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Showing 31 - 40 of 334 results for "Minister for Financial Services"

Netwealth invokes Part 23 of SIS Act in First Guardian response

JAMIE WILLIAMSON  |  MONDAY, 27 OCT 2025
... failure. This morning, the listed platform and superannuation provider said it had applied to minister for financial services Daniel Mulino for financial assistance under Part 23 of the SIS Act on October 24. Part 23 of the SIS Act enables regulated ...

Family trusts safe from reform for now: Mulino

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
Minister for financial services Daniel Mulino has said the government is not currently looking at reforming the tax treatment of family trusts. Appearing on Sky News this morning to discuss this week's changes to Division 296, Mulino was asked whether ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
... whether further enhancements to the relevant prudential standards and guidance are necessary." Minister for financial services Daniel Mulino said he has written to regulators to identify steps that can be taken to prevent events like First Guardian and ...

AFCA temporarily reinstates UGC to address complaints

RIDDHIMA TALWANI  |  FRIDAY, 26 SEP 2025
... collapse of Shield. Macquarie oversaw about $321 million of the super savings invested in Shield. Minister for financial services Daniel Mulino said Macquarie's action will enable affected customers to access savings without lengthy and costly court ...

Draft laws for insurers' ban on use of genetic test results released

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
... and monitor a range of cancers, cancer predisposition syndromes and other heritable conditions," minister for financial services Daniel Mulino said. "Australians should not be discouraged from undertaking genetic testing out of fear it may impact their ...

Crypto providers to hold AFSL under proposed laws

MATTHEW WAI  |  THURSDAY, 25 SEP 2025
... bill, the government said. Submissions will remain open until October 24. Assistant treasurer and minister for financial services Daniel Mulino said the framework is still in its infancy, reiterating that industry feedback will be crucial to advancing ...

Mulino sits on Tranche 2 for now, grapples with complexity

KARREN VERGARA  |  WEDNESDAY, 30 JUL 2025
Minister for financial services Daniel Mulino says releasing the next exposure draft for the "complex" second tranche of Delivering Better Financial Outcomes (DBFO) reforms is a top priority, but the financial advice sector should not expect it anytime ...

CSLR releases revised levy estimate

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... advice subsector estimate exceeds the sub-sector cap of $20 million, the scheme has notified the minister for financial services of the need for a special levy of $47.289 million," the CSLR said. Meanwhile, the revised estimate for the securities dealing ...

Coalition names shadow treasurer, financial services minister

ANDREW MCKEAN  |  THURSDAY, 29 MAY 2025
... leader and shadow treasurer, while Pat Conaghan will act as shadow assistant treasurer and shadow minister for financial services. Senator James Paterson will serve as shadow minister for finance. Senator Andrew Bragg, meanwhile, has become shadow minister ...

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA  |  WEDNESDAY, 14 MAY 2025
... Financial Outcomes (DBFO) will be prioritised. Mulino was sworn in as assistant treasurer and minister for financial services on May 13, filling in the position previously held by Stephen Jones. Mulino's vast experience and academic qualifications ...