Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 1932 results for "Treasurer"

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 ...

Spender criticises Labor's 'lack of urgency' on advice reforms

ELIZA BAVIN  |  THURSDAY, 17 APR 2025
... Resort (CSLR), because I think that is really important," she said. "We have already been engaging with the Assistant Treasurer on this issue. [The CSLR] is there for a good reason; to compensate losses incurred by clients of poor financial advice. "However ...

Coalition targets 'ambitious' goal of 30k advisers

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
Shadow Treasurer Angus Taylor and Shadow Assistant Treasurer Luke Howarth have announced a range of measures the Coalition would be looking to prioritise for the financial advice industry if elected on May 3. Among these policies, Taylor and Howarth ...

Dutton doubles down on 'super for housing' policy

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
... energy price reductions, a tougher stance on immigration and increased spending for healthcare and education. While Treasurer Jim Chalmers' Budget on Tuesday had little mention of policies that would impact superannuation or financial services, Dutton ...