experience pathway could create two adviser tiers

KARREN VERGARA  |  TUESDAY, 23 MAY 2023
... create two tiers of financial advisers and confuse consumers about who is and isn't qualified to provide advice. As Treasury mulls over finalising education standards for experienced financial advisers and new entrants, which ended on May 3, The ...