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Showing 11 - 20 of 27 results for "Finance Minister Mathias Cormann"

Industry furious at financial advice swap

AAP & ALICE URIBE  |  THURSDAY, 20 NOV 2014
... The disallowance of the government regulations means Labor's FOFA laws will remain in force. Finance Minister Mathias Cormann was unimpressed, describing the hijacking of Senate proceedings on Wednesday and a Labor disallowance motion as "incredibly ...

Government clarifies adviser register funding

LAURA MILLAN  |  MONDAY, 27 OCT 2014
... lodgement fee with the Australian Securities and Investments Commission (ASIC). A spokesperson for Finance Minister Mathias Cormann told Financial Standard that the current lodgement fee of $38 will increase to $44 and that the $24 fee to update and ...

Market Wrap AM

AAP  |  MONDAY, 20 OCT 2014
... the Leading Age Services Australia (LASA) National Congress 2014 in Adelaide. In equities news, Finance Minister Mathias Cormann and Medibank Private managing director George Savvides will announce details of Medibank Private prospectus. And, Slater ...

Coalition secures PUP support on FoFA vote

LAURA MILLAN  |  THURSDAY, 2 OCT 2014
... crossbench Senators to pass the FoFA amendments through legislation before the end of the year. Finance Minister Mathias Cormann argued that the changes to FoFA provide "high quality financial advice by removing unnecessary and costly red tape, while ...

Hockey wants Sinodinos back

JAMES FERNYHOUGH  |  TUESDAY, 16 SEP 2014
... witness in the ICAC inquiry into Australia Water Holdings (AWH). He was temporarily replaced by Finance Minister Mathias Cormann. Two key policy areas - regarding the role of the Fair Work Commission in the choice of default superannuation funds and ...

SG frozen till 2021, industry 'dismayed'

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... Rent Tax Repeal and Other Measures Bill 2014. In a joint statement, Treasurer Joe Hockey and Finance Minister Mathias Cormann said the measure would save the budget around $50 billion over the next decade. Hockey described it as "a damn good deal for ...

Senate saves the LISC

JAMES FERNYHOUGH  |  MONDAY, 21 JUL 2014
... already behind on saving for retirement." However, in a joint release Treasurer Joe Hockey and Finance Minister Mathias Cormann said the move was unsustainable, claiming the three measures would cost $8.5 billion over the forward estimates. "The Government ...

Cormann tables adviser register to "weed out bad apples"

LAURA MILLAN  |  THURSDAY, 17 JUL 2014
... after the government announced the creation of a working group to consult with stakeholders. Finance Minister Mathias Cormann said that the group will begin its consultation process "shortly" and will report to the government by mid-August. The group ...

Senate votes against disallowing FoFA amendments

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
... disallow the government's regulation did not pass as 34 senators voted against and 31 in favour. Finance Minister Mathias Cormann said during the Senate's afternoon session that "our friends at the Palmer United Party came to us with some positive suggestions ...

Intra-fund advice exemptions in doubt

JAMES FERNYHOUGH  |  TUESDAY, 8 JUL 2014
... advice if the Senate blocks the amendments to the Future of Financial Advice (FoFA) reforms, Finance Minister Mathias Cormann has said. Singling out exemptions made by the previous government allowing super funds to charge members a flat fee for the ...