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Showing 11 - 20 of 100+ results for "Treasurer Josh Frydenberg"

FAR draft legislation released

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... financial institutions are significant for millions of Australians and the Australian economy," federal Treasurer Josh Frydenberg and minister for superannuation and financial services Jane Hume said in a statement on Friday. FAR was part of the Hayne ...

Relief payments confirmed for NSW

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 JUL 2021
... boosting business cash flow to get them through extended lockdowns," Prime Minister Scott Morrison and Treasurer Josh Frydenberg said in a joint statement. "The new national arrangements have been developed following close cooperation between the Commonwealth ...

Insurers dodging Royal Commission reform

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... sale of a principal product or service and the sale of an add-on insurance product. However, on July 8, Treasurer Josh Frydenberg provided numerous exemptions to the laws as the outcome of consultation with the industry. Classes of insurance products ...

Virtual company meetings to stay

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
... provide shareholders with enhanced opportunities to both participate in and scrutinise company meetings," Treasurer Josh Frydenberg said. The exposure draft legislation also includes further reforms allowing sole directors who are not also appointed ...

Government to create ASIC, APRA regulator

ANNABELLE DICKSON  |  THURSDAY, 24 JUN 2021
... effectiveness of the regulators (for example, the fields of expertise required to assess the regulators)." Treasurer Josh Frydenberg added that the reports will "complement the existing accountability mechanisms that apply to the regulators". One of ...

Government to strengthen FMI

ANNABELLE DICKSON  |  WEDNESDAY, 9 JUN 2021
... securities transactions and $185 trillion in notional value of derivatives transactions every year," treasurer Josh Frydenberg said. The reform package will introduce a crisis management regime that will allow the RBA to manage a failure at a domestic ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... of the industry is required in order to ensure fair and reasonable outcomes for all class members," treasurer Josh Frydenberg said. The government has acted on Recommendation 29 by introducing legislation to implement permanent changes to Australia's ...

Future Fund adds super fund chair

JAMIE WILLIAMSON  |  WEDNESDAY, 26 MAY 2021
... complement those of the existing board members, and that she will make valuable contribution to the board," treasurer Josh Frydenberg said. Michael Wachtel has also been reappointed to the Board of Guardians, with his term extended by four years. Wachtel ...

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
... interest rates," it reads. Taken May 11-19, IHS Markit failed to include the budget - the one where treasurer Josh Frydenberg announced a spending splurge of around $74.6 billion in order secure Australia's recovery. Perhaps, respondents were still ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... financial planners, are set to benefit from the 30% tax rate reducing to 25% from 1 July 2021. Federal treasurer Josh Frydenberg also announced last night that temporary full expensing has been extended until 30 June 2023. This enables small businesses ...