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Showing 411 - 420 of 1006 results for "Financial System"

APRA announces promotions, new hires

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
... was most recently senior manager, enterprise strategy and risk and also served as a principal adviser in the Financial System Inquiry. Sharyn Reichstein, meanwhile, has become general manager, advice and approvals. Before this role, she was a senior ...

Financial dispute authorities combined for 'one-stop-shop'

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... documents said. "Too often the sector has not met those expectations. That is why the Government is overhauling the financial system. Building on its existing reform agenda, the Government is taking strong new action to ensure the sector delivers the ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... The ACCC will also receive $13.2 million over the next four years to complete regular inquiries into specific financial system competition issues - a recommendation of the House of Representatives Standing Committee on Economics' Review of the Four Major ...

Increased APRA levies provide regulator with more power

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... next four years to initiate new regulatory activities aimed at supporting "a stable, efficient and competitive financial system." The new measures will be designed to protect the financial interests of depositors, insurance policyholders and superannuation ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... government is launching yet another inquiry that will investigate the level of competition across Australia's financial system. The Productivity Commission has been tasked to deliver better outcomes for consumers and small businesses, as well as improve ...

Government pushes ahead with new ASIC funding model

ALEX BURKE  |  FRIDAY, 5 MAY 2017
... July 2017. Industry funding is a critical component of the Government's plan to improve consumer outcomes in the financial system." O'Dwyer added industry funding "will ensure that ASIC's regulatory costs are recovered from those entities that create ...

Opposition floats SMSF borrowing ban

EMMA RAPAPORT  |  FRIDAY, 21 APR 2017
... overheated housing market driven by wealthy SMSFs," Bowen said. The policy is backed by the head of the government's financial system inquiry, David Murray, who recommended the general ban on direct borrowing by SMSFs to mitigate the risk of financial ...

Let me down gently

BENJAMIN ONG  |  TUESDAY, 11 APR 2017
... bank's major source of concern in recent times. Concern that was spelt out last month by RBA Assistant Governor (Financial System) Michele Bullock when she warned of the property market becoming a trigger for financial stability in Australia. Australian ...

More fires than hires

BENJAMIN ONG  |  FRIDAY, 17 MAR 2017
... expectations index" jumped by 2.2% in March from February and by 26.7% from a year earlier. RBA Assistant Governor (Financial System) Michele Bullock just recently underscored the Australian central bank's role of maintaining "overall financial stability" ...

Westpac deputy chief executive retires

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2017
... challenges and opportunities," Hartzer said. Coffey oversaw Westpac's contribution to the Federal Government's Financial System Inquiry and is currently leading work underway to rebuild customer trust, Hartzer said. Coffey said: "Westpac has given me ...