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Showing 171 - 180 of 761 results for %22Senate%22

FSC aggregates insurance industry data

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
... the binding code. Combining the codes was a key recommendation in both the Productivity Commission report and the recent Senate standing committee on life insurance. The FSC will release a draft version of the Superannuation Voluntary Code of Practice ...

Best in show should not dampen competition: Bowen

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... by insurance that in many instances they didn't know they had. "But again, these are big issues and it's right that the Senate inquiry look at all the elements including what protections are in place for young workers in higher-risk occupations for whom ...

Socio-economics dictate insurance needs of young Aussies: Insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 JUL 2018
... fund trustees to determine the minimum age for providing automatic default life insurance cover. In its submission to the Senate Economics Legislation Committee, TAL said the circumstances of young people vary significantly across different population ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
... the 73 bps gap that prompted then Fed Chairman to deliver his "interest rate conundrum" speech in testimony before the US Senate Committee on Banking on February 17, 2005. If I recall correctly, rising US short rates and steady to falling long-term rates ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
... hikes - and reasoned that it was due to the global savings glut and increasing globalisation. In testimony before the US Senate Committee on Banking, Housing, and Urban Affairs on February 17, 2005, Alan Greenspan remarked that: "Long-term interest rates ...

Unpaid super reaches $6bn

DARREN SNYDER  |  MONDAY, 4 JUN 2018
... laws that further address unpaid superannuation, a figure estimated to be about $5.9 billion as at 2015-16. Speaking to a Senate committee hearing in Canberra on Friday, ISA public affairs director Matt Linden said the group estimates about three million ...

Federal government responds to white collar crime Senate inquiry

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... self-reporting and industry codes as it waits for the dust to settle on Royal Commission findings. In its response to the Senate Inquiry into White Collar Crime set up in 2015, the government cited the 50 recommendations made by the ASIC Enforcement ...

Government passes BEAR reform

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
The Banking Executive Accountability Regime legislation was passed in the Senate yesterday. The legislation aims to incentivise good behaviour and ensure banks and individuals are held accountable for their actions if they fail to meet the expected ...

AFCA, key housing bills passed

EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
... the First Home Buyers Super Savers Scheme and the Reducing Pressure on Housing Affordability Measures - also passed the Senate. The bills, which will allow first home buyers to make voluntary contributions of up to $15,000 per year and $30,000 in total ...

Salt reveals retirement hotspots

EMMA RAPAPORT  |  WEDNESDAY, 6 DEC 2017
... choosing to downsize their residence to contribute up to $300,000 from the sale of their home to superannuation, passed the Senate yesterday, and have been returned to the House of Representatives for a single amendment proposed by Senator Leyonhjelm ...