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Showing 151 - 160 of 2563 results for "Minister"

Treasury responds to CHESS replacement inquiry

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
Treasury has released its response following the Parliamentary Joint Committee on Corporations and Financial Services report, Competition in clearing and settlement and the ASX CHESS Replacement Project: The CHESS Replacement Project is too important ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
... under the Competition in Clearing and Settlement (CiCS) services reforms passed in September 2023 and enlivened by the minister in May 2024.In 2023, Treasury said the new laws essentially provide ASIC with powers to implement and enforce requirements ...

CSLR levy pain could hit $123m: FAAA

KARREN VERGARA  |  THURSDAY, 20 FEB 2025
... any one year. Currently, there is currently no certainty as to who will fund the balance of $50 million. The relevant minister at the time will make a determination.

Platforms placate fee consent ordeal: SuitabilityHub

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... consent form that needed to be provided to product providers," he said. The government has bestowed powers on the relevant minister to mandate a form. But this has yet to happen. "Treasury hasn't necessarily prioritised this issue, so we didn't ...

Treasury consults on genetic test ban in life insurance

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2025
... ensure this legislation captures the intent of the government's decision and does not have unintended consequences," minister for financial services Stephen Jones said. He added that the government is looking to legislate the ban as soon as practicable. ...

CSLR review will scrutinise effect on businesses

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... and any related matters, as well as any other current and recent reviews and inquiries that may be relevant. Outgoing minister for financial services Stephen Jones last Friday announced the government will launch a review of the scheme. The CSLR was ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... million represents an existential threat for financial advice in this country." This will be determined by the relevant minister at the time. Assistant treasurer Stephen Jones this morning announced that the Albanese government is directing Treasury ...

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
Labor frontbencher, assistant treasurer and minister for financial services Stephen Jones is retiring from politics and will not contest the upcoming federal election. Jones spent 15 years as the member for Whitlam - covering Illawarra and the Southern ...

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
... contributions that prevent them from having a say in how their money is used until they reach 65 years of age. Labor minister for employment and workplace relations Murray Watt labelled the statements by the Coalition members as "astonishing," adding ...

Treasury reappoints 24 members to FSCP

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... an ASIC member and at least two other members, which ASIC must select from a list of eligible persons appointed by the minister.