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Showing 361 - 370 of 2537 results for "Minister"

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
... follows yesterday's announcement that Bracks will exit the fund in January next year. Former Treasurer and Deputy Prime Minister Wayne Swan will succeed him as Cbus chair.

ASIC red tape unit welcomed

ANNABELLE DICKSON  |  WEDNESDAY, 1 SEP 2021
... relief the government announced this morning for financial advice are important steps forward for Australian businesses," minister for superannuation and financial services Jane Hume said. The unit was announced in ASIC's 2021-25 Corporate Plan which ...

Wayne Swan to chair Cbus

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Former treasurer and deputy prime minister Wayne Swan will chair $65 billion industry fund Cbus. The fund announced today that Swan would succeed long-serving chair Steve Bracks next year. Commenting on his appointment, Swan said: "I'm humbled to ...

Financial adviser levy to drop

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... regulator's 2020/21 Cost Recovery Implementation Statement. In a joint release from treasurer Josh Frydenberg and minister for superannuation and financial services Jane Hume, the government said the temporary relief is aimed at ensuring Australians ...

KiwiSaver, NZ Super Fund architect remembered

JAMIE WILLIAMSON  |  FRIDAY, 20 AUG 2021
... most influential politicians. The New Zealand government announced today the passing of Sir Michael Cullen, with Prime Minister Jacinda Ardern saying the nation is "so much the richer, in every sense of the word" for his life. In 2001, as Finance Minister ...

Super fund reporting, auditing reform consultation opens

JAMIE WILLIAMSON  |  FRIDAY, 13 AUG 2021
... a lack of transparency, accountability and regulatory oversight unsuited to the compulsory nature of superannuation," minister for superannuation Jane Hume said in announcing the consultation. According to the draft reforms, relevant super funds account ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
... 5.1% in the year to June versus 11.6% in te preceding month and expectations for a small 0.1% increase. Japanese prime minister Yoshihide Suga's administration and the Bank of Japan's (BOJ) need to something and soon. More so, given the technical ...

FAR draft legislation released

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... are slated for a start date of 1 July 2023 or 18 months after FAR's commencement -- whichever happens later. The minister has the power to set thresholds for enhanced notification requirements for entities that will be subjected to FAR. Currently ...

Relief payments confirmed for NSW

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 JUL 2021
... increased weekly payments for households and 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 ...

Ian Silk to leave AustralianSuper

KARREN VERGARA  |  TUESDAY, 13 JUL 2021
The chief executive of Australia's biggest superannuation fund AustralianSuper will step down before the end of the year. Having led the fund since its creation on 1 July 2006, Ian Silk is set to leave the super fund at the end of this year. Chief ...