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Showing 11 - 20 of 1706 results for "Treasurer"

New life insurance regulations rolled out

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
Assistant treasurer and minister for financial services Stephen Jones has issued life insurance regulations that aim to modernise the legislative framework. The Life Insurance Regulations 2024 establishes a threshold for annuities, dictating that the ...

Reforms will strengthen retirement advice: Experts

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... as there are some five million SMSF members who have unmet advice needs that they can tend to. Last year, assistant treasurer Stephen Jones revealed the first two tranches of the QAR reforms. The second phase proposes opening financial advice to banks ...

ANZ gets green light for Suncorp merger

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... Completion of the acquisition remains subject to legislative amendments by the Queensland Parliament and approval by treasurer Jim Chalmers. At the time of writing, Suncorp's shares have risen as much as 7.8% to $15.56. According to CommSec, this ...

Treasury promises flexibility to adviser qualifications

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
... flexibility" in gaining educational and training qualifications under new amendments proposed by Treasury. Yesterday, assistant treasurer Stephen Jones launched a consultation to update how advisers can demonstrate they satisfy the conditions of an approved ...

Greg Combet to succeed Peter Costello as Future Fund chair

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024
... is set to replace Peter Costello as chair of the Future Fund, commencing mid-year. At a press conference in Canberra, treasurer Jim Chalmers said the appointment of Combet, who only recently relinquished his role as chair of IFM Investors to take up ...

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
... at regulating clearing and settlement (CS) services. The proposed instrument, issued under the authority of assistant treasurer Stephen Jones, outlines the framework for ASIC to enforce rules governing the conduct and activities of CS facility licensees ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... companies make more informed investment decisions and lay the foundation for a stronger, more robust financial system," Treasurer Jim Chalmers said. "The government is taking a balanced approach with these changes following extensive consultation with ...

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... leadership team." Today, Bullock and the RBA board agreed to a new Statement on the Conduct of Monetary Policy released by treasurer Jim Chalmers. This statement reaffirms the government's commitment to RBA independence, set out the agreed approach to ...

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
Treasurer Jim Chalmers has responded to criticism of the government's plans around the introduction of payday superannuation, saying holding off until 2026 is deliberate and will give employers plenty of time to get it right. Unpaid superannuation ...

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN  |  FRIDAY, 1 DEC 2023
... proposed bill that would double tax on many Australians superannuation earnings. Yesterday in Parliament, assistant treasurer Stephen Jones introduced the government's controversial Better Targeted Superannuation Concessions Bill - the legislation introduces ...