Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 381 - 390 of 2539 results for "Minister"

Advisers win annual renew law relief

KARREN VERGARA  |  FRIDAY, 11 JUN 2021
... advice industry. The Association of Financial Advisers (AFA) acting chief executive Phil Anderson said: "We thank the minister for responding to this issue and coming forward with a solution." Anderson explained that the new proposal requires advisers ...

Government to strengthen FMI

ANNABELLE DICKSON  |  WEDNESDAY, 9 JUN 2021
The government will soon introduce a regulatory reform package on Financial Market Infrastructure (FMI) following a review by Australia's financial regulators. The Council of Financial Regulators (CFR) consisting of APRA, ASIC, Treasury and the Reserve ...

YFYS on its way to Senate

KANIKA SOOD  |  FRIDAY, 4 JUN 2021
The House of Representatives passed hotly-debated Your Future, Your Super bill last night, with Labor getting away with just one of the amendments on its wish list. Best Financial Interest Duty's proposal to give ministers the power to ban superannuation ...

Chief economist update: A delicate balancing act

BENJAMIN ONG  |  FRIDAY, 4 JUN 2021
"The demand picture has shown clear signs of improvement." So declared Saudi Arabia's oil minister Prince Abdulaziz bin Salman as the OPEC+ group of oil producing nations met and decided to gradually increase oil production in July. The OPEC+'s ...

Family law super reforms released

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... proceedings, and will reduce the time, cost and complexity for parties seeking accurate superannuation information," minister for superannuation and financial services Jane Hume said. The bill will be accessible in the Family Court of Australia, Federal ...

Court says minister has 'duty of care' in coal investment

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
The Federal Court has ruled in favour of eight high school students, finding that the Federal Environment Minister has a duty of care not to cause them harm from climate change. The case was brought by Equity Generation Lawyers principal David Barnden. ...

ECPI draft legislation released

ANNABELLE DICKSON  |  MONDAY, 24 MAY 2021
... exposure draft legislation to reduce red tape for super funds when calculating the exempt current pension income (ECPI). The minister for financial services, superannuation and the digital economy Jane Hume said the draft legislation simplifies reporting ...

Labor to push for YFYS stapling amendments

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
... legislation after urgent calls from stakeholders. "I just can't see that happening," Jones said. "I don't know what the minister has got to say about that...I don't even believe that the government can get the measures up and running themselves ...

Boards should be "strap-on brains": Cosgrove

ELIZABETH MCARTHUR  |  TUESDAY, 18 MAY 2021
... direction to their team. "Leaders must be accessible," he added, using the example of the public's unhappiness with Prime Minister Scott Morrison being overseas during the bushfires at the start of 2020. "We want our leaders to be... as much among ...

Aussies regret ERS withdrawals: AIST poll

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
Nearly seven in 10 Australians who dipped into their superannuation during COVID-19 are concerned the decision has made them less financially secure, according to a poll from the Australian Institute of Superannuation Trustees. AIST also says one in ...