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Showing 161 - 170 of 226 results for "Treasurer Jim Chalmer"

Government consults on reforms to merger rules

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
The government has kicked off its consultation on merger rules and processes to improve competition and productivity while lowering costs to ensure better outcomes for Aussies. According to the government's Merger Reform consultation paper, Australia's ...

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
Treasurer Jim Chalmers has tabled a new bill in Parliament to legislate an objective of superannuation, aimed at securing a dignified retirement for more Australians. The Superannuation (Objective) Bill 2023, which was introduced to Parliament yesterday ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
Treasurer Jim Chalmers has said the government has some tough calls to make regarding the nation's infrastructure pipeline as part of its plan to regenerate the economy. Following Labor's review of its multibillion-dollar Infrastructure Investment ...

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
The government plans to mandate that crypto exchanges adhere to Australian financial services laws, requiring digital asset platform operators to obtain an AFSL. Treasury's Regulating digital asset platforms' consultation, released today, mandates that ...

The Voice is not at the expense of the economy: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 13 OCT 2023
Treasurer Jim Chalmers has refuted claims that the government's push to incorporate a Voice to Parliament has come at the expense of the economy. Tomorrow, millions of Australians will hit the polls and decide if a First Nations' Voice to Parliament ...

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
The government has released a consultation paper today, inviting stakeholders to provide feedback on a proposed framework to synchronise superannuation payments with wages. The Securing Australians' Superannuation consultation paper also seeks feedback ...

Peter Costello steps down from Future Fund

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
Peter Costello has informed the government he will not pursue a third term as the chair of the Future Fund. A formal, merit-based search is now underway for a new chair of the $250 billion sovereign wealth fund, with the government viewing future board ...

Super tax break changes open for consultation

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
Treasury's clampdown on tax concessions for superannuation balances greater than $3 million has been laid out in its draft legislation and is now opened for consultation. From 2025-26, the proposed law states that for members with total superannuation ...

Treasury outlines plans to boost employment

CASSANDRA BALDINI  |  TUESDAY, 26 SEP 2023
The government has unveiled its plan to overhaul the employment system in its newly released whitepaper, including encouraging older Australians to stay in the workforce by extending the work bonus and introducing a new skills passport. The Working ...

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
The government has published its draft legislation and is seeking feedback on its proposed reforms, which aim to strengthen the integrity of the tax system and regulators' powers in response to the recent PwC scandal. The new legislation outlines changes ...