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Showing 21 - 30 of 47 results for "Prime Minister Tony Abbot"

CBA needs to"lift its game": Treasurer

LAURA MILLAN  |  MONDAY, 30 JUN 2014
Treasurer Joe Hockey said Commonwealth Bank (CBA) needs to "lift its game" and added that the bank has handled the scandals within its financial planning businesses and the Senate investigation "appallingly." Hockey spoke this weekend at the Liberal ...

Government plays down support for royal commission

JAMES FERNYHOUGH  |  FRIDAY, 27 JUN 2014
Initial comments from the government suggest it may be unwilling to consider the Senate Committee's recommendation that there be a royal commission into Commonwealth Bank of Australia (CBA). Prime Minister Tony Abbott said the government would "carefully ...

IFM bets $1bn on US shale gas revolution

JAMES FERNYHOUGH  |  TUESDAY, 17 JUN 2014
IFM Investors has invested US$1 billion in a new liquefied natural gas (LNG) loading facility on Quintana Island near Freeport in Texas. The project will add liquefaction capabilities to the existing port at Quintana Island, allowing natural gas to ...

Wanted: $20bn electricity investor for NSW

ALEX DUNNIN  |  WEDNESDAY, 11 JUN 2014
The NSW government parliamentary caucus has agreed to a sell-off part of its state's electricity poles and wires distribution network, with an expected sale price of $20 billion to be presented to institutional investors. The agreement was reached after ...

Abbott eyes Canadian pension money

JAMES FERNYHOUGH  |  TUESDAY, 10 JUN 2014
Prime Minister Tony Abbott has encouraged Canadian pension funds to invest in Australian infrastructure. Speaking alongside Canadian Prime Minister Stephen Harper in Ottawa, Abbott said he wanted to see more Canadian investment in Australia. "I know ...

FEATURE: Bulldozing the infrastructure roadblocks

JAMES FERNYHOUGH  |  FRIDAY, 6 JUN 2014
In May, Prime Minister Tony Abbott made good on his promise to be an 'infrastructure prime minister', dedicating billions of dollars to infrastructure development in the budget. But is this enough to get the bulldozers bulldozing? James Fernyhough takes ...

Super advocates urge caution on age access

AAP  |  TUESDAY, 20 MAY 2014
Superannuation advocates have urged the federal government not to rush any changes to the age at which people can access their retirement savings. Treasurer Joe Hockey has hinted the government could change the age at which people could access their ...

Industry prepares for Abbott's first budget

JAMES FERNYHOUGH  |  TUESDAY, 13 MAY 2014
Age pension eligibility, infrastructure and the deficit look likely to take prominent position in tonight's budget, described by Prime Minister Tony Abbott as bringing "pain with purpose." However, superannuation and financial services are expected ...

No cut to age pension in this term: Abbott

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
Prime Minister Tony Abbott has said there will be no change to the age pension in this term of parliament, putting an end to speculation that the pension would be cut back in next month's budget. However, the PM used his address to the Sydney Institute ...

FoFA amendments undermine confidence in advisers: Shorten

LAURA MILLAN  |  MONDAY, 28 APR 2014
The Opposition Leader Bill Shorten said that the government's proposed amendments to the Future of Financial Advice (FoFA) legislation undermine confidence in financial advisers. Speaking to journalists in Brisbane today, Shorten said that "the government ...