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Showing 31 - 40 of 1710 results for "Treasurer"

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... flow and give them access to advice and start to help them manage longevity risk," she said. Just yesterday, assistant treasurer Stephen Jones stressed that, in anticipation of the millions preparing for retirement in the next decade, funds must urgently ...

Government to amend transfer balance cap laws

ANDREW MCKEAN  |  FRIDAY, 27 OCT 2023
... amendments to the transfer balance cap (TBC) for individuals with a capped defined benefit income stream. Assistant treasurer Stephen Jones said this is another step to improve the efficiency of the superannuation system, ensuring that members aren't ...

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
... compensation mechanism for retail clients who incur loss or damage due to breaches of AFSL obligations. In a joint statement, treasurer Jim Chalmers and assistant treasurer Stephen Jones highlighted that digital asset platforms will also adhere to "minimum ...

The Voice is not at the expense of the economy: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 13 OCT 2023
Treasurer Jim Chalmers has refuted claims that the government's push to incorporate a Voice to Parliament has come at the expense of the economy. Tomorrow, millions of Australians will hit the polls and decide if a First Nations' Voice to Parliament ...

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... super payments will also make employers' payroll management smoother with fewer liabilities building up on their books. Treasurer Jim Chalmers and minister for financial services Stephen Jones said: "This simple change will strengthen Australia's superannuation ...

Peter Costello steps down from Future Fund

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... fund, with the government viewing future board vacancies as an opportunity to "refresh and renew" its leadership ranks. Treasurer Jim Chalmers and minister for finance Katy Gallagher jointly said the government has demonstrated its commitment to ensuring ...

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... continuance cover will decrease an average of 6%. It was also recently confirmed that, after consultation with the federal treasurer, assistant treasurer and Treasury, the Commonwealth Banks Act 1959 was amended to allow for the continuation of the Commonwealth ...

Super tax break changes open for consultation

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... Concessions) Imposition Bill 2023 - cover APRA-regulated funds, self-managed super funds, and exempt public sector schemes. Treasurer Jim Chalmers said that the "modest adjustment to apply after the next election will affect only a handful of people". ...

Treasury outlines plans to boost employment

CASSANDRA BALDINI  |  TUESDAY, 26 SEP 2023
... Pension and Carer Payment. "This is about putting the right incentives in place to get more Australians into work," Treasurer Jim Chalmers said. "We want to make sure the stepping stones are in place to enable more Australians to take up a job or work ...

Josh Frydenberg takes over as Goldman Sachs chair

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
Goldman Sachs has appointed the former treasurer as the chair of its Australia and New Zealand (ANZ) business. In the new position, Frydenberg will focus on further deepening and strengthening client coverage across the ANZ region. He originally joined ...