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Showing 101 - 110 of 842 results for "Senate"

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
During a Senate Economics Committee session yesterday, it was revealed that APRA is investigating the financial relationships between superannuation funds and unions. APRA deputy chair Margaret Cole confirmed the regulator's ongoing scrutiny into certain ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... indicator was 6.5% in April, lower than 6.9% recorded in March," she said. Although RBA governor Phillip Lowe told the Senate economics committee yesterday that the central bank is confident inflation will come back to around 3% by mid-2025, he attributed ...

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... 3.85% last month, Reserve Bank of Australia (RBA) governor Philip Lowe says so far, the strategy is working. Lowe told the Senate economics committee this morning that the central bank is confident inflation will come back to around 3% by mid-2025. "By ...

Adviser registration extended to October

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... 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 further guidance to advisers to comply with the registration process, as well as help Australian ...

More PwC staff to go, will remain anonymous

CASSANDRA BALDINI  |  TUESDAY, 30 MAY 2023
... fully understand and acknowledge the calls for PwC to release the names of the individuals in the emails released by the Senate on 2 May 2023," said Stubbins. "There has been an assumption by some that all those whose names have been redacted must necessarily ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... Congressional Democrats and I have fought long and hard for," he said. The agreement has been passed to the United States House and Senate. "I strongly urge both chambers to pass that agreement," he concluded. UNSW Business School of Economics associate ...

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... supercharged political partisanship - with Republicans controlling the House of Representatives and Democrats controlling the Senate and the White House - has only served to heighten market concerns that we might not see a political compromise on the ...

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... over proposed laws that will impact franking credits for distributions funded by capital raisings. In a submission to the Senate Economics Committee, due to report on May 26, the SMSF Association said that amendments in Schedule 5 to the Bill - Treasury ...

Could a four-day workweek save the day?

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... role in closing the gender pay gap in retirement. This month, Labor and Greens senators backed a recommendation by the Senate work and care committee to trial a four-day work week at full pay. The committee, chaired by Greens senator Barbara Peacock ...

Invest Blue trials nine-day fortnight for advisers

CASSANDRA BALDINI  |  MONDAY, 13 MAR 2023
... productivity, the financial advice firm is the latest to try a less traditional working week. The announcement follows a new Senate committee report backing the move to a four-day working week and a national trial involving 20 organisations across a ...