Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 491 - 500 of 843 results for "Senate"

Senate report supportive of government FoFA reforms

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
The Senate Economics Committee has shown broad support of the Coalition's proposed amendments to the Future of Financial Advice (FoFA) law, although it suggested some changes. The Committee made public the conclusions of the Senate inquiry into the ...

Senate FoFA conclusions expected today

LAURA MILLAN  |  MONDAY, 16 JUN 2014
The Senate Economics Committee is expected to release its conclusions on the Future of Financial Advice (FoFA) inquiry later today. The report will allow the government to form a final opinion on the amendments to the FoFA legislation, which have been ...

High earners to pay more tax soon

AAP  |  MONDAY, 16 JUN 2014
Australia's highest income earners will soon be hit with a temporary tax. The key budget measure made its way to the Senate on Monday where it will pass with the support of Labor. The government wants its legislation passed in the next fortnight of ...

Financial Wisdom to face class action for poor advice

LAURA MILLAN  |  MONDAY, 16 JUN 2014
... meeting in Cairns and join the class action. The news of a class action against Financial Wisdom comes days before the Senate Economics Committee reports its conclusions of an inquiry into the Australian Securities and Investments Commission's (ASIC) ...

Palmer United will hold the key to FoFA approval

LAURA MILLAN  |  TUESDAY, 10 JUN 2014
... Planning Association (FPA) and the Association of Financial Advisers (AFA) have begun to lobby the senators, ahead of the Senate Economics Committee presentation of the report on the FoFA inquiry, on June 16. With 33 representatives in the new Senate ...

Ross signals he will step down from Expert Panel

JAMES FERNYHOUGH  |  THURSDAY, 5 JUN 2014
... this latest in a long series of back-and-forth communications, Ross wrote: "As I indicated in response to a question in Senate Estimates on 2 June 2014, it would be my intention to remove myself from the Expert Panel in the event that a new Expert Panel ...

Budget cuts force ASIC to axe surveillance

LAURA MILLAN  |  WEDNESDAY, 4 JUN 2014
... (ASIC) have forced the regulator to axe proactive surveillance in a number of areas. ASIC chairman Greg Medcraft told the Senate Economics Committee during a budget estimates hearing that changes to the regulator's activity were "inevitable." Medcraft ...

CBA does not address "sketchy" info allegations

LAURA MILLAN  |  THURSDAY, 29 MAY 2014
Commonwealth Bank (CBA) has failed to address allegations by the Senate Economics Committee that it provided "sketchy" and insufficient information to the inquiry into the Australian Securities and Investments Commission (ASIC) in statement released ...

CBA and ASIC "sketchy" info delays inquiry conclusion

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
Last minute developments have forced the Senate Economics Committee to delay the tabling of its final report in the inquiry into the Australian Securities and Investments Commission (ASIC). The committee has issued an interim report signed by its chair ...

Senate Committee forced to delay tabling of ASIC report

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
A significant late communication from Commonwealth Bank has forced the Senate Economics Committee to delay the tabling of the report into the Australian Securities and Investments Commission (ASIC). The committee's chair Mark Bishop said on Twitter ...