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Showing 271 - 280 of 5383 results for "Federal"

Government to scrap advisers' approved qualifications list

KARREN VERGARA  |  MONDAY, 10 FEB 2025
The federal government is backtracking on one key financial adviser education requirement by scrapping the list of approved qualifications and proposing to allow any bachelor's degree or higher. Assistant treasurer Stephen Jones this morning announced ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... change the venue of the meeting. The court ultimately denied Keybridge's case, leading to an appeal being lodged in the Federal Court which was also denied. Keybridge has been planning a capital raise since November 2024, with the proceeds to help ...

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
... establish long-term economic security, and promote economic and strategic leadership internationally. It also noted that the federal government directly holds US$5.7 trillion in assets and indirectly, including through natural resource reserves, holds ...

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
Industry superannuation fund BUSSQ has lost its legal challenge against APRA, with the Federal Court dismissing its bid to overturn additional licence conditions. Last August, APRA imposed additional licence conditions on BUSSQ's trustee over concerns ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... walking away virtually unscathed," she said. "The problems with the CSLR are known, and urgent. In the context of a looming federal election, we urge the minister to act now on the fixing the issues that are within his power to resolve." CPA Australia's ...

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... treasurer and minister for financial services Stephen Jones is retiring from politics and will not contest the upcoming federal election. Jones spent 15 years as the member for Whitlam - covering Illawarra and the Southern Highlands. In a statement ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... now 0.5% and that makes it around a third of what it was at the time of the election." Chalmers' comments come as the US Federal Reserve kept interest rates steady overnight at 4.25-4.5%. It was the first time since August 2024 the FOMC left policy unchanged. ...

CPI nears RBA's target range, but rate cut remains in doubt: Experts

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
... "mitigating" the cost-of-living crisis. However, the RBA is forecasting inflation will spill over its target range once state and federal governments pull back support. "Headline inflation is expected to temporarily be within the target range over the ...

Chalmers' claims on super tax are 'misleading': SMSFA

MATTHEW WAI  |  FRIDAY, 24 JAN 2025
... the lower house in October last year; it currently remains before the Senate and could be postponed to until after the federal election. Burgess has previously pointed out the Bill will likely not pass the Senate crossbench, but claimed the government ...

Financial services deregulation boosts economy by $2bn: FSC

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... legacy products and facilitate the movement of consumers into more modern, higher performing, and lower-cost products. The Federal Election Policy Priorities report also points to implementing an evidence-based review of the tax system, instead of piecemeal ...