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

Search Results

Showing 1471 - 1480 of 5396 results for "Federal"

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
The US Federal Reserve gave markets exactly what they were expecting - a 25 basis point reduction in the Fed funds rate at the conclusion of its July FOMC meeting - but instead of revving up the risk on trade, it was risk off. Equity markets fell. The ...

Former adviser cops 20-year prison sentence

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2019
... bars after defrauding retiree investors of $30 million, some of which was used to fund religious ceremonies to ward off federal investigators. Dawn Bennett of Maryland was this week sentenced to 20 years in federal prison for her conviction on 17 charges ...

Unfair contract terms extended to insurance

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
The Federal Government is extending the unfair contract term regime to insurance contracts. Treasurer Josh Frydenberg said proposed amendments to the Unfair Terms in Insurance Contracts Bill 2019 announced this week is the result of the Coalition taking ...

Jane Hume to address AFA Conference

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
... insights." Hume was appointed Assistant Minister for Superannuation, Financial Services and Financial Technology after the 2019 Federal election. In her first industry address since inheriting the superannuation portfolio, Hume reinforced the Federal ...

Final nail in the coffin for grandfathered commissions

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... introduce legislation this week to end the payment of grandfathered commissions to financial advisers by 1 January 2021. Federal Treasurer Josh Frydenberg and assistant minister for superannuation, financial services and financial technology Jane Hume ...

Deeming rate calculations should be independent: Poll

KARREN VERGARA  |  THURSDAY, 25 JUL 2019
... 's readership agrees the calculation of deeming rates should be appointed to an external, independent body. After the Federal Government lowered deeming rates from July 1, we wanted to find out if the Minister for Social Services should no longer ...

SG debate puts super in a spin

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
... goal posts, and would "deny Australians the increase they are entitled to". "Australians would be right to ask why these Federal MPs think it's ok to leave the super guarantee at just 9.5% when they are beneficiaries of contributions of at least ...

Adviser association rebrands, grows membership

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... Insurance Customer Group, UFAA recently rebranded and decided to cease lobbying for two months in anticipation of the recent Federal Election results. In waiting for the newly elected government, UFAA said this would help set its agenda to come together ...

APRA forced to overhaul culture, capabilities

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... regulator's effectiveness, leadership structure and sluggish approach to enforcement. Samuel was appointed by the Federal Government in February to lead the panel, which comprises AGL Energy non-executive director Diane Smith-Gander and former Reserve ...

BetaShares launches FTSE 100 ETF

KANIKA SOOD  |  TUESDAY, 16 JUL 2019
... an index that provides exposure to a portfolio of high-quality, income-producing bonds issued primarily by Australian federal and state governments.