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Showing 111 - 120 of 1925 results for "Treasurer"

MP says Coalition will 'fight to the death' over $3m super tax

MATTHEW WAI | WEDNESDAY, 4 JUN 2025

... is more work to be done, WAM says the petition is an important contributor against the "illogical and unfair" policy. Treasurer Jim Chalmers remains fully committed to the super tax, labelling it as "concessional" while bolstering things like Medicare ...

Coalition names shadow treasurer, financial services minister

ANDREW MCKEAN | THURSDAY, 29 MAY 2025

... shadow ministry. Leader of the opposition Sussan Ley confirmed that Ted O'Brien will act as deputy leader and shadow treasurer, while Pat Conaghan will act as shadow assistant treasurer and shadow minister for financial services. Senator James Paterson ...

Chalmers and Bragg spar over $3m super tax

JAMIE WILLIAMSON | TUESDAY, 20 MAY 2025

Treasurer Jim Chalmers is maintaining politicians will be captured by the $3 million super tax, labelling commentary to the contrary as lies. Liberal Senator Andrew Bragg has copped heat from Chalmers over his claims that the Division 296 tax changes ...

Panic selling of SMSF assets 'totally unnecessary'

ELIZA BAVIN | THURSDAY, 15 MAY 2025

... cash refunds in pension phase. These benefits matter more than ever when a second layer of tax is introduced," he said. Treasurer Jim Chalmers said that losses incurred on a super balance, before the new tax becomes legislation, would be able to be brought ...

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA | WEDNESDAY, 14 MAY 2025

... Resort (CSLR) and Delivering Better Financial Outcomes (DBFO) will be prioritised. Mulino was sworn in as assistant treasurer and minister for financial services on May 13, filling in the position previously held by Stephen Jones. Mulino's vast experience ...

Chalmers lays down the law on super tax

ELIZA BAVIN | WEDNESDAY, 14 MAY 2025

Treasurer Jim Chalmers is remaining steadfast that the Labor government will legislate the 30% tax rate on superannuation balances over $3 million. "We've made that clear that we haven't changed our policy. We announced that policy more than ...

US, China trade truce 'welcome' news for Australia: Chalmers

ELIZA BAVIN | TUESDAY, 13 MAY 2025

... from 145% to 30%, while China will cut duties on American goods from 125% to 10%. While welcome news for investors, Treasurer Jim Chalmers said he is not "getting carried away" by the announcement. "It is significant. It's welcome. It's encouraging. ...

Daniel Mulino takes over financial services portfolio

JAMIE WILLIAMSON | TUESDAY, 13 MAY 2025

Daniel Mulino is the new minister for financial services and assistant treasurer. Mulino was named in the position by Prime Minister Anthony Albanese yesterday. He brings a great deal of relevant experience to the portfolio. With an extensive background ...

Future Fund muscles past annual target return, lags in March quarter

ANDREW MCKEAN | TUESDAY, 6 MAY 2025

... cover public sector pension liabilities - "a classic rainy-day fund." But under prime minister Anthony Albanese and treasurer Jim Chalmers, "that model has now been decisively overhauled." With public debt soaring, a housing crisis that's hitting ...

Global economic uncertainty the main priority: Chalmers

ELIZA BAVIN | MONDAY, 5 MAY 2025

Freshly re-elected Federal Treasurer Jim Chalmers said the "immediate focus" of the government is tackling global economic uncertainty because of US President Donald Trump's tariffs. Speaking with the ABC after the election win, Chalmers said he is ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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