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Showing 461 - 470 of 1925 results for "Treasurer"

Draft regulation on YFYS released

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
... members; and ensure that Australian superannuation funds can invest with confidence in these domestic assets," federal treasurer Josh Frydenberg and minister for superannuation and financial services Jane Hume said in a joint statement. Both changes ...

Senate report on YFYS reforms delayed

KANIKA SOOD  |  THURSDAY, 22 APR 2021
... Australia and Industry Super Australia wrote to the minister for superannuation and financial services Jane Hume, copying in Treasurer Josh Frydenberg, asking for "an urgent update" on the release of the draft regulations for the bill. "Given that details ...

Government debt blows out 420%

KARREN VERGARA  |  TUESDAY, 20 APR 2021
... net debt was close to zero. He pointed out that the current debt level excludes state, corporate and household debt. Treasurer Josh Frydenberg revealed in the October 2020 Budget a record deficit of more than $213.7 billion. While Australia's economy ...

Granny flat tax exemption to become law

ANNABELLE DICKSON  |  MONDAY, 19 APR 2021
... government would provide a targeted capital gains tax (CGT) exemption for formal granny flat arrangements. Assistant treasurer Michael Sukkar under the measure CGT will not apply to the creation, variation or termination of a formal written granny flat ...

AustralianSuper subverts stapling logic

KARREN VERGARA  |  FRIDAY, 9 APR 2021
... also argued for the inclusion of administration fees in the new benchmark tests. In the October 2020 federal budget, Treasurer Josh Frydenberg introduced a test for MySuper. Such products that underperform their benchmark by 0.5 percentage points over ...

"Financial" in BFID is no big deal: Academic

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
... issues, than the inclusion of the word "financial", Donald said. When asked by the committee if the legislation gave the Treasurer room to stop a fund from investing in coal or windfarms, Donald said it was hard to tell without seeing the legislation. ...

HESTA appoints board director

KANIKA SOOD  |  MONDAY, 22 MAR 2021
... risk committees. Morrison represents the Australian Private Hospitals Association, where he is currently a director and treasurer. Morrison has had a 16-year-long career in the health sector, including as the chief executive of sportsmed hospital and ...

Chester eyes ASIC chair role

KARREN VERGARA  |  FRIDAY, 19 MAR 2021
... the same privilege. He declined to answer, saying that it was a private matter. Following discussions with the federal treasurer and engaging legal advice, Shipton said it was decided that he return to his post. In January 2021, Shipton announced that ...

Super funds to answer to new APRA enforcer

ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
... appointment of Margaret Cole as a new member, focused on enforcement of the superannuation sector. Announcing the appointment, Treasurer Josh Frydenberg said Cole has extensive experience in regulatory and legal fields across both the private and public ...

Sunsuper, QSuper confirm merger will go ahead

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 15 MAR 2021
... assets under management and 1.4 million members, while QSuper has about $120 billion and 600,000 members. Queensland treasurer and minister for investment Cameron Dick said the government had ensured the interests of fund members would be protected through ...