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Showing 451 - 460 of 1276 results for "Federal government"

Government to increase SMSF member limit

KARREN VERGARA  |  MONDAY, 30 APR 2018
The Federal Government announced it will expand the maximum number of self-managed superannuation fund members from four to six - a proposal welcomed by the SMSF Association. Revenue and Financial Services Minister Kelly O'Dwyer said the change will ...

Treasurer backs ASIC investigations

DARREN SNYDER  |  THURSDAY, 19 APR 2018
... attract penalties which include gaol time. That's how serious these things are," Morrison said. He added the Federal Government is committed to increasing ASIC's power and resources, and has established the Australian Financial Complaints Authority (AFCA). ...

AIA Australia spearheads mental health law reforms

KARREN VERGARA  |  FRIDAY, 13 APR 2018
AIA Australia is urging the Federal Government to allow life insurers to fund early intervention and treatment for mental health conditions. AIA Australia and New Zealand chief executive Damien Mu said the legislative barriers that restrict life insurers ...

Crime victims should receive super access: Poll

DARREN SNYDER  |  MONDAY, 9 APR 2018
Financial Standard readers mostly support a Federal Government proposal which would see victims of horrific crimes have an ability to access the superannuation balances of perpetrators. The publication's weekly spot poll shows about two-thirds (63%) ...

ASIC co-deputy chair named

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
... Services Minister Kelly O'Dwyer announced a legal expert will join Peter Kell as ASIC's co-deputy chair. The Federal Government nominated Daniel Crennan to the newly created position and he will work alongside Kell, who commenced as deputy chair in May ...

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 ...