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Showing 21 - 30 of 254 results for "Federal Treasurer"

ASIC to ease hardline stance

KARREN VERGARA  |  FRIDAY, 27 AUG 2021
... regulatory powers even though the Hayne Royal Commission exposed its ineffectiveness at enforcing corporate law. Federal treasurer Josh Frydenberg overnight released a new set of expectations and mandates for the corporate regulator. In the Statement ...

Economic recap: Week to July 23

BENJAMIN ONG  |  MONDAY, 26 JUL 2021
... infections in Victoria and South Australia lifted hopes that restrictions would be eased as soon as this week. Federal Treasurer Josh Frydenberg estimates that the NSW lockdown is costing the economy $700 million a week. Some estimate a hit to the economy ...

FAR draft legislation released

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... executives of financial institutions are significant for millions of Australians and the Australian economy," federal Treasurer Josh Frydenberg and minister for superannuation and financial services Jane Hume said in a statement on Friday. FAR was part ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... owners, like financial planners, are set to benefit from the 30% tax rate reducing to 25% from 1 July 2021. Federal treasurer Josh Frydenberg also announced last night that temporary full expensing has been extended until 30 June 2023. This enables small ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
... is not over. For as long as the virus persists, so will we. So tonight, we go further." This is according to federal treasurer Josh Frydenberg, who last night, went further, announcing a spending splurge of around 74.6 billion in order secure Australia's ...

Infrastructure investment builds to $170bn

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... opportunities for growth and jobs. In this budget, we are investing $1.2 billion in our digital economy strategy," federal treasurer Josh Frydenberg said. "Establishing a new national network of Artificial Intelligence Centres to drive business adoption ...

Draft regulation on YFYS released

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
... members; and ensure that Australian superannuation funds can invest with confidence in these domestic assets," federal treasurer Josh Frydenberg and minister for superannuation and financial services Jane Hume said in a joint statement. Both changes ...

Chester eyes ASIC chair role

KARREN VERGARA  |  FRIDAY, 19 MAR 2021
... the same privilege. He declined to answer, saying that it was a private matter. Following discussions with the federal treasurer and engaging legal advice, Shipton said it was decided that he return to his post. In January 2021, Shipton announced that ...

QSuper unveils retirement income product

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
... provide retirees with more income in retirement and the confidence that they will have income for life," he said. Federal treasurer Josh Frydenberg is putting the pressure on super funds to meet the growing demand for these types of products that address ...

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
... crutch it provided early last year. Waxing happy at the release of the December 2020 quarter National Accounts, federal Treasurer Josh Frydenberg stressed that: "In the December quarter, direct economic support from the federal government halved... Yet ...