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Showing 341 - 350 of 1325 results for "Parliament"

Stimulus is finite: Prime Minister

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
... over in six months I think I would not have been upfront with the Australian people," Morrison said. "This will be in parliament tomorrow and it will pass parliament tomorrow, because it must pass parliament. Australians need the certainty of that lifeline ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
... promptly, APRA's directions powers - especially sections 131D and 133 of the SIS Act, updated last year by the Parliament - gives APRA new teeth that may well be tested," she said. "For those who say 'We can't meet government expectations...don't ...

Extraordinary stimulus provides wage subsidy

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
... redundancy payments paid the issue may be more complicated. The government is drafting the legislation and plans to recall parliament early. Morrison said the legislation will take at least a week to draft and the opposition will have to be briefed. ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... yield targeting and QE, are matched by the Morrison government's increased spending. According to news.com.au : "Parliament passed two packages worth $17.6 billion and $66 billion in response to the outbreak of the virus. In separate legislation ...

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... so the livelihoods of all Australians are protected." The stimulus measures will need to be approved by the federal parliament before they are legislated. The next parliamentary sitting is March 23. Morrison said he is willing to inject more fiscal stimulus ...

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
The government's plan to implement recommendations from the Royal Commission has been met with concern and criticism from financial advice industry groups. Both the Association of Financial Advisers and The Advisers Association have lashed out at ...

SG amnesty bill finally passes

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
... guarantee amnesty bill was waved through the Senate yesterday, almost two full years after it was first introduced to the parliament. The Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019 yesterday survived a late amendment squabble ...

Consultation on mortgage broker best interests duty opens

ALLY SELBY  |  THURSDAY, 20 FEB 2020
... prioritise their clients when providing credit assistance. Following recommendations from the Hayne Royal Commission, the parliament introduced a best interests duty for mortgage brokers in February 2019. The duty seeks to align the interests and expectations ...

FASEA extension passes

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
... the extensions. The associations had called for members to advocate for the extensions with their local members of parliament. "Thanks again to members and all financial planners who pushed for this with their local MP and to the AFA for their joint ...

Frydenberg takes RC super advice

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... 12 months since the final report was released, the government has implemented 16 commitments, has legislation before parliament to implement another eight and has substantially progressed a further 35 which have been, or are currently being, consulted ...