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Showing 11 - 20 of 136 results for "Mathias Corman"

Budget surplus unlikely as economy stalls: Fitch

OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
Economic slowdown and waning tax revenue is set to delay the Federal Government's 2019/20 financial year surplus, according to market analysts at Fitch Solutions. In December 2018, Treasurer Josh Frydenberg and Finance Minister Mathias Cormann announced ...

Future Fund to manage new drought fund

KANIKA SOOD  |  TUESDAY, 4 DEC 2018
The Federal Government has introduced a bill to set up a $5 billion fund for drought-related spending that will be managed by the Future Fund Board of Guardians. Minister for Finance and the Public Service Mathias Cormann said the fund will kick off ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
The US Federal Reserve is poised to announce another 25 basis point taking the fed funds rate to 2%-2.25% when it concludes its September FOMC meeting later today. That wouldn't be a surprise. Another 25 basis point hike in December also wouldn't ...

Morrison drops financial services portfolio

JAMIE WILLIAMSON  |  MONDAY, 27 AUG 2018
In an obvious omission, the dedicated financial services portfolio has been scrapped by Australia's latest Prime Minister, Scott Morrison. Announcing a new-look ministry following the Liberal Party's leadership spill last week, the standalone ...

Former SMSF Association chief joins CEFC board

KARREN VERGARA  |  MONDAY, 8 JAN 2018
... Corporation board on February 1. Minister for the Environment and Energy Josh Frydenberg and Minister for Finance Mathias Corman announced Andrea Slattery will join the government body that finances renewable energy and low emissions technologies, together ...

Opposition floats SMSF borrowing ban

EMMA RAPAPORT  |  FRIDAY, 21 APR 2017
Self-managed superannuation funds will be banned from direct borrowing under an expanded housing affordability policy unveiled by the Federal Opposition today. Speaking to media this morning, Shadow Treasurer Chris Bowen said the policy will target ...

Government shelves ASIC register sale

ALEX BURKE  |  WEDNESDAY, 21 DEC 2016
The Federal Government has unexpectedly terminated its sale of ASIC's registry. In a statement, Minister for Finance Mathias Cormann said that following a thorough evaluation of various private sector bids for the register, the process was cancelled. ...

Future Fund gains two board members

DARREN SNYDER  |  MONDAY, 6 JUN 2016
Federal Finance Minister Mathias Cormann recently announced two appointments to the Future Fund Board of Guardians. Joining the Future Fund Board of Guardians for a five-year term are Erin Flaherty and Michael Wachtel. Their term began on 3 April 2016 ...

MYEFO writes down billions in super fund taxes

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
The federal government has all but conceded superannuation funds will not have the greatest 2016 after significant tax write downs in the Mid-Year Economic and Fiscal Outlook (MYEFO) were released yesterday. Superannuation fund taxes have been written ...

FSI and tax response "close to completion": Morrison

LAURA MILLAN  |  THURSDAY, 24 SEP 2015
Treasurer Scott Morrison confirmed that the government's response to the Financial System Inquiry (FSI) is "proceeding and close to completion," despite the recent Liberal spill and cabinet reshuffle. Morrison addressed the media along with Finance ...