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Showing 101 - 110 of 1072 results for "Commissioner"

Super funds fail to meet millennial members' expectations: ASIC roundtable

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
... that you deserve," Devine said. The roundtable, which also included financial content creator Queenie Tan and ASIC commissioner Simone Constant, highlighted a "significant transparency gap." Panellists discussed the need to improve access to information ...

'Our patience is running thin': ASIC

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
Australian Securities and Investments Commission (ASIC) commissioner Simone Constant did not hold back when addressing superannuation trustees at an industry event yesterday. Constant said the regulator expects much more from super funds in being transparent ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... transparent and non-discriminatory basis with terms and conditions (including pricing) that are fair and reasonable." ASIC commissioner Simone Constant said it is moving quickly to develop and implement these rules, which require that, during the CHESS ...

DG Institute to pay near $20m for misleading courses

MATTHEW WAI  |  WEDNESDAY, 24 JUL 2024
... clearly demonstrate the consequences of making false claims when promoting goods or services to consumers," ACCC commissioner Liza Carver said. Grubisa will also be responsible to pay the costs of the court proceedings for the ACCC. It is understood ...

Government urged to overhaul gift tax system

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... collaborations between philanthropy and Aboriginal and Torres Strait Islander communities that support their ambitions," PC commissioner Julie Abramson said. The report recommended reforms to improve the regulatory framework for charities, supporting ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... parent's rank in the income distribution is linked to a relatively small 1.8 percentile rise in the child's rank," PC commissioner Catherine de Fontenay said. "This result places us near the top of the global rankings for income mobility between generations ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
The Senate committee tasked with assessing the capabilities of ASIC says the government should recognise the regulator has "comprehensively failed to fulfil its regulatory remit", calling for a complete overhaul of its structure, powers and how it's ...

ATO seeks submissions on defining an 'employee'

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
The Australian Taxation Office (ATO) has issued a draft update to its tax ruling TR 2023/4 for consultation which determines when a person is considered an employee under the Superannuation Guarantee (Administration) Act 1992 (SGAA). The draft update ...

Retirement Income Covenant still weak: APRA, ASIC

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... in retirement. The follow-up survey released today again shows very little to no progress among super funds. ASIC commissioner Simone Constant said: "Trustees have a pivotal role to play in improving retirement outcomes for their members, with approximately ...

New inspector-general of taxation appointed

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
... leadership positions across the public sector in Australia and the UK. Owen has previously been a director general and tax commissioner of His Majesty's Revenue and Customs in the UK, head of profession in the UK Civil Service and deputy secretary of ...