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Showing 31 - 40 of 100+ results for "Treasurer Josh Frydenberg"

Senate report on YFYS reforms delayed

KANIKA SOOD  |  THURSDAY, 22 APR 2021
... Super Australia wrote to the minister for superannuation and financial services Jane Hume, copying in Treasurer Josh Frydenberg, asking for "an urgent update" on the release of the draft regulations for the bill. "Given that details of the full impact ...

Government debt blows out 420%

KARREN VERGARA  |  TUESDAY, 20 APR 2021
... close to zero. He pointed out that the current debt level excludes state, corporate and household debt. Treasurer Josh Frydenberg revealed in the October 2020 Budget a record deficit of more than $213.7 billion. While Australia's economy grew 257% ...

AustralianSuper subverts stapling logic

KARREN VERGARA  |  FRIDAY, 9 APR 2021
... the inclusion of administration fees in the new benchmark tests. In the October 2020 federal budget, Treasurer Josh Frydenberg introduced a test for MySuper. Such products that underperform their benchmark by 0.5 percentage points over an eight-year ...

Super funds to answer to new APRA enforcer

ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
... Cole as a new member, focused on enforcement of the superannuation sector. Announcing the appointment, Treasurer Josh Frydenberg said Cole has extensive experience in regulatory and legal fields across both the private and public sectors. She has worked ...

QSuper unveils retirement income product

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
... more income in retirement and the confidence that they will have income for life," he said. Federal treasurer Josh Frydenberg is putting the pressure on super funds to meet the growing demand for these types of products that address retirees' long-term ...

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
... early last year. Waxing happy at the release of the December 2020 quarter National Accounts, federal Treasurer Josh Frydenberg stressed that: "In the December quarter, direct economic support from the federal government halved... Yet at the same time ...

Chief economist update: The great Australian rebound

BENJAMIN ONG  |  THURSDAY, 4 MAR 2021
... point, respectively. Sure, sure, Australia was still in monetary and fiscal crutches at the time but as Treasurer Josh Frydenberg notes: "In the December quarter, direct economic support from the federal government halved... Yet at the same time the ...

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... addressing the 2021 Council of the Ageing (COTA) National Policy Forum on Retirement Income this morning, Treasurer Josh Frydenberg said the government is currently consulting on several issues, such as how longevity risk should be managed with the industry ...

Government passes advice, super reforms

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... their services. The legislation also bans the deduction of ongoing advice fees from MySuper products. Treasurer Josh Frydenberg and minister for superannuation, financial services and the digital economy Jane Hume said the changes are an "important step ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
Treasurer Josh Frydenberg flagged that the temporary disclosure laws for public companies relaxed at the height of the coronavirus crisis will be made permanent. In May 2020, the government announced the temporary measures, modifying provisions under ...