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Showing 371 - 380 of 1264 results for "Federal Government"

Frydenberg splashes $50m to pursue financial services crime

HARRISON WORLEY  |  FRIDAY, 16 NOV 2018
The Federal Government is spending an additional $50 million to increase efforts in prosecuting financial misconduct. Treasurer Josh Frydenberg said an additional $51.5 million would be provided to the Commonwealth Director of Public Prosecutions (CDPP) ...

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... while short-dated corporate bonds have credit exposure. Due to budget deficits in recent years, Harper says the Federal Government has issued a large amount of bonds. Pointing to the Bloomberg AusBond Composite Index, that means the credit component ...

Government amends key super reforms

JAMIE WILLIAMSON  |  WEDNESDAY, 14 NOV 2018
Amending the Protecting Your Super reforms, the Federal Government has made an exception to the opt-in life insurance changes to ensure coverage for Australians working in dangerous occupations. Addressing delegates at the 2018 ASFA Conference, Assistant ...

Labor responds to Royal Commission, sheds light on victims of misconduct

HARRISON WORLEY  |  TUESDAY, 13 NOV 2018
... According to Labor, the Royal Commission's timeframe is "unreasonably short". The Federal Opposition claim the Federal Government deliberately constructed the Royal Commission so as to limit the amount of time instances of misconduct in financial ...

Managed accounts provider enters crowdfunding

DARREN SNYDER  |  WEDNESDAY, 7 NOV 2018
... services to compliment this strategy," the statement said. Crowd-sourced funding rules were enacted by the Federal Government in 2017. They allow small unlisted companies to offer shares (up to $5 million) in any 12-month period while being exempted ...

Frydenberg boosts APRA funding

HARRISON WORLEY  |  MONDAY, 5 NOV 2018
The Federal Government has moved to strengthen supervision of the financial services industry, boosting APRA's funding and reappointing chair Wayne Byres for five years. The prudential regulator will welcome an extra $58.7 million in funding over ...

Life insurer early intervention reforms dumped

KARREN VERGARA  |  THURSDAY, 25 OCT 2018
... reforms proposed to provide better rehabilitation and early intervention treatment have been scrapped by the Federal Government. In response to the Parliamentary Joint Committee on Corporations and Financial Services' report released yesterday, the ...

Revised penalties come down hard on white collar crime

HARRISON WORLEY  |  MONDAY, 22 OCT 2018
The Federal Government will this week introduce legislation into parliament to increase the penalties for white collar crimes. In a media release on Sunday, Treasurer Josh Frydenberg said criminal penalties were set to double in some cases, while civil ...

Government to relax super work test

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
The Federal Government is aiming to boost the superannuation balances of retirees by relaxing the super contributions work test for one year. To be able to make voluntary contributions to super, members aged 65 to 74 are generally required to work a ...

Retirement living advice is an opportunity: Challenger Financial Standard Technical Services Forum

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... various home support available to help advisers have a better conversation with retiree clients. This week, the Federal Government announced its intention to establish a Royal Commission into the aged care sector and is calling for elder financial abuse ...