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Showing 141 - 150 of 278 results for %22Treasurer Josh Frydenberg%22

Frydenberg takes RC super advice

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... MySuper products. On the eve of the one-year anniversary of the release of Commissioner Kenneth Hayne's final report, Treasurer Josh Frydengberg has released draft legislation implementing several of the report's recommendations, including many pertaining ...

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... contracts. "We are on track to meet the accelerated timetable outlined in our implementation roadmap," Treasurer Josh Frydenberg said. This comes ahead of the one year anniversary of Hayne's final report on February 5. The draft legislation for recommendation ...

Stamping fees consultation kicks off

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... after growing almost 30% in the 12 months to December 2019. The consultation, which was announced by Treasurer Josh Frydenberg yesterday, will consider the merits of this exemption granted to stock exchange-listed investment products. "Public consultation ...

Government opens BEAR extension consultation

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... as that the regime will be co-administered by the two financial services regulators, ASIC and APRA. Treasurer Josh Frydenberg said the obligations of FAR would make senior financial services executives more accountable for what happens under their watch. ...

What you read in 2019: Financial advice

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... to be banned Hot on the heels of the Royal Commission's final report, in early February Federal Treasurer Josh Frydenberg declared grandfathered commissions would be banned from 1 January 2021. Further, from the same date, payments of any previously ...

CBA chief tasked with rebuilding banking

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... time, examining "loyalty tax"; where new borrowers are charged lower rates than existing customers. Treasurer Josh Frydenberg said that banks were discriminating against loyal customers. "Customers get penalised for their loyalty. To win new business ...

Politician urges Treasurer to protect advisers

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
Federal member for Warringah Zali Steggall has written to Treasurer Josh Frydenberg to ask him to consider how regulatory changes are impacting financial advisers, requesting an extension to education reforms. Steggall wrote that a number of regulatory ...

IFM to spend $25bn on Aussie infrastructure

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
... seaports (Brisbane, Botany, Kembla). "The new investment aligns with a recent exhortation from Australian Treasurer Josh Frydenberg, who in August called for such measures in preference to share buybacks and special dividends," IFM said. The $2.5 billion ...

IMF predicts bleak Australian outlook

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
... States, and prominent downside risks, a much more subdued pace of global activity could well materialise." Treasurer Josh Frydenberg responded to the report by reminding Australians that despite the predictions the nation is in its 29th consecutive year ...

Code monitoring move disappoints industry

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
Treasurer Josh Frydenberg and Assistant Minister Jane Hume announced the government will accelerate its implementation of the Royal Commission's recommendation to establish a single disciplinary body for financial advisers. The move has disappointed ...