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Showing 121 - 130 of 242 results for "Scott Morrison"

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
When the clock strikes half past seven and Treasurer Scott Morrison starts to read his speech, here is what Australia's major financial services associations will be hoping for. Financial Planning Association (FPA) In a 45-page pre-budget submission ...

Chief economist update: Budget surplus can wait

BENJAMIN ONG  |  TUESDAY, 8 MAY 2018
... out" in Canberra. Canberra will give back some of the wealth to we, the people. According to the The Guardian, Scott Morrison "noted that tax receipts until February were running $4.8 billion higher than forecast by the Treasury last December, including ...

RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... CBA executive general manager, Commonwealth Private Marianne Perkovic acknowledged. Meanwhile Federal Treasurer Scott Morrison, while door stopping in Sydney said he had great confidence in ASIC's ability to deal with matters raised during RC. In contrast ...

Government ramps up ASIC powers

ALEX BURKE  |  FRIDAY, 20 APR 2018
... increased criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers. Treasurer Scott Morrison and Minister for Revenue and Financial Services Kelly O'Dwyer said the new penalties "represent the most significant increases" ...

Treasurer backs ASIC investigations

DARREN SNYDER  |  THURSDAY, 19 APR 2018
Federal Treasurer Scott Morrison has great confidence in ASIC's ability to deal with matters raised during the financial services Royal Commission this week. At a doorstop interview in Sydney, Morrison advised that ASIC has been investigating and continues ...

SMSFs investing restrictions unfair: Poll

KARREN VERGARA  |  MONDAY, 16 APR 2018
... - more than a third (38%) of these strongly agree this is unwarranted. In last year's Federal Budget, Treasurer Scott Morrison announced new measures that would eliminate limited recourse borrowing arrangement (LBRA) loopholes for SMSFs. From 1 July ...

Government increases market manipulation penalties

JAMIE WILLIAMSON  |  THURSDAY, 29 MAR 2018
... Legitimate business activity that unintentionally moves a benchmark will not constitute an offence. Federal Treasurer Scott Morrison said the reforms will better protect Australians from the potential abuse of financial markets. "I am pleased these reforms ...

Former wealth group chief joins Macrovue

ALEX BURKE  |  THURSDAY, 22 FEB 2018
... and KPMG's Fintech100. Other Australian companies included were Prospa, ZipMoney and AfterPay Touch. Treasurer Scott Morrison congratulated the Australian fintechs, adding they represent a diverse range of businesses including lending, wealth management ...

Morrison unveils open banking framework

KARREN VERGARA  |  MONDAY, 12 FEB 2018
... details 50 recommendations on how the new regime can succeed and ultimately empower consumers. Last week, Treasurer Scott Morrison unveiled a list of proposals covering the regulatory framework, data safeguards and the mechanics of how open banking should ...

Government passes BEAR reform

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
... ease and ensure banks' remuneration policies result in financial consequences for individuals. Federal Treasurer Scott Morrison said: "This legislation is part of a broader suite of financial services reforms delivering on the Turnbull Government's commitment ...