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

Search Results

Showing 31 - 40 of 274 results for "Financial System Inquiry"

Actuaries Institute names chief executive

KARREN VERGARA  |  FRIDAY, 16 FEB 2018
... big data disruption, health care funding and retirement. She has driven significant involvement in the Financial System Inquiry as well as other inquiries conducted by major national regulators, he said. "Our members are instrumental in the reshaping ...

Government caves to banking Royal Commission

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
... also suggested the terms of other inquiries be considered including the 44 recommendations made in the Financial System Inquiry in 2014. The Labor Party has been a strong supporter for a banking Royal Commission, with Shadow Treasurer Chris Bowen making ...

White-collar crime penalties to skyrocket

KARREN VERGARA  |  TUESDAY, 24 OCT 2017
... employees guilty of misconduct, a review of its enforcement powers has found. The final paper of the Financial System Inquiry (FSI) is urging the Federal Government to give ASIC "stronger regulatory tools" to deal with misconduct that occurs in the corporate ...

APRA sets new capital target for the big four

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
... CET1 capital ratios for the big four banks to meet the "unquestionably strong" benchmark outlined in the Financial System Inquiry. By 1 January 2020, the big four will need to achieve a CET1 capital ratio of at least 10.5%. APRA said this represents ...

APRA announces promotions, new hires

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
... most recently senior manager, enterprise strategy and risk and also served as a principal adviser in the Financial System Inquiry. Sharyn Reichstein, meanwhile, has become general manager, advice and approvals. Before this role, she was a senior manager ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... and services and finance to small and medium businesses," he said. The review comes part of the broader Financial System Inquiry, Morrison said. It follows from the review of the major banks, which wrapped up in March. The Customer Owned Banking Association ...

Opposition floats SMSF borrowing ban

EMMA RAPAPORT  |  FRIDAY, 21 APR 2017
... housing market driven by wealthy SMSFs," Bowen said. The policy is backed by the head of the government's financial system inquiry, David Murray, who recommended the general ban on direct borrowing by SMSFs to mitigate the risk of financial instability. ...

Westpac deputy chief executive retires

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2017
... challenges and opportunities," Hartzer said. Coffey oversaw Westpac's contribution to the Federal Government's Financial System Inquiry and is currently leading work underway to rebuild customer trust, Hartzer said. Coffey said: "Westpac has given me ...

Confusion reigns in super and life insurance: CHOICE

EMMA RAPAPORT  |  MONDAY, 27 FEB 2017
... earn an extra $1600 a year in retirement income if superannuation was simplified. "Modelling from the Financial System Inquiry found that removing duplicate accounts could increase superannuation balances at retirement by around $25,000 and retirement ...

Senate committee files views on super objective

EMMA RAPAPORT  |  THURSDAY, 16 FEB 2017
... increased to 12%, and made specific reference to the lack of consultation which occurred through the Murray Financial System inquiry. The majority of submitters welcomed the introduction of an independent monitoring and review system to assess the performance ...