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Showing 191 - 200 of 762 results for %22Senate%22

Low inflation exporter

BENJAMIN ONG  |  TUESDAY, 11 JUL 2017
... the Eurozone, among others. We'll soon find out what the Fed makes of all these when Chair Janet Yellen testifies before Senate Banking Committee this Wednesday and before the House Financial Services Committee the following day. Will Janet still maintain ...

FoFA should also protect retail banking customers: FSU

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
... should be broadened to retail banking consumers as well, according to the Finance Sector Union. Speaking at yesterday's Senate inquiry into consumer protection in the banking, insurance and financial sector, FSU national secretary Julia Angrisano called ...

Industry supports super threshold removal

EMMA RAPAPORT  |  TUESDAY, 20 JUN 2017
... along with other steps to ensure workers receive their superannuation entitlements." The proposal was put forward by the Senate Economics Committee and supported by Liberal Senator Jane Hume and Labor Senator Chris Ketter. It calls for the $450-a-month ...

Broaden levy to foreign banks: Big four

KARREN VERGARA  |  MONDAY, 19 JUN 2017
... Large foreign banks should also be subjected to the proposed $6.2 billion bank levy, Australia's four major banks told the Senate Standing Committee on Economics reviewing the levy Bill last week. Many multinational banks, while active in the institutional ...

Banks narrowly avoid parliamentary inquiry

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
... Inquiry fell short by a single vote in the House of Representatives yesterday. The Bill, which successfully passed the Senate with the backing of Labor, One Nation, the Nick Xenophon Team, and Senators Lambie, Hinch and Williams, was later defeated in ...

Labor fights phoenix fraud

EMMA RAPAPORT  |  WEDNESDAY, 24 MAY 2017
... Labor in line with continued calls from the Productivity Commission, the Australian Institute of Company Directors, the Senate Economics References Committee, the Phoenix Research Team and the Australian Restructuring Insolvency & Turnaround Association ...

ATO hits back at claims of inadequacy

EMMA RAPAPORT  |  FRIDAY, 5 MAY 2017
The Australia Taxation Office has hit back at claims by the Senate economics committee that its "inadequate" approach to policing superannuation guarantee payments has exacerbated the growing problem of non-compliance. In a press release issued yesterday ...

ATO blamed for SG non-payment

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
... "inadequate" approach to policing superannuation guarantee payments has exacerbated the growing problem of non-compliance, a Senate committee report found. The ATO's reactive rather than proactive practices significantly contributed to the fiscal impact ...

SG non-payment is an 'easy fix': ISA

KARREN VERGARA  |  TUESDAY, 2 MAY 2017
... Australia is anticipating an "easy fix" for workers losing up to $300 million in superannuation drawdowns annually ahead of Senate inquiry findings into unpaid superannuation due to be released today. ISA estimates unpaid super costs workers about $24,000 ...

Banks can offer fintech an olive branch

EMMA RAPAPORT  |  MONDAY, 1 MAY 2017
... the risk of an unauthorised access to a user's bank account, which is simply wrong," Acorns said in a submission to the Senate standing committee on economics. "This is a deliberate campaign of misinformation; they are actively seeking to discourage ...

Editor's Choice

QIC splashes $32m on PEP acquisition

KARREN VERGARA
Queensland Investment Corporation (QIC) spent $32 million to back Pacific Equity Partners' (PEP) acquisition of ATOM Group, an industrial and safety goods distributor.

Lazard enters local ETF industry with infra offering

JAMIE WILLIAMSON
Lazard Asset Management is now offering ETFs in Australia, kicking off with a global listed infrastructure active ETF.

Performance test covers managed accounts, SMAs: APRA

KARREN VERGARA
The prudential regulator is reminding trustees that managed accounts and separately managed accounts (SMAs) are high on its radar when administering the performance test.

Most in-demand skills for financial services workers

ELIZA BAVIN
Perceptor data has revealed the state of financial services salaries in its most recent review.

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Jason Huljich

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A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
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