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Showing 31 - 40 of 340 results for "Minister for Financial Services"

Mulino taps super sector to help pay CSLR special levy

ELIZA BAVIN  |  WEDNESDAY, 10 DEC 2025
Assistant Treasurer and Minister for Financial Services Daniel Mulino has suggested including APRA-regulated superannuation funds in the Compensation Scheme of Last Resort (CSLR) as the 2026 special levy has blown out to $47.3 million. Mulino added ...

Super funds continue to fail vulnerable members: UNSW

MATTHEW WAI  |  THURSDAY, 27 NOV 2025
... Addressing financial advisers at the Financial Advice Association Australia (FAAA) Congress last week, minister for financial services Daniel Mulino struggled to provide a clear timeline for the passage of DBFO but said that he is working extremely hard ...

APRA-regulated funds should not pay CSLR special levy: SMC

MATTHEW WAI  |  MONDAY, 24 NOV 2025
... government is likely to lean towards spreading the special levy across all sub-sectors. Last week, minister for financial services Daniel Mulino acknowledged that no one wants to bear the consequences of the collapsed schemes at the FAAA Congress, but ...

Prevention of Shield, First Guardian-like events the focus from here on: Mulino

MATTHEW WAI  |  THURSDAY, 20 NOV 2025
... Master Fund and First Guardian Master Fund from happening again will be the focus moving forward, minister for financial services Daniel Mulino told the Financial Advice Association Australia (FAAA) Congress. Although compensating victims remains a key ...

Conaghan holds ASIC accountable for Shield, First Guardian mess

KARREN VERGARA  |  THURSDAY, 20 NOV 2025
The shadow minister for financial services Pat Conaghan has thrust ASIC front and centre of the First Guardian and Shield Master Fund collapses, saying it should take accountability for its delayed action and it is high time for its reformation. Conaghan ...

Unclaimed super pot hits $19bn: ATO

ELIZA BAVIN  |  THURSDAY, 30 OCT 2025
... consider if appropriate to consolidate your super to reduce fees and make it easier to manage." Minister for financial services Daniel Mulino said the government is urging Australians to check if they have any lost or unclaimed super. "It's part of our ...

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 ...