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Showing 101 - 110 of 289 results for "House of Representatives"

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
The Putting Members' Interests First superannuation reforms are almost through parliament. The House of Representatives moved to pass the Putting Members' Interests First bill on Monday, making insurance in super opt-in only for under-25s. The bill ...

The end of grandfathered commissions

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 SEP 2019
The Ending Grandfathered Conflicted Remuneration Bill 2019 was passed in the House of Representatives yesterday but the industry believes the timeline for doing so will leave Australians worse off. Passing yesterday, the legislation will see the banning ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
In his outing before the Australian House of Representatives Standing Committee on Economics on August 9, Reserve Bank of Australia (RBA) governor Philip Lowe practically gave his nod of approval in Financial Standard 's clear as the crystal ball's ...

Byres warns not to spread APRA too thin

HARRISON WORLEY  |  MONDAY, 12 AUG 2019
... plate, APRA chair Wayne Byres has warned against spreading the regulator too thin. Appearing before the House of Representatives Standing Committee on Economics on Friday, APRA deputy chair John Lonsdale reiterated the prudential regulator's view ...

More scrutiny for super fund, insurance firm chiefs

KARREN VERGARA  |  MONDAY, 5 AUG 2019
... traditionally put the blowtorch on the chiefs of the four major banks. The Coalition has asked that the House of Representatives Standing Committee on Economics to expand its remit to inquire into the broader financial services sector, as well as examine ...

Reform implementation timeframe too short: AustralianSuper

HARRISON WORLEY  |  WEDNESDAY, 17 JUL 2019
... said. "Parliament does not resume sitting until 22 July and this Bill is yet to be debated in either the House of Representatives or the Senate."

Inquiry denounces franking credit ban

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
The House of Representatives Standing Committee on Economics concluded Labor's proposal to remove refundable franking credits should not go ahead. Releasing the committee's final report last night, Liberal MP and committee chair Tim Wilson said the ...

MP slams prolonged grandfathered commissions carve out

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... commissions as of yesterday, the industry is receiving little sympathy from the Government. Deputy chair of the House of Representatives Standing Committee on Economics Review of the Four Major Banks, Matt Thistlethwaite, said last week that he doesn't ...

Don't expect super favouritism: Bowen

HARRISON WORLEY  |  MONDAY, 1 APR 2019
... preferring politics over policy - opposed our amendments, and has failed to bring the bill back to the House of Representatives for a vote." Bowen also said an elected Labor Government would make the universality of super a priority by gradually abolishing ...

NAB needs 500 staff for remediation

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... acknowledged the institution needs to go to great lengths to repay customers. In his opening statement to the House of Representatives Standing Committee on Economics, Chronican began by saying: "Let me start by acknowledging that as a bank we have let ...