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Showing 21 - 30 of 1773 results for "Treasurer"

Jones preps DBFO Tranche 2 for parliament

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
Assistant treasurer Stephen Jones said the government will press on with Tranche 2 of the Delivering Better Financial Outcomes (DBFO) reforms that he is preparing to introduce in parliament. The highly anticipated set of changes promise to remove laborious ...

ACTU slams plans to Americanise the superannuation system

ANDREW MCKEAN  |  FRIDAY, 18 OCT 2024
The Australian Council of Trade Unions (ACTU) has criticised comments made by shadow treasurer Angus Taylor, claiming they reveal the "Coalition's dream of dismantling super." In a speech at the University of Sydney on Wednesday, Taylor said a collapse ...

CBA's conviction on December rate cut has 'dipped'

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
... to start the process of normalising the cash rate whilst the labour market data remains robust," he said. Meanwhile, Treasurer Jim Chalmers said the fight against inflation is not over. "I don't pretend that the fight against inflation is over. I know ...

FCX granted 'historic' market licence by ASIC, RBA

ANDREW MCKEAN  |  TUESDAY, 8 OCT 2024
... this licence constitutes the first instance of allowing competitors to offer clearing and settlement services after the treasurer legislated ASIC to do so late last year," FinClear said in a statement. FinClear also said that FCX Market introduces the ...

Federal Court quashes ANZ appeal

KARREN VERGARA  |  THURSDAY, 3 OCT 2024
... Commonwealth Director of Public Prosecutions (CDPP) also laid criminal charges against Rick Moscati, who was ANZ group treasurer at the 2015 capital raise. In 2022, criminal charges against ANZ and Moscati were dropped. Charges against Citigroup Global ...

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
... better-than-expected outcome was driven mainly by the payments side, with outlays $10.2 billion lower than projected back in May. Treasurer Jim Chalmers was quick to praise his government for delivering consecutive surpluses. "This is the first time ...

GESB adopts Protecting Your Super reforms

JAMIE WILLIAMSON  |  MONDAY, 30 SEP 2024
... its insurance offering and amending it to "align and support the changes that will occur." Western Australia's deputy treasurer Rita Saffioti first flagged the changes in November 2023. As a further change, the government is also seeking an amendment ...

Limiting negative gearing could add $2bn in annual revenue

ELIZA BAVIN  |  MONDAY, 30 SEP 2024
... discount could be worth around $5 billion a year, according to new research from the Grattan Institute. This comes as Treasurer Jim Chalmers has said the Labor government wouldn't be making any changes to negative gearing rules before the next election. ...

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
... income streams in terms of valuation and payments setting, according to an explanatory statement issued by assistant treasurer and minister for financial services Stephen Jones. "Although market-linked income streams have similarities to account-based ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... on government-funded paid parental leave. A joint statement from deputy leader of the opposition Sussan Ley, shadow treasurer Angus Taylor, and shadow minister for social services Michael Sukkar noted that the Coalition provided in-principal support ...

Editor's Choice

Ausfood Super appoints chief executive

ELIZABETH FRY
Australian Food Super, the superannuation fund set up for employees in the meat industry, has named Michael Sykes as its new CEO.

mFunds sparked ASX outage, $1m credit issued

KARREN VERGARA
The ASX said the outage from last month largely stemmed from the now-defunct mFunds and will subsequently credit participants $1 million to make amends.

Aussie shares cost 8% more on rebalance days: Dimensional

KARREN VERGARA
Investing in the S&P/ASX 300 on a day it rebalances puts an 8% premium on share prices, a phenomenon that follows major global indices, new research from Dimensional Fund Advisors finds.

Rest appoints first-ever chief of staff

ANDREW MCKEAN
Rest has appointed a senior wealth management leader and superannuation expert from Insignia Financial to take the reins as chief of staff.

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