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Showing 121 - 130 of 143 results for "Interim Report"

FSI questions viability of franking credits

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... Australia's imputation (or 'franking') credits system has been singled out for review in the Financial System Inquiry's interim report. The report acknowledged that the franking credit system, which refunds corporation tax to low or no-tax shareholders ...

Confidence key to financial future: Murray

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  TUESDAY, 15 JUL 2014
... says confidence has been central to his review panel's work. David Murray, a former boss of CBA, handed down his interim report on Tuesday, a large proportion of which was dedicated to the superannuation industry. A major development since the 1997 Wallis ...

FSI asks industry to consider greater ASIC powers

MARK SMITH  |  TUESDAY, 15 JUL 2014
... Commission (ASIC) requires greater powers to better monitor Australia's financial services industry. In the 460-page interim report released today, the Committee observed that the civil and administrative penalties available to ASIC under current arrangement ...

FSI zeroes in on vertical advice and retirement income

LAURA MILLAN, JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
In its interim report released today the Financial System Inquiry (FSI) has suggested that the vertically integrated structures may be reducing the quality of financial advice that consumers receive. The FSI has asked stakeholders to consider different ...

Sustaining confidence in the Australian financial system: Murray

DAVID MURRAY  |  TUESDAY, 15 JUL 2014
... Financial System Inquiry (FSI) chairman David Murray spoke at the National Press Club following the release of the FSI interim report. "Thank you to the National Press Club for the interest you have shown in today's release of the interim report of the ...

CBA does not address "sketchy" info allegations

LAURA MILLAN  |  THURSDAY, 29 MAY 2014
... Investments Commission (ASIC) in statement released today. In the public statement, CBA did acknowledge yesterday's interim report from the committee inquiry into the performance of ASIC. However it did not directly address the report's allegations that ...

CBA and ASIC "sketchy" info delays inquiry conclusion

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
... report in the inquiry into the Australian Securities and Investments Commission (ASIC). The committee has issued an interim report signed by its chair, Senator Mark Bishop, referring to ASIC and Commonwealth Bank's (CBA) efforts to clarify some inconsistencies ...

Senate Committee forced to delay tabling of ASIC report

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
... Securities and Investments Commission (ASIC). The committee's chair Mark Bishop said on Twitter that a two-page interim report delaying the tabling of the final report will be made public later today. The interim report "addresses significance of late ...

FSI to focus on the technology challenge

LAURA MILLAN  |  TUESDAY, 13 MAY 2014
... and accessibility for some consumers to health and life insurance services." We will be posing questions in our Interim Report on a number of areas where technology is challenging existing business models, delivery channels and current regulatory settings," ...

David Murray gives first insight into FSI

LAURA MILLAN  |  FRIDAY, 2 MAY 2014
... affect regulation, competition and consumer outcomes. Murray said that the committee was working towards issuing an interim report in July. The inquiry will focus on three broad issues: the expectation that the government will stand behind the financial ...