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Showing 111 - 120 of 759 results for %22Senate%22

FASEA extension en route

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
... remuneration to listed investment companies and trusts yesterday, in a move which should ensure a saloon passage through the Senate for legislation extending the deadline for advisers to meet FASEA educational requirements. With the matter settled, a ...

FASEA blame game on in earnest

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... requirements, after the government's Treasury Laws Amendment (2019 Measures No. 3) bill didn't get any air time in the Senate yesterday, despite sitting on the notice paper. Before long, both the government and the opposition were blaming each ...

Merging super funds guaranteed tax relief

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... shepherded the government's Treasury Laws Amendment (2020 Measures No.1) bill through both the House of Representatives and the Senate, ensuring the tax relief granted to merging super funds is now permanent, rather than a temporary measure. Previously ...

Mudslinging over FASEA extension continues

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
... slammed the Association of Financial Advisers for spouting untruths over the path of the FASEA extension bill through the Senate. Shadow Assistant Treasurer and Shadow Assistant Minister for Financial Services Stephen Jones told Financial Standard that ...

FASEA extension to pass next week

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... delivered some welcome news about the extension to FASEA requirements. Hume confirmed the legislation would be listed on the Senate sitting calendar next week as non-controversial, meaning both parties agree it should pass. FPA head of policy and standards ...

Calls for super funds, government to collaborate on energy security

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... called for the government to secure its energy reserves since 2011. He authored three reports for NRMA, assisted with a 2015 senate enquiry and with a 2018 parliamentary joint committee. "We should be thinking about some of our superannuation funds investing ...

APRA questioned on fund liquidity

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
The prudential regulator has been questioned over super fund liquidity concerns by the Senate Economics Committee. Senator Andrew Bragg issued a letter to APRA putting the regulator on notice to answer a number of questions related to super funds. "I ...

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... superannuation funds in Australia, with many funds defending their liquidity position. They were all served a letter by the Senate's standing committee on economics to provide details of their liquidity positions, including their unlisted assets and ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
The numbers are in, and the US Economic Policy Institute's (EPI) estimate of unemployment claims, if not right on the dot, was way inside the ballpark. EPI estimated 3.4 million workers filed for unemployment in the week ended March 21, that it ...

Dow skyrockets in two-day winning streak

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... past two days, the Dow has lifted 14%, its largest two-day rally since 1987. The surge comes as law makers signal the US Senate is close to passing a US$2 trillion stimulus bill, which will provide financial assistance to unemployed Americans and distressed ...