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Showing 31 - 40 of 761 results for "Senate"

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
... longer term inflation expectations well anchored," he said. Earlier in the week, Powell gave an identical speech before the Senate Banking, Housing and Urban Affairs Committee following the submittal of the semiannual monetary policy report to Congress. ...

Government housing measures progress

CASSANDRA BALDINI  |  THURSDAY, 16 FEB 2023
... Finance and Investment Corporation to Housing Australia and streamline its functions," she said. "It will now head to the Senate, along with our legislation to establish the $10 billion Housing Australia Future Fund, which passed the lower house last ...

ASIC dodges PGPA investigation questioning

CASSANDRA BALDINI  |  THURSDAY, 16 FEB 2023
... about ASIC commissioners investigated under the Public Governance Performance and Accountability (PGPA) Act. Fronting the Senate Economics Legislation Committee, Longo spoke of the importance of transparency and accountability. "I welcome accountability ...

I know it's hard, but it could be harder: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
Appearing at a Senate hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe said people have forgotten how corrosive inflation is. The governor explained the RBA has one priority and that is to bring inflation down. "Inflation at the moment ...

The great super cover up is over: Bragg

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
... have been quashed. A motion from Senators Jacqui Lambie and Nick McKim to disallow the proposed regulations passed in the Senate, 42 votes to 21. As such, the rules requiring super funds to itemise and disclose information about their spending of members' ...

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... six months after Royal Assent and for insurance and superannuation 18 months. "But with the legislation yet to pass the Senate, it's not clear when the Governor-General will give his stamp of approval," he said. He advised that APRA and ASIC are working ...

Federal Reserve raises rates 0.75%

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... the ultimate level of interest rates will be higher than previously expected. Meanwhile, earlier this week, an outfit of Senate Democrats, including Elizabeth Warren, and Bernie Sanders, expressed concern about the Fed's intention to continue raising ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... $4.7 billion a year in unpaid super like it could have, or commit to paying superannuation on paid parental leave. "Two Senate inquiries and a growing chorus of consumers groups, industry funds, unions and employers say paying super with wages will fix ...

Super fund disclosure rules finalised

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
... can no longer see the details of considerable payments from super funds to unions. He concluded that it's now up to the senate to decide whether it will stand for transparency and integrity in compulsory superannuation. Separately, Bragg wrote to the ...

Crypto asset reforms underway: Treasurer

ANDREW MCKEAN  |  MONDAY, 22 AUG 2022
... asking for proportional, appropriate regulation of our sector." BTC Markets submitted feedback to both the cross-party Senate Committee on Australia as a Technology and Financial Centre and the recent Treasury consultation paper on licensing and custody ...