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Showing 21 - 30 of 72 results for "Financial Services Minister"

Increasing SG is not the answer: O'Dwyer

KARREN VERGARA  |  THURSDAY, 5 APR 2018
Federal Revenue and Financial Services Minister Kelly O'Dwyer has rebuffed the Labor Party's push to raise the superannuation guarantee (SG), pointing out several reasons why this is not the only answer to help boost retirement savings. O'Dwyer told ...

Super fund redesigns insurance offering

HARRISON WORLEY  |  WEDNESDAY, 4 APR 2018
... has higher standards in place than those proposed in the PJC report." Last month Federal Revenue and Financial Services Minister Kelly O'Dwyer raised concerns about the efficacy of industry-led solutions, saying "the fact that it (the code) will not ...

ASIC co-deputy chair named

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
Federal Revenue and Financial Services Minister Kelly O'Dwyer announced a legal expert will join Peter Kell as ASIC's co-deputy chair. The Federal Government nominated Daniel Crennan to the newly created position and he will work alongside Kell, who ...

O'Dwyer flags government intervention on insurance in super code

KARREN VERGARA  |  THURSDAY, 22 MAR 2018
The Revenue and Financial Services Minister said the Federal Government is prepared to take matters into its own hands because superannuation funds still aren't doing enough to stop life insurance premiums unduly eroding retirement savings. Kelly O'Dwyer ...

FSC proposes genetics and insurance council

KARREN VERGARA  |  WEDNESDAY, 21 MAR 2018
... approach for a complex issue. Loane has already written to Health Minister Greg Hunt, and Revenue and Financial Services Minister Kelly O'Dwyer to push for its formation. "It's about identifying the points of agreement, the points of difference and plotting ...

ATO to advance early release of super: O'Dwyer

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
... unrelated to the ongoing review of the early release of superannuation benefits, it said. Revenue and Financial Services Minister Kelly O'Dwyer said: "At what are often times of great stress and concern for the individuals involved, these changes will ...

SMFSA voices support for AFCA

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
... small businesses will have access to a free, fast and binding dispute resolution service, Revenue and Financial Services Minister Kelly O'Dwyer, and Small and Family Business Minister Craig Laundy said in a joint statement. SMSFA chief executive John ...

Macquarie adopts open banking solution

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2018
... together with Australian fintechs Prospa and AfterPay Touch, made the Top 50 shortlist. Revenue and Financial Services Minister Kelly O'Dwyer recently told the Asian Financial Forum 2018 in Hong Kong that Australia is ramping up its open banking initiatives ...

Offshore investment vehicles await passport arrival

KARREN VERGARA  |  TUESDAY, 16 JAN 2018
... allow offshore investment vehicles to operate in and from Australia as early as June, Revenue and Financial Services Minister Kelly O'Dwyer says. The long-awaited Asia Region Funds Passport is in its final stages of implementation and on track for commencement ...

Early super release consultation opens

KARREN VERGARA  |  THURSDAY, 21 DEC 2017
... approved to cover mortgage payments. Compared to 17 years ago, only $42 million was released. Revenue and Financial Services Minister Kelly O'Dwyer said the rules governing early release of super benefits, which have not changed substantially since 1997 ...