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Showing 21 - 30 of 67 results for "Albanese Government"

Labor accelerates defence spending

KARREN VERGARA | TUESDAY, 25 MAR 2025

The defence portfolio will grow to $57.6 billion over the next decade as the Albanese government tightens national and economic security amid growing geopolitical tensions. As announced last year, the government will invest an additional $50.3 billion ...

Government looks to bolster TPB, tax compliance

JAMIE WILLIAMSON | TUESDAY, 25 MAR 2025

... Tax Practitioners Board (TPB) to protect consumers against misconduct. As part of the Federal Budget, the Albanese government is enhancing sanctions the TPB can impose, modernising the registration framework for tax practitioners and providing funding ...

What to expect in the 2025 Federal Budget

ELIZA BAVIN | TUESDAY, 25 MAR 2025

... cost-of-living relief. The ongoing cost-of-living relief is expected to take front and centre, especially as the Albanese government is required to call the federal election prior to May 17 - a move that HSBC chief economist Paul Bloxham has warned against. ...

Jones calls out super sector, hints at more reform

ELIZA BAVIN | THURSDAY, 20 MAR 2025

... rely on their superannuation as an increasing part of their retirement income." Speaking on the reforms the Albanese government has already rolled out, Jones said it was just the beginning. "The new service standards that we will be working on will be ...

Foreign investors banned from buying homes

ELIZA BAVIN | MONDAY, 17 FEB 2025

The Albanese government has announced it will ban foreign investors from buying established homes for at least two years and crack down on foreign land banking. Treasurer Jim Chalmers said the move is aimed at easing pressure on the Australian housing ...

Treasury consults on genetic test ban in life insurance

JAMIE WILLIAMSON | WEDNESDAY, 12 FEB 2025

... 'genetic test' for the purposes of their own regime, which vary in complexity and specificity," he said. "The Albanese government is committed to providing Australians with the confidence to undergo potentially life-saving genetic testing without fear ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA | FRIDAY, 31 JAN 2025

... determined by the relevant minister at the time. Assistant treasurer Stephen Jones this morning announced that the Albanese government is directing Treasury to undertake a comprehensive review of the CSLR to ensure victims of financial misconduct have ...

Government to streamline financial reporting

ELIZA BAVIN | FRIDAY, 24 JAN 2025

... a new single entity for the setting of accounting, sustainability, auditing and assurance standards. "The Albanese government is streamlining Australia's financial reporting bodies to help build a more competitive, dynamic and productive economy," ...

Treasury reappoints 24 members to FSCP

ELIZA BAVIN | MONDAY, 9 DEC 2024

The Albanese government has reappointed 24 members to the Financial Services and Credit Panel (FSCP) for a three-year period beginning 1 January 2025. The candidates bring with them a range of knowledge and experience across the fields of business ...

Coalition urges super funds to push for QAR reforms

ELIZA BAVIN | THURSDAY, 21 NOV 2024

... for financial services Luke Howarth has called on attendees to the ASFA conference to put pressure on the Albanese government to legislate reforms from the Quality of Advice Review (QAR). "Sadly, the Labor government has been slow to progress these reforms ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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