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Showing 31 - 40 of 63 results for "Federal Treasurer Josh Frydenberg"

Future Fund board members reappointed

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... experience and expertise across financial markets, corporate governance and public policy," Federal Treasurer Josh Frydenberg said in a statement. Kay has worked in finance in executive and non-executive roles for about 30 years. She is a former banker ...

COVID-19 spurs greater scrutiny of foreign investment

KANIKA SOOD  |  MONDAY, 30 MAR 2020
Federal Treasurer Josh Frydenberg has announced that all proposed foreign investment into Australia will be subject to regulatory approval to protect national interests during the COVID-19 crisis. The temporary measures, which came into effect on Sunday ...

What you read in 2019: Financial advice

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... to be banned Hot on the heels of the Royal Commission's final report, in early February Federal Treasurer Josh Frydenberg declared grandfathered commissions would be banned from 1 January 2021. Further, from the same date, payments of any previously ...

Chief economist update: Morrison, Frydenberg cannot have their surplus and eat it too

BENJAMIN ONG  |  THURSDAY, 26 SEP 2019
... 'sheepish" (September 25) and "Don't force banks to curb loans" - uttered by Australian Federal Treasurer Josh Frydenberg (September 26). In a sentence, Australian Prime Minister Scott Morrison and his Treasurer Josh Frydenberg are willing Australian ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
... industry is inching towards a complete phase out of grandfathered commissions, backed by the federal treasurer Josh Frydenberg, who last month introduced legislation to end them by 2021. The banking Royal Commission's final report made a recommendation ...

ASIC clamps down on poor advice, grandfathered commissions

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
... Corporate Plan. One of its new priorities is to end grandfathered commissions with direction from Federal Treasurer Josh Frydenberg. On a periodic basis, ASIC said it will undertake a quantitative review of firms that pay grandfathered commissions and ...

Board addition strengthens strategic relationship

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... the Financial Sectors (Shareholding) Act 1998, according to an August 14 notice signed by the Federal Treasurer Josh Frydenberg.

Japanese insurer gets Treasury tick to up Challenger stake

KANIKA SOOD  |  MONDAY, 19 AUG 2019
... the Financial Sectors (Shareholding) Act 1998, according to an August 14 notice signed by the Federal Treasurer Josh Frydenberg. In its annual results announced August 13, Challenger said an MS&AD representative is expected to join the Challenger board ...

Final nail in the coffin for grandfathered commissions

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... week to end the payment of grandfathered commissions to financial advisers by 1 January 2021. Federal Treasurer Josh Frydenberg and assistant minister for superannuation, financial services and financial technology Jane Hume revealed Coalition plans ...

APRA forced to overhaul culture, capabilities

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... APRA should develop a cultural change program that fosters internal debate and contestability." Federal Treasurer Josh Frydenberg commented the review found APRA is an "impressive and forceful" regulator in terms of overseeing traditional financial risk. ...