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Showing 31 - 40 of 283 results for %22Minister for Revenue%22

Future Fund to manage new drought fund

KANIKA SOOD  |  TUESDAY, 4 DEC 2018
... to set up a $5 billion fund for drought-related spending that will be managed by the Future Fund Board of Guardians. Minister for Finance and the Public Service Mathias Cormann said the fund will kick off with $3.9 billion and grow to $5 billion over ...

Investment manager chair retires

DARREN SNYDER  |  FRIDAY, 30 NOV 2018
... Election. Replacing Weaven as IFM Investors chairman will be current deputy chair Greg Combet. The former Federal Government minister joined IFM's board in 2014, and is also a former Australian Council of Trade Unions (ACTU) secretary. He is also a former ...

AFA rejects criticism over grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
The Association of Financial Advisers used a submission to the Royal Commission to hit back at suggestions the advice industry has not adequately responded to the prevalence of grandfathered commissions. Citing historic government media releases and ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
... higher than estimated dividends from the Future Fund of $5.1 billion (versus $3.8 billion). Australia's deposed prime minister, Malcolm Turnbull, must be wishing the report was released sooner so that it wasn't Finance Minister Mathias Cormann ...

Government introduces financial literacy strategy

KARREN VERGARA  |  WEDNESDAY, 22 AUG 2018
... with financial literacy and help them take control of their finances. ASIC, together with Revenue and Financial Services Minister Kelly O'Dwyer, unveiled the National Financial Capability Strategy at an event in Canberra yesterday. The website provides ...

Financial crime taskforce puts two behind bars

KARREN VERGARA  |  MONDAY, 13 AUG 2018
... declared to the ATO. The SFCT was established in 2015 with a dedicated $127.6 million in Government funding. According to Minister for Revenue and Financial Services Kelly O'Dwyer, it has completed more than 800 audits and reviews, raised about $600 ...

AFA gets an audience with O'Dwyer

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
The Association of Financial Advisers told its members it met with the Minister for Revenue and Financial Services to air its concerns with the FASEA proposals on professional standards. On Monday the association drew Kelly O'Dwyer's attention to its ...

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... by licensees and advisers with the Future of Financial Advice laws. In a joint statement, Treasurer Scott Morrison and Minister for Financial Services and Revenue Kelly O'Dwyer said: "The Turnbull Government is committed to ensuring ASIC is equipped ...

ASIC provides guidance on Asia Funds Passport

KARREN VERGARA  |  WEDNESDAY, 1 AUG 2018
... set out to protect investors via supervising and regulating offerings and applying host economy laws in certain areas. Minister for Revenue and Financial Services Kelly O'Dwyer said the Asia Region Funds Passport is an important step to further Australia's ...

SuperStream changes consultation opens

HARRISON WORLEY  |  THURSDAY, 19 JUL 2018
... initiate and receive rollovers electronically between an APRA fund and their SMSF. Commenting on the proposed changes, Minister for Revenue and Financial Services Kelly O'Dwyer said the change would make it easier for Australians choosing to manage their ...