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Showing 301 - 310 of 979 results for "Financial System"

Benchmark APRA against global counterparts: Treasury

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
... final report, the Productivity Commission's final report on superannuation and competition in the Australian financial system, IMF's Financial Stability Assessment of Australia and APRA's own internal enforcement review. "The panel should to the extent ...

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
... during the GFC when it dropped from US$0.9786 on 15 July 2008 to US$0.6036 on 27 October 2008 when the global financial system was in chaos. C'mon, Aussie, c'mon, do what you do best and help keep the love going in this lucky country.

SMSFA recognises member achievements

HARRISON WORLEY  |  MONDAY, 25 FEB 2019
... the fact the superannuation system was still lacking an overarching objective four years on from David Murray's financial system inquiry. He said however that the association would continue to advocate in the interests of the self-managed sector. He ...

Super needs a clear objective: Cooper

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... gains tax discounts, and reforms to family trusts. SMSFA chair Deborah Ralston said it was strange that after the Financial System Inquiry in 2014 recommended a clear objective for the aim of the super system be established, it still hadn't occurred. ...

Hayne stops short of dismantling vertical integration

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... structural separation is not likely to prove an effective regulatory response to competition concerns in the financial system.'" However, Hayne agreed with the Productivity Commission's recommendation that the ACCC study the effect of vertical ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... quality of advice, the Government stated it would move to mandate level commissions, as was recommended by the Financial System Inquiry." Also read: Hayne's final verdict on grandfathered commissions.

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
... is owed it will be paid." Frydenberg added the Government's principal focus is on "restoring trust in our financial system and delivering better consumer outcomes, while maintaining the flow of credit and continuing to promote competition." He said ...

Hayne recommends new regulatory overseer

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... ensure financial promises made by superannuation entities APRA supervises are met within a stable and efficient financial system. In calling for an adjusted role for ASIC within superannuation, Hayne said the corporate regulator's responsibility is the ...

Australia Day honours recognise industry stalwarts

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... Public Service Medal for his work in improving the stability, efficiency and competitiveness of Australia's financial system. In 2010 Lonsdale led the development of the Competitive and Sustainable Banking System reform package, improving outcomes ...

Chief economist update: Bring on Aussie dollar depreciation

BENJAMIN ONG  |  THURSDAY, 24 JAN 2019
... during the GFC when it dropped from US$0.9786 on 15 July 2008 to US$0.6036 on 27 October 2008 when the global financial system was in chaos. The A$/US$ exchange rate has now depreciated by 11.9% versus the greenback from 2018's peak of US$0.8098 ...