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Showing 1171 - 1180 of 1257 results for "Royal Commission"

Industry associations merge

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
... said. AIST will be holding its first chief executive forum on December 7 in Melbourne. In light of the banking Royal Commission announced yesterday, AIST said broadening the scope to include superannuation was an "unnecessary measure and a waste of taxpayer ...

ASFA disappointed in Royal Commission scope

EMMA RAPAPORT  |  FRIDAY, 1 DEC 2017
The Association of Superannuation Funds of Australia (ASFA) is disappointed the Royal Commission into banks and financial services has included the $2.5 trillion super system. In a statement ASFA said further scrutiny of the sector, which is already ...

Government superannuation bills will stand despite Royal Commission: O'Dwyer

EMMA RAPAPORT  |  FRIDAY, 1 DEC 2017
The inclusion of superannuation in the Royal Commission into banks and the broader financial services sector will not delay any proposed or announced policy initiatives on super, Minister for Revenue and Financial Services Kelly O'Dwyer has confirmed. ...

Government caves to banking Royal Commission

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
The Turnbull Government announced it will establish a royal commission into the alleged misconduct of banks, insurers and superannuation funds. The inquiry will also investigate the regulators' ability to identify and address misconduct, but will not ...

Labor, FSU call for Royal Commission

KARREN VERGARA  |  TUESDAY, 29 AUG 2017
APRA's inquiry into the Commonwealth Bank reinforces an urgent need for a banking Royal Commission, according to Labor and the Finance Sector Union of Australia. If there are doubts about the need for a Royal Commission a year ago, there can be no doubts ...

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
... Finance Sector Union of Australia has used the opportunity to call on Prime Minister Turnbull to initiate a banking Royal Commission, noting: "The latest allegations made against the CBA should be more than enough to finally convince Prime Minister Malcolm ...

Royal Commission unnecessary: FSC

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
A Royal Commission into the financial services sector is unnecessary given the amount of substantial reforms and remediation the industry has already undertaken, the Financial Services Council said. In responding to Shadow Treasurer Chris Bowen's push ...

Labor unyielding on banking Royal Commission

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
The ambit of the Labor Party's proposed banking Royal Commission will extend to all elements of financial services should it be elected to office, Shadow Treasurer Chris Bowen told the FSC Leaders Summit. Bowen made it clear the proposed banking Royal ...

Banks narrowly avoid parliamentary inquiry

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
Australian banks have narrowly dodged the possibility of facing a Royal Commission-style inquiry after a Green's Bill to establish a Parliamentary Commission of Inquiry fell short by a single vote in the House of Representatives yesterday. The Bill ...

Budget undermining super: Labor

KARREN VERGARA  |  WEDNESDAY, 10 MAY 2017
... however, support the major banks levy despite disagreeing with the Coalition downplaying the need for a banking Royal Commission. Chalmers added there is no substitute for a banking royal commission as it would get to the bottom of the issues in the ...