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Showing 431 - 440 of 1926 results for "Treasurer"

Wayne Swan to chair Cbus

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Former treasurer and deputy prime minister Wayne Swan will chair $65 billion industry fund Cbus. The fund announced today that Swan would succeed long-serving chair Steve Bracks next year. Commenting on his appointment, Swan said: "I'm humbled to ...

Plan to increase competitiveness of managed funds

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
... Treasury will begin consultation on finalising its Corporate Collective Investment Vehicles (CCIVs) regime. According to Treasurer Josh Frydenberg, the CCIV regime will enhance the international competitiveness of the industry by allowing fund managers ...

Financial adviser levy to drop

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... of the $3138 estimated in the regulator's 2020/21 Cost Recovery Implementation Statement. In a joint release from treasurer Josh Frydenberg and minister for superannuation and financial services Jane Hume, the government said the temporary relief ...

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 ...

SMSFA adds to board

ANNABELLE DICKSON  |  WEDNESDAY, 21 JUL 2021
... appointed chair. She was forced to step down from her position to avoid any perceived conflict after being appointed by Treasurer Josh Frydenberg to the three-member Retirement Income Review panel. She currently leads Household Capital's advisory board ...

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 ...

Relief payments confirmed for NSW

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 JUL 2021
... households and boosting business cash flow to get them through extended lockdowns," Prime Minister Scott Morrison and Treasurer Josh Frydenberg said in a joint statement. "The new national arrangements have been developed following close cooperation ...

Insurers dodging Royal Commission reform

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... between the sale of a principal product or service and the sale of an add-on insurance product. However, on July 8, Treasurer Josh Frydenberg provided numerous exemptions to the laws as the outcome of consultation with the industry. Classes of insurance ...

Virtual company meetings to stay

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
... changes will provide shareholders with enhanced opportunities to both participate in and scrutinise company meetings," Treasurer Josh Frydenberg said. The exposure draft legislation also includes further reforms allowing sole directors who are not also ...