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Showing 241 - 250 of 703 results for "Senator"

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
... fiscal policy." And there's the flavour of the current cycle - the flattening yield curve. Responding to a question by senator Pat Toomey about this and its implication for Fed policy, Powell answered that the FOMC have discussed this but for him ...

Social media singles out ASIC in Royal Commission coverage

ALEX BURKE  |  MONDAY, 16 APR 2018
... #compensation for advice leading to no service or financial loss #ChangeTheRules - Carol Brown (@SenCarolBrown) April 16, 2018 Senator for Tasmania Carol Brown called out the advisers who charged clients up to $2000 in fees for no service.. @asicmedia ...

Complaints authority welcomes new chair

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
... former politician to chair the new one-stop-shop financial complaints body. Helen Coonan, who was a long-serving Federal senator and cabinet minister, is the chair of the newly legislated Australian Financial Complaints Authority (AFCA). Minister for ...

AFCA, key housing bills passed

EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
... accounts, will come into effect from 1 July 2018. The First Home Super Savers Scheme was supported by Liberal Democrats senator David Leyonhjelm after an amendment to ensure a review of the scheme after 18 months was added. Related story: First home ...

Salt reveals retirement hotspots

EMMA RAPAPORT  |  WEDNESDAY, 6 DEC 2017
... passed the Senate yesterday, and have been returned to the House of Representatives for a single amendment proposed by Senator Leyonhjelm to be either accepted or rejected. The initiative is estimated to have a cost to Budget revenue of $30 million.

Government superannuation reforms shelved

EMMA RAPAPORT  |  TUESDAY, 5 DEC 2017
... MySuper products; and mandate the appointment of independent directors to industry fund boards. They were put on hold after Senator Patrick and the Nick Xenophon Team withdrew their support, citing the exclusion of "choice" funds from the legislation. ...

Labor, FSU call for Royal Commission

KARREN VERGARA  |  TUESDAY, 29 AUG 2017
... all the banks because FSU members report concerns about culture and governance issues across the industry," she said. Senator Katy Gallagher said while Labor welcomes APRA's independent inquiry, the serious allegations of corporate failings against CBA ...

Complex operations leaving life customers confused

KARREN VERGARA  |  FRIDAY, 18 AUG 2017
... an expert in the field, with record mental health claims for the business last year. In a separate session, Nationals senator John Williams raised concerns over younger people's ignorance about group insurance. Senator Williams pressed AMP chief executive ...

AFA launches conference program

JAMIE WILLIAMSON  |  WEDNESDAY, 16 AUG 2017
... Kelly O'Dwyer which will discuss her vision for financial advice. O'Dwyer will also be a guest of honour, alongside Labor senator Katy Gallagher, at the annual AFA Licensee Leaders Forum. Throughout the conference advisers will benefit from sessions ...

Industry supports super threshold removal

EMMA RAPAPORT  |  TUESDAY, 20 JUN 2017
... 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 wage threshold - which has allowed employers to forego ...