Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 221 - 230 of 288 results for "Frydenberg"

Former ACCC chair will lead APRA capability review

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... Commission's final report into Misconduct in the Banking, Superannuation and Financial Services Industry, Treasurer Josh Frydenberg said a capability review would be launched into APRA and led by Graeme Samuel. The Royal Commission final report recommended ...

First neobank granted full banking licence

OSKAH DUNNIN  |  WEDNESDAY, 23 JAN 2019
Volt Bank has become the first neobank to obtain a full banking licence from APRA. Treasurer Josh Frydenberg applauded the news and said it promotes industry competition and company innovation. Likewise, Volt Bank's success shows promise for neobanks ...

Budget surplus unlikely as economy stalls: Fitch

OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
... Government's 2019/20 financial year surplus, according to market analysts at Fitch Solutions. In December 2018, Treasurer Josh Frydenberg and Finance Minister Mathias Cormann announced the Federal Government had received higher than expected revenue ...

AAT upholds AFSL rejection

OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
... of strict liability to make a false or misleading statement in an application for an AFSL." In 2018, Treasurer Josh Frydenberg said under ASIC, "perpetrators got off too lightly."

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... receipts have been revised up by $8.3 billion in 2018-19 and $12.4 billion over the four years to 2021-22. Treasurer Josh Frydenberg said MYEFO confirms the strength of the Australian economy.

ASIC appoints second deputy chair

KARREN VERGARA  |  FRIDAY, 7 DEC 2018
... review ASIC's capabilities. The four-month review resulted in a number of key changes to strengthen ASIC. Treasurer Josh Frydenberg said the Government has undertaken significant reforms to ensure ASIC has the powers and resources it needs to combat ...

Misconduct matters, but stability key for Frydenberg

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
Treasurer Josh Frydenberg said eliminating misconduct was important, but the Government has other considerations to bear when implementing the Royal Commission's final recommendations. Speaking at the Australian Finance Industry Association conference ...

Frydenberg splashes $50m to pursue financial services crime

HARRISON WORLEY  |  FRIDAY, 16 NOV 2018
... Government is spending an additional $50 million to increase efforts in prosecuting financial misconduct. Treasurer Josh Frydenberg said an additional $51.5 million would be provided to the Commonwealth Director of Public Prosecutions (CDPP) and the ...

Frydenberg boosts APRA funding

HARRISON WORLEY  |  MONDAY, 5 NOV 2018
... in its tact appeared to coincide with a change in the law, which required APRA take matters to court. Treasurer Josh Frydenberg said the regulator's new funding would support it in developing a stronger focus on accountability and enforcement in ...

One-stop complaints shop opens

DARREN SNYDER  |  THURSDAY, 1 NOV 2018
... by raising standards and improving internal practices to reduce and resolve disputes," Coonan said. Treasurer Josh Frydenberg said Australians will be spared "the expense and inconvenience associated with taking financial complaints to court." "This ...