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Showing 161 - 170 of 244 results for "Scott Morrison"

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... and create further opportunities for innovative business models in banking that enhance competition," Treasurer Scott Morrison said. The ACCC will also receive $13.2 million over the next four years to complete regular inquiries into specific financial ...

Increased APRA levies provide regulator with more power

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... deregistered and disqualified from holding executive positions, and be stripped of their significant bonuses," Treasurer Scott Morrison said. "Banks will be held to account if they try and hide misconduct by executives with new mandatory reporting requirements. ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
Treasurer Scott Morrison's expansionary second budget, bankrolled by government receipts rising more than 6% per annum compared to expenditure rising by 4% per annum, sets Australia on the road towards a surplus by 2020 but one supported by record Commonwealth ...

Infrastructure receives $75 billion boost

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... help deliver "more innovative ways" to boost infrastructure funding. Delivering the 2017 Federal Budget, Treasurer Scott Morrison said the Government is expanding into equity and debt financing to "augment" its infrastructure spending, encouraging the ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... businesses, as well as improve the financial system's productivity and international competitiveness, Treasurer Scott Morrison said. While Morrison did not specifically reference the big four banks, he said the inquiry will focus on "contestability and ...

Terrible tax policies of the last 25 years

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... reduce the tax rate for small businesses to 27.5% - Turnbull/Morrison, 2016 As part of the 2016 Budget, Treasurer Scott Morrison announced a reduction in the tax rate for small businesses with a turnover of less than $10 million to 27.5%. Despite the ...

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... surprise (good or bad) - that is yet to be unveiled. But one thing, I won't be surprised about is if Federal Treasurer Scott Morrison provides a more optimistic assessment and outlook for the domestic economy. Not only would a lift in Australia's growth ...

Treasurer opens the way for increased infrastructure spending

EMMA RAPAPORT  |  FRIDAY, 28 APR 2017
Federal treasurer Scott Morrison is laying the groundwork for a boost in national infrastructure investment after unveiling changes to the way government debt is reported. In his final pre-budget speech, delivered to the Australian Business Economists ...

Equitise launches group investment platform

KARREN VERGARA  |  FRIDAY, 10 MAR 2017
... taking the highly scalable syndicate model global, he said. Crowdfunding legislation introduced by the Treasurer Scott Morrison late last year is expected to pass in the Senate later this month. The bill recognises "crowd-sourced funding" as an emerging ...

Home deposits unwelcome in super

DARREN SNYDER  |  THURSDAY, 23 FEB 2017
... savings system away from addressing the nation's housing affordability problems. Earlier this week Federal Treasurer Scott Morrison said the government is likely to address housing affordability in its May Budget, and there have been several suggestions ...