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Showing 231 - 240 of 1264 results for "Federal Government"

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... management. Many industry stakeholders are calling for simple regulated products akin to MySuper products. The federal government is aiming to create a framework for Comprehensive Income Products for Retirement (CIPRs). Such products will meet minimum ...

Government backs disciplinary body in principle

KARREN VERGARA  |  MONDAY, 30 NOV 2020
The federal government said it supports the establishment of the new single disciplinary system for financial advisers providing tax advice "in principle" in response to the independent review of the Tax Practitioners Board. In announcing its support ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
The federal government has released its draft legislation for the Your Future, Your Super reforms, opening the industry consultation period until December 24. The package of reforms, which was unveiled in the 2020-21 budget, has four main components ...

Frydenberg unveils Retirement Income Review

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
The federal government's landmark review into the nation's retirement income system left no stone unturned in examining the "complex" structure but fell short of making any recommendations. In releasing the 648-page report this morning, Treasurer ...

Hume scrutinises super fund spend

KARREN VERGARA  |  MONDAY, 16 NOV 2020
Senator Jane Hume is cracking down on how superannuation funds spend members' money and subjecting them to the same stringent reporting and disclosure requirements as publicly-listed companies. The Minister for Superannuation, Financials Services ...

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
... exports, nonresidential fixed investment, and residential fixed investment that were partly offset by decreases in federal government spending (reflecting fewer fees paid to administer the Paycheck Protection Program loans) and state and local government ...

Australian Business Growth Fund launches

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
... inaugural chief executive of the fund and Will Hodgman, former premier of Tasmania, has been appointed chair. The federal government will work alongside participating banks through the fund to ensure small and medium-sized businesses have access to equity ...

Several black holes in budget

KARREN VERGARA  |  WEDNESDAY, 7 OCT 2020
There were several missed opportunities in the federal government's 2021 budget, according to industry leaders in the superannuation and charitable-giving sectors. The superannuation sector is letting Treasurer Josh Frydenberg's proposals sink ...

Super's role in new $10bn infra spend

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... in roads. A 2018 business case put the cost of capital at $1 billion, split almost evenly between state and federal government with no private sector contribution.

Fintechs receive JobMaker funding boost

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
Fintechs and regtechs are among the beneficiaries of the Federal Government's $800 million package aiming to help businesses boost their digital capabilities as part of the JobMaker scheme. The JobMaker Digital Business Plan will give fintechs a $9.6 ...