Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 451 - 460 of 1271 results for "Federal government"

Government increases market manipulation penalties

JAMIE WILLIAMSON  |  THURSDAY, 29 MAR 2018
... benchmarks could face up to 10 years in prison, while institutions could cop about $10 million in fines. Under new Federal Government reforms, the manipulation of any financial benchmark or product used to determine a benchmark is now a specific offence ...

Victims of crime to receive super access

JAMIE WILLIAMSON  |  TUESDAY, 27 MAR 2018
The Federal Government is working to give victims of horrific crime an ability to access the superannuation balances of perpetrators. Speaking outside Parliament House yesterday, Minister for Revenue and Financial Services Kelly O'Dwyer said the Government ...

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 ...

Government reappoints ASIC executives, creates new role

KANIKA SOOD  |  MONDAY, 19 MAR 2018
The Federal Government has reappointed ASIC's deputy chair and a commissioner in addition to creating a new role for a second deputy chair. Federal Minister for Revenue and Financial Services Kelly O'Dwyer said ASIC deputy chair Peter Kell and commissioner ...

Super funds call for SG increase to aid women

JAMIE WILLIAMSON  |  THURSDAY, 8 MAR 2018
... isn't possible as a result of the gender pay gap or the type of work women perform, the super fund proposes the Federal Government contribute the additional 2.5% on a woman's behalf. Human Super chief executive Pascale Helyar-Moray said the move would ...

Complaints authority welcomes new chair

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
The Federal Government has appointed a former politician to chair the new one-stop-shop financial complaints body. Helen Coonan, who was a long-serving Federal senator and cabinet minister, is the chair of the newly legislated Australian Financial Complaints ...

Government renews calls for financial literacy support

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
The Federal Government is calling on its state and territory counterparts to support the expansion of its national financial literacy program in schools. The Government has invited state and territory governments to participate in a new agreement that ...

O'Dwyer names CIPR advisory group

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2018
... advisory group comprising some of the superannuation and retirement industry's biggest names will assist the Federal Government in developing a Comprehensive Income Products for Retirement framework. In establishing the consumer and industry advisory ...

O'Dwyer proposes TRIS changes

KARREN VERGARA  |  TUESDAY, 13 FEB 2018
The Federal Government is pushing for reversionary transition to retirement income streams (TRIS) to be paid to an eligible dependent upon a death, regardless if a condition of release is met. Minister for Revenue and Financial Services Kelly O'Dwyer ...

Morrison unveils open banking framework

KARREN VERGARA  |  MONDAY, 12 FEB 2018
The Federal Government's final report into open banking details 50 recommendations on how the new regime can succeed and ultimately empower consumers. Last week, Treasurer Scott Morrison unveiled a list of proposals covering the regulatory framework ...