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Showing 131 - 140 of 289 results for "House of Representatives"

Labor unyielding on banking Royal Commission

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
... and executive compensation after a Labor and Greens-backed proposed bill fell short of one vote in the House of Representatives. "I am not proposing another full blown inquiry into the operation of our financial system - this was done recently - but ...

Banks narrowly avoid parliamentary inquiry

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
... a Green's Bill to establish a Parliamentary Commission of Inquiry fell short by a single vote in the House of Representatives yesterday. The Bill, which successfully passed the Senate with the backing of Labor, One Nation, the Nick Xenophon Team, and ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... complete regular inquiries into specific financial system competition issues - a recommendation of the House of Representatives Standing Committee on Economics' Review of the Four Major Banks. These measures are in addition to the $4.2 million allocated ...

SMSFA appoints high profile former politicians

EMMA RAPAPORT  |  TUESDAY, 21 MAR 2017
... especially SMSF professionals, which I experienced first-hand in my time in Government." Ripoll held the House of Representatives seat of Oxley from 1998 to 2016, and was chair of the Corporations and Financial Services Committee inquiry into the financial ...

In search of that elusive Australian animal spirit

BENJAMIN ONG  |  FRIDAY, 24 FEB 2017
... over the past 30 months - the time back in August 2014 when then RBA Governor Glenn Stevens told the House of Representatives Standing Committee on Economics that he has done enough. "You can't make people be confident, I certainly can't. I've allowed ...

House passes professional standards bill

EMMA RAPAPORT  |  WEDNESDAY, 8 FEB 2017
Federal laws which will affect the future of the financial planning industry passed the House of Representatives last night. The Corporations Amendment (Professional Standards of Financial Advisers) Bill, which was first introduced into Parliament in ...

Life insurance commissions bill passes lower house

ALEX BURKE  |  WEDNESDAY, 30 NOV 2016
... following The Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 passing in the House of Representatives. Should the legislation also pass the Senate, upfront commissions will be capped at a 60% maximum and ongoing commissions ...

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE  |  FRIDAY, 25 NOV 2016
The House of Representatives Standing Committee on Economics' first report in its review of the four major banks has recommended breaking the big four's "oligopoly" and introducing competition into the sector. The report said this could be achieved ...

Cooper defends BT life insurance figures

ALEX BURKE  |  MONDAY, 17 OCT 2016
... rate was "not comparable" with other insurers. He explained: "ASIC said at its recent appearance at the House of Representatives Economics Committee that the data that has been provided by industry participants is not consistent. Any comparisons would ...

Poll provides fresh defence against Royal Commission

MARK SMITH  |  FRIDAY, 14 OCT 2016
... clearly positive towards banks compared to those who were clearly negative. In its opening address to the House of Representatives Standing Committee on Economics, ASIC called out recent scandals, saying: "In recent times banks have fallen short of community ...