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Showing 11 - 20 of 515 results for "Powers"

Senate questions APRA's role in Shield, First Guardian disaster

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
... Peter Kohlhagen explained: "The way we approach this matter was to request information, using our information gathering powers, assess our information against our standards to see whether or not they were up to our required standards." Kohlhagen clarified ...

Treasury to reform managed investment scheme governance

KARREN VERGARA  |  TUESDAY, 10 FEB 2026
... appointment, removal or resignation of committee members. This is in addition to increasing ASIC's data collection powers on the retail MIS sector and forcing superannuation trustees to report suspicious or anomalous super switching behaviour to ...

Trump 'playing with fire' over Fed indictment threat

ELIZA BAVIN  |  TUESDAY, 13 JAN 2026
... Bassanese said. "While it makes for political theatre and once again highlights the President's desire to wield wide ranging powers, it risks backfiring if it undermines market confidence in the independence of the US Federal Reserve and pushes long-term ...

Australia evades tariff shocks, CPI to surge in 2026: UN

MATTHEW WAI  |  MONDAY, 12 JAN 2026
... effective tariff rate, based on 2024 trade data, reached 8.9% for Australia, reflecting a low International Emergency Economic Powers Act (IEEPA) reciprocal tariff baseline rate of 10%, the report said. Meanwhile, the effective tariff rate for Japan ...

Mulino wants PII to step up to make CSLR sustainable

KARREN VERGARA  |  MONDAY, 15 DEC 2025
... pursue recoveries under PII policies. To further strengthen regulatory settings, stakeholders want ASIC to exercise its powers to require licensees to maintain PII for the same length of time as they are required to maintain (Australian Financial Complaints ...

HESTA's admin move results in extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 11 DEC 2025
... of licence conditions mean that HESTA is required to take prompt action to address deficiencies. APRA will utilise its powers to hold trustees accountable to meet their obligations to members." In response, HESTA said the change to a new admin platform ...

Australian Ethical Super handed extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 27 NOV 2025
... trustee expenditure decisions are made for the benefit of members. APRA will not hesitate to utilise the full force of its powers to hold trustees accountable to meet this obligation." In response to the APRA action, Australian Ethical Super chair Fiona ...

APRA to continue crackdown on super fund expenditure

ELIZA BAVIN  |  THURSDAY, 13 NOV 2025
... health insurance Carmen Beverley-Smith has warned superannuation trustees that the regulator will use the full extent of its powers if funds are spending member money in irresponsible ways. Beverley-Smith said one reason consumers have a lack of trust ...

Treasury seeks feedback on foreign investment reforms

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
... framework will manage risk, deter bad actors and appropriately penalise serious non-compliance with strong and flexible powers to manage high-risk investment to ensure that Australia's national interest and national security are protected. Treasury ...

Housing Australia Future Fund under audit

ELIZA BAVIN  |  WEDNESDAY, 29 OCT 2025
... on new homes were estimated to be triple that of original estimates. "I believe it is appropriate that you exercise your powers under section 11 of the Auditor-General Act 1997 and conduct a performance audit of the expansion of the HAFF availability ...