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Showing 291 - 300 of 2536 results for "Minister"

Ministers told to divest shareholdings

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
Under a new code of conduct introduced by Prime Minister Anthony Albanese, federal ministers must divest any direct investments held outside of a public superannuation fund, listed managed funds and some trust arrangements. The code of conduct for ministers ...

Review of YFYS receives mixed response

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
... Your Future, Your Super (YFYS) laws and MySuper performance tests has had a mixed reception. Assistant treasurer and minister for financial services Stephen Jones said the government is aware of concerns that YFYS reforms had the potential to perverse ...

Sri Lanka announces bankruptcy

CHLOE WALKER  |  FRIDAY, 8 JUL 2022
Sri Lanka's debt-laden economy has collapsed, and its newly elected prime minister has announced bankruptcy as the island nation suffers its worst financial crisis in decades. Due to the crisis, the country has seen severe shortages of necessities like ...

Performance test expansion paused as government announces review

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2022
... Future, Your Super (YFYS) performance test beyond MySuper products for 12 months while conducting a review of the laws. Minister for financial services Stephen Jones announced that the review will commence after the second round of MySuper performance ...

Ken Henry resigns from ASX board

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
... Secretary of the Department of Communications and the Arts. Smith has also held senior positions in the departments of Prime Minister and Cabinet (including heading the Prime Minister's taskforce on Innovation), Foreign Affairs and Trade, and the Treasury ...

Government commits to Quality of Advice Review in current form

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
Minister for financial services Stephen Jones has met with independent reviewer Michelle Levy to discuss the ongoing review. In a statement, Jones confirmed he has met with Levy and supports the review continuing under its current Terms of Reference. ...

NSW to introduce options for first home buyers

CASSANDRA BALDINI  |  TUESDAY, 21 JUN 2022
... schemes combined with existing options look to support 97% of all first home buyers, or about 55,000 people per year. Minister for planning and minister for homes Anthony Roberts said the property tax option for first home buyers will help increase home ...

Stuart Robert named shadow financial services minister

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
... services portfolio in Peter Dutton's shadow ministry, while Angus Taylor is shadow Treasurer and Jane Hume becomes finance minister. Robert has been appointed as the shadow assistant treasurer and shadow minister for financial services after previously ...

Stephen Jones confirmed as financial services minister

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
Stephen Jones has today been sworn in as assistant treasurer and minister for financial services, replacing Jane Hume who had overseen the financial services portfolio since 2019. Jones has served as shadow financial services minister since 2019 and ...

Industry groups welcome Labor government

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... Australia (ICA) and Association of Superannuation Funds of Australia. On the morning Albanese was sworn in as the 31 st prime minister of Australia, ASFA congratulated the incoming government and also Jim Chalmers' appointment as treasurer. In a ...