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Showing 201 - 210 of 2630 results for "Treasury"

Retirees should put 80% of balance into annuities: Grattan

RIDDHIMA TALWANI  |  THURSDAY, 25 SEP 2025
... place 80% of their super balance into an annuity, possibly offered by the government itself. In its submission to the Treasury consultation, it suggested that retirees should be guided by the government and super funds to use 80% of their balance exceeding ...

SMC calls for simplified retirement system

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
Super Members Council (SMC) has urged Treasury to simplify the retirement system, saying it is too complex. The comments come as a response to Treasury's consultation paper on best practice principles. SMC said it broadly supports the intent of ...

ASIC chair calls it quits

KARREN VERGARA  |  FRIDAY, 19 SEP 2025
ASIC chair Joe Longo has tendered his resignation, to finish up in 2026. In June, Longo told the Secretary to the Treasury he would not be seeking an extension of his term, which finishes up on 31 May 2026. A former lawyer, Longo replaced James Shipton ...

ASIC makes 'first-of-its-kind' exemption to broaden digital asset access

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... products. Stablecoins, as well as other types of cryptos, were included in the paper. ASIC is also working closely with Treasury to implement regulation for digital assets, including a framework for payment stablecoins. In July 2025, ASIC provided regulatory ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... unconscionably and misled the government, as well as failing to meet its AFSL obligations when it managed the 10-year treasury bond deal and produced inaccurate reporting. For this portion of the fine, ANZ will pay $125 million, split between its role ...

Super SA welcomes chief executive

JAMIE WILLIAMSON  |  THURSDAY, 11 SEP 2025
... Soulio. Tricia Blight took over as chief executive of Super SA in July, appointed by the South Australian Department of Treasury and Finance. Blight has had a long career in the South Australian public service, most recently serving as chief operating ...

CSLR a 'shared responsibility' for all AFCA members: SMSFA

MATTHEW WAI  |  THURSDAY, 11 SEP 2025
Responding to the Treasury consultation on the Compensation Scheme of Last Resort (CSLR), the SMSF Association (SMSFA) agrees the most efficient and equitable way to fund the special levy is to spread it across all Australian Financial Complaints Authority ...

NZ Super delivers 11.84%

ELIZA BAVIN  |  MONDAY, 8 SEP 2025
... return, or the return over and above the government's cost of capital," Townsend said. "For the past year, the 90-Day Treasury bill rate was 4.61%, making our net return 7.24% - to put it another way, maintaining the fund this year has made the Crown ...

ASIC, APRA outline regulatory reform opportunities

ELIZA BAVIN  |  FRIDAY, 5 SEP 2025
... potential concerns about the possible impact of the test on productivity." Lonsdale confirmed APRA has been engaging with Treasury on possible options to enhance the test. Lonsdale also touched on the Financial Accountability Regime (FAR) saying there ...

ASIC culls red tape, sets sights on more

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
... suggested could be simplified. ASIC said it is actively contributing to law reform discussions and working closely with Treasury to explore broader opportunities for reform. The paper highlighted the reportable situations regime and substantial holding ...