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Showing 271 - 280 of 436 results for "Morrison"

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... panacea" and will unlikely be an effective regulatory response to competition concerns in this segment. Treasurer Scott Morrison told a media event there is a "much bigger opportunity" for competition to open up in superannuation. "I think there are ...

New lead for Productivity Commission

JAMIE WILLIAMSON  |  MONDAY, 16 JUL 2018
... deputy secretary of the Victorian Department of Treasury and Finance. In announcing the appointment, Treasurer Scott Morrison said: "I congratulate Mr. Brennan on his appointment and look forward to him making a significant contribution to the important ...

Sequoia sells direct equities business

ALEX BURKE  |  FRIDAY, 22 JUN 2018
... acquisition of Melbourne-based financial planning and accounting services firm InterPrac and online trading platform Morrison Securities. In December 2017, Sequoia announced a number of strategic investments, including the purchase of My Own Super Fund's ...

Default life insurance reforms ineffective: Research

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
... retirement savings and cost the economy $2.46 billion annually, latest research from AIA Australia shows. Treasurer Scott Morrison announced in this year's Budget that superannuation funds will move from the default life insurance arrangements for members ...

Chief economist update: Another five minutes of sunshine?

BENJAMIN ONG  |  THURSDAY, 7 JUN 2018
Australians all, let us rejoice! Our economy is in pole position. The Australian Bureau of Statistics' (ABS) National Accounts report showed the economy expanded by 3.1% in the year to the March quarter, accelerating from the 2.4% in the previous ...

Retirement income paper open for consultation

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
... Supervision Act 1993. The SIS Act already has covenants on insurance and investment. On Budget night, Treasurer Scott Morrison flagged the upcoming release of the retirement covenant paper that opened for consultation yesterday. Future work on legislation ...

Budget measures to drive up super costs

ALEX BURKE  |  MONDAY, 14 MAY 2018
... charged by superannuation funds announced in this year's Budget may have unintended consequences. As per Treasurer Scott Morrison's speech, the Government will introduce a 3% annual cap on passive fees charged by funds on balances below $6000, and ban ...

Infrastructure receives $24.5 billion injection

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
... could create opportunities for infrastructure investors and managers in the future. In his Budget speech, Treasurer Scott Morrison said the $24.5 billion was a part of the $75 billion 10-year rolling infrastructure plan. Key infrastructure investments ...

Morrison sharpens blockchain, AI agenda

KARREN VERGARA  |  WEDNESDAY, 9 MAY 2018
... boost in last night's Budget, a move the Treasurer said will increase competition and create new jobs. Treasurer Scott Morrison said the funding boost will build on its Financial Technology Innovation initiatives first introduced in last year's Budget. ...

What the 2018 Budget means for you

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... also be introduced for pooled lifetime income streams. Baby boomers were also a beneficiary from the Budget. Under Scott Morrison's proposed $259 million package, working baby boomers who also receive aged care pensions will now be able to earn up to ...