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Showing 1531 - 1540 of 5396 results for "Federal"

Superannuation bills on hold

KARREN VERGARA  |  MONDAY, 15 APR 2019
... those with balances below $6000, has faced another roadblock. It will need to be reintroduced in Parliament after the Federal Election, slated for May 18. From 1 October 2019, members affected would have been able to opt in to default insurance by nominating ...

APRA to boost staff numbers

HARRISON WORLEY  |  FRIDAY, 12 APR 2019
... statement was set to be delivered before the Senate last night, however after Prime Minister Scott Morrison called a May 18 Federal Election yesterday morning, Byres' appearance could no longer go ahead. In his statement, the APRA chair said the ...

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... integrity related cases. Of key concern, ASIC won the Bank Bill Swap Rate case against Westpac in November - with the Federal Court ordering Westpac to pay $3.3 million for contravening the ASIC Act 2001 by its involvement in setting the ASX Bank Bill ...

NZ Super responds to Australian social media laws

ELIZABETH MCARTHUR  |  MONDAY, 8 APR 2019
... remove abhorrent violent material. They also state that social media platforms internationally must notify the Australian Federal Police if they become aware of any abhorrent violent material on their platform and failure to do this will be punishable ...

Superannuation Consumer Advocate proposal needs work

KARREN VERGARA  |  THURSDAY, 4 APR 2019
The Federal Government's plan to launch a superannuation consumer advocate body requires more funding and a long-term commitment from the industry and political parties, according to consumer groups. CHOICE and the Superannuation Consumers' ...

Ageing population poses budget threat

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... Australia." "Public understanding of the fiscal implications of that ongoing demographic change on the budget is important." Federal Treasurer Josh Frydenberg announced that 65 and 66-year-olds will be able to make voluntary super contributions, both ...

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
The 2019-20 Federal Budget's subdued approach has received a similar welcome from the wealth industry. The big players are neither up in arms nor full of praise for the Budget, which was headlined by personal tax cuts and a $7.1 billion surplus ...

Coalition to boost retail access to corporate bonds

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 APR 2019
As part of the 2019 Federal Budget, the Morrison Government has committed to consulting on reforms to develop the corporate bond market. Following the release of the Budget, Assistant Treasurer Stuart Robert said: "A strong retail corporate bond market ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
"The Budget is back in the black and Australia is back on track." That's how Federal Treasurer Josh Frydenberg opened his Budget 2019-20 speech delivered last night. Well, technically we all will have to wait until next fiscal year for the underlying ...

Record tax receipts, record outlays yet back to surplus

ALEX DUNNIN  |  TUESDAY, 2 APR 2019
... receipts are climbing at their fastest rate in 18 years and outlays are climbing at their fastest rate in five years. Yet, Federal Treasurer Josh Frydenberg has been able to declare Australia's first Budget surplus since the 2008 Global Financial ...