Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 299 results for "Tranche"

Super performance test, DBFO reforms coming: Government

ELIZA BAVIN  |  WEDNESDAY, 12 NOV 2025
... reforms to expand the coverage of the test from around 80 products to more than 800 and now we're consulting on another tranche of reform," Chalmers said. "At our Economic Reform Roundtable in August, we heard that there was more that we could consider ...

Revolution expands alts offering in partnership with ColCap

RIDDHIMA TALWANI  |  MONDAY, 3 NOV 2025
Revolution Asset Management will expand its alternatives offerings by partnering with non-bank lender ColCap Financial. Under the partnership, ColCap will acquire a 14% stake in Revolution, while Channel Capital will convert its existing interest into ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
... the Customer Outcomes and Risk Excellence (CORE) Program and appointed an independent reviewer. The first $500 million tranche was removed in July last year. At the time, APRA said the remaining $500 million would stay in place until Westpac completed ...

Account number issue causes angst, undue admin work: FAAA

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
Flaws in Delivering Better Financial Outcomes (DBFO) Tranche 1 has inundated financial advisers with angst and more administrative work thanks to confusion surrounding account number inclusion in consent forms, according to the Financial Advice Association ...

Mulino sits on Tranche 2 for now, grapples with complexity

KARREN VERGARA  |  WEDNESDAY, 30 JUL 2025
Minister for financial services Daniel Mulino says releasing the next exposure draft for the "complex" second tranche of Delivering Better Financial Outcomes (DBFO) reforms is a top priority, but the financial advice sector should not expect it anytime ...

Rest calls for super performance test reforms

ELIZA BAVIN  |  TUESDAY, 29 JUL 2025
... the Government to unlock new ideas and build consensus on reform." Rest also called on the government to legislate the Tranche 2 DBFO reforms as soon as possible. Rest said the reforms will provide a pathway for funds to increase the scope and reach ...

Chalmers opens economic reform consultation

ELIZA BAVIN  |  MONDAY, 30 JUN 2025
Treasurer Jim Chalmers has opened the new economic reform consultation paper while issuing more invitations to the government's Economic Reform Roundtable. "The roundtable is an important opportunity to build consensus for long term economic reform," ...

AIOFP, FAAA encouraged by first meeting with Mulino

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
... agrees that the Delivering Better Financial Outcomes reforms are a priority. He is focused on releasing the remaining tranche of the reforms as quickly as possible," Abood said. "He also recognises the importance and urgency of resolving the problems ...

Reducing super tax cap to $2m 'a concern': FAAA

ELIZA BAVIN  |  FRIDAY, 9 MAY 2025
... priority issue, of course, is DBFO. The legislation is half there. We've talked about cutting red tape. The first tranche of reforms were aimed at trying to help that situation, but there's no doubt that there's still a hell of a lot of work ...

FAAA calls for stronger consumer protections in advice reforms

ANDREW MCKEAN  |  WEDNESDAY, 7 MAY 2025
... protection in the provision of super nudges in its submission to Treasury on the Delivering Better Financial Outcomes (DBFO) Tranche 2 Part A draft legislation. The FAAA supports the government's goal of increasing access to financial advice, however ...