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Showing 221 - 230 of 2539 results for "Minister"

Government pledges $2bn to fast-track social housing

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... will boost the housing supply by creating homes for Australians who are currently on social housing wait lists. Prime Minister Anthony Albanese said: "The $2 billion Social Housing Accelerator payment will be delivered to States and Territories within ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... subject to a testing period of 10 years instead of eight years. In providing further details, assistant treasurer and minister for financial services Stephen Jones will mandate super funds that send notification letters to members of failing Choice products ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... that the reforms will fix financial advice and ultimately benefit consumers. In releasing the first phase this morning, minister for financial services Stephen Jones wants to fix "a number of weaknesses in the current regulatory framework" for advisers. ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... which out of the 22 Quality of Advice Review recommendations will become a reality for the wealth management sector. Minister for financial services Stephen Jones today unveiled a number of reforms that aim to remove the red tape that is restricting ...

Australia-UK FTA a boon for local business

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... up from 30, will be able to apply for working holidays in the UK and stay for a maximum of three years instead of two. Minister for trade and tourism Don Farrell said the FTA is a gold standard trade deal that delivers benefits for all Australians - ...

BNPL to be regulated under Credit Act

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... and review of the sector which opened last year. Speaking this morning at the Responsible Lending and Borrowing Summit minister for financial services Stephen Jones said the "unregulated and unchecked" BNPL market would be overhauled to safeguard vulnerable ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... clients who are affected," she said. "On both NALI and the pre-announced super changes, we look forward to engaging with Minister Jones and communicating more detail on these changes to our members when it is available." Chartered Accountants ANZ said ...

UK to ban cold calling on all financial products

JAMIE WILLIAMSON  |  FRIDAY, 5 MAY 2023
... cold calling on all financial products as part of a broader strategy for tackling scams. In an announcement from prime minister Rishi Sunak, the government said it is going to stop scams before they reach people. In part, this will be done by implementing ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
Assistant treasurer and minister for financial services Stephen Jones said that without a sustainable finance taxonomy, regulators will only be able to catch the "most egregious" examples of greenwashing in Australia. Speaking at the Australian Council ...

Adopt QAR recommendations now: Levy

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... affordable and accessible. In an open letter published by the Australian Financial Review, Levy said she is encouraging the minister and government to hasten its process amid rising cost pressures. "Minister Jones has said he is road-testing the recommendations," ...