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Showing 361 - 370 of 1271 results for "Federal government"

Future Fund delivers 5.8%

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... addition to the flagship fund, Future Fund also manages other funds (with different investment mandates) for the federal government and has just added a new one. The performance for these wasn't as exciting as the main fund for the year ending December ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
... Commission has made 76 recommendations to address industry misconduct and Treasurer Josh Frydenberg said the Federal Government will act on each of them. The Treasurer has put the blame of industry misconduct solely on Australia's financial services ...

Former ACCC chair will lead APRA capability review

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
The Federal Government has appointed a former Australian Competition and Consumer Commission chairman to lead a capability review of the Australian Prudential Regulation Authority. Responding to the Royal Commission's final report into Misconduct ...

First neobank granted full banking licence

OSKAH DUNNIN  |  WEDNESDAY, 23 JAN 2019
... highest raising since the initial APRA reform. Frydenberg believes Volt Bank's success is due in part to broader federal government economic policy. "Increasing competition in the banking sector to give consumers more choice, lower prices and better ...

Budget surplus unlikely as economy stalls: Fitch

OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
... Fitch Solutions. In December 2018, Treasurer Josh Frydenberg and Finance Minister Mathias Cormann announced the Federal Government had received higher than expected revenue from individual and company taxes. This suggested a $4.1 billion Budget surplus ...

Best-in-show splits industry

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
... establishing an expert panel to select the best funds to help guide consumer choice. The Commission wants a Federal Government-backed expert panel to oversee the list. It sees the panel selecting from products submitted that meet a clear set of criteria ...

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... and make it available on their website annually. Also on the insurance front, the Commission recommended the Federal Government to establish a joint regulator taskforce to advance the Insurance in Superannuation Voluntary Code of Practice. Its aim is ...

Ausbil ESG strategy advances

DARREN SNYDER  |  THURSDAY, 3 JAN 2019
... said. Ausbil strongly supported the recent assent of the Modern Slavery Act in Australia, engaging both the Federal Government and individual businesses. "There are about 40 million people living in modern slavery conditions in the world. That makes ...

AFA explains stance on grandfathered commissions

DARREN SNYDER  |  FRIDAY, 21 DEC 2018
... stream products, life insurance arrangements and the cost of the advice would all need to be considered. "The Federal Government needs to come to the party on some of these issues and provide things like CGT rollover and Centrelink deeming rollover treatment ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... the industry when it shut-down in June. Shortly after, the AFA set about lobbying the corporate regulator and Federal Government to extend the transition period provided to Dover Financial Advisers' authorised representatives. High profile adviser ...