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Showing 21 - 30 of 489 results for "Assistant Treasurer"

Spender criticises Labor's 'lack of urgency' on advice reforms

ELIZA BAVIN  |  THURSDAY, 17 APR 2025
... Resort (CSLR), because I think that is really important," she said. "We have already been engaging with the Assistant Treasurer on this issue. [The CSLR] is there for a good reason; to compensate losses incurred by clients of poor financial advice. "However ...

Coalition targets 'ambitious' goal of 30k advisers

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
Shadow Treasurer Angus Taylor and Shadow Assistant Treasurer Luke Howarth have announced a range of measures the Coalition would be looking to prioritise for the financial advice industry if elected on May 3. Among these policies, Taylor and Howarth ...

Jones calls out super sector, hints at more reform

ELIZA BAVIN  |  THURSDAY, 20 MAR 2025
Assistant Treasurer and Minister for Financial Services Stephen Jones told Financial Standard that the government's work on reforming the superannuation sector is not done. Speaking on the Financial Standard podcast, Jones praised the positive aspects ...

Tranche 2 is coming before the election: Jones

ELIZA BAVIN  |  WEDNESDAY, 19 MAR 2025
Assistant Treasurer and Minister for Financial Services Stephen Jones has confirmed Tranche 2 off the Delivering Better Financial Outcomes reforms will be released before the upcoming election. Speaking to Financial Standard, Jones said Tranche 2 has ...

Government releases draft payday super law

ANDREW MCKEAN  |  FRIDAY, 14 MAR 2025
... government said will ensure "workers earn more, keep more of what they earn, and retire with more as well." Assistant Treasurer Stephen Jones said that switching to payday super means a 25-year-old on a median income, who currently receives their super ...

Treasury responds to CHESS replacement inquiry

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... in September 2024, and consulted on a draft ministerial instrument from 15 January to 1 March 2024, and the Assistant Treasurer made the Corporations and Competition (CS Services) Instrument 2024, which entered into force on 14 May 2024. Treasury supported ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... responsibilities - which she described as "deeply disappointing." Last month, treasurer Jim Chalmers and outgoing assistant treasurer Stephen Jones announced new mandatory minimum service standards for all large APRA-regulated superannuation funds. Billed ...

Jones flags drafting of Tranche 2 legislation

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
Assistant treasurer Stephen Jones said Tranche 2 of the Delivering Better Financial Outcomes (DBFO) reforms remains a priority before he bows out of politics but fell short of confirming when the draft bill will see the light of day. Jones told a recent ...

Government to scrap advisers' approved qualifications list

KARREN VERGARA  |  MONDAY, 10 FEB 2025
... scrapping the list of approved qualifications and proposing to allow any bachelor's degree or higher. Assistant treasurer Stephen Jones this morning announced the proposed change - which calls for a bachelor's degree or higher across any discipline ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... threat for financial advice in this country." This will be 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 ...