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Search ResultsShowing 1 - 10 of 100+ results for "Josh Frydenberg"
Government announces fresh crackdowns on foreign investments
ALLY SELBY  |  FRIDAY, 5 JUN 2020
Treasurer Josh Frydenberg has announced a major crackdown on foreign investment in Australia, including new overriding "last resort powers" which will allow him to force foreign divestment in exceptional cases. The reforms to the country's foreign ...
Senator criticises lazy super system
JAMIE WILLIAMSON  |  FRIDAY, 5 JUN 2020
Senator Jane Hume has said the compulsory nature of superannuation allowed super funds to become lazy, creating inefficiencies in the system. She has also hinted the government will soon turn its attention back to the Productivity Commission's recommendation ...
Chief economist update: Australian recession - the next generation
BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
Technically, we're not there yet but Federal Treasurer Josh Frydenberg opted not for a stay of execution and acknowledged that Australia's 29-year recession-free run is over. "Well, the answer to that is yes. And that is on the basis of the ...
Expats sweat as main residence CGT cut-off looms
ALLY SELBY  |  THURSDAY, 28 MAY 2020
... has started a petition on Change.org, and has also written to seven members of parliament, including Treasurer Josh Frydenberg. Despite the petition gaining nearly 1000 signatures, with figures growing every day, Ridley said the letters have gone unnoticed. ...
Government offers guidance provision relief
HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... falling foul of their continuous disclosure obligations if their forecasts are found to be inaccurate," Treasurer Josh Frydenberg said. "In response, companies may hold back from making forecasts of future earnings or other forward-looking estimates ...
Litigation funders will need AFSLs
ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... regulated under the Corporations Act and required to hold an Australian financial services licence, Treasurer Josh Frydenberg announced today. The Treasurer said the government wants litigation funders to be subject to greater regulatory oversight. "Litigation ...
Australia facing largest ever GDP fall
ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
Treasurer Josh Frydenberg outlined a bleak future for the Australian economy in a speech to parliament, forecasting GDP to fall over 10% in the June quarter. The figure would be the largest contraction in GDP in Australia's history. "At $50 billion ...
Government delays RC implementation timeline
HARRISON WORLEY  |  MONDAY, 11 MAY 2020
... Commission related draft exposure legislation issued before the pandemic will be extended by six months. Treasurer Josh Frydenberg said the deferral would allow the industry to focus on "planning for the recovery and supporting their customers". "This ...
Frydenberg amends Corporations Act
ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
Treasurer Josh Frydenberg has announced changes to the Corporations Act, in a bid to relieve Australia's public companies from financial stress over the coming months. The changes, enacted from May 5, allow companies to hold virtual Annual General Meetings ...
Chief economist update: The outlook for Australia, according to COVID-19
BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2020
... government's JobSeeker payments that limited the issuance of pink slips. But even this isn't good enough. Treasurer Josh Frydenberg estimates that the economy will lose A$4 billion for every week restrictions remain. It's a tough choice - ...
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