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Showing 541 - 550 of 2537 results for "Minister"

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
... sectors (53.9 from 50.0) improved substantially. That was before the coronavirus pandemic hit -- and infected even UK Prime Minister Boris Johnson - prompting the government (like most other governments around the world) to issue draconian social distancing ...

Calls for super funds, government to collaborate on energy security

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... establish Australia's first sovereign energy reserve, and superannuation funds can help, according to an expert. Energy minister Angus Taylor said the government will buy $94 million of crude oil, after oil prices tumbled on Monday and the United ...

Seek financial advice: Hume

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
With the government now expecting close to two million Australians to apply for early access to super, assistant minister for superannuation, financial services and financial technology Jane Hume has urged those who are confused to seek financial advice. ...

ERS at risk of significant delays: ISA

ELIZA BAVIN  |  TUESDAY, 21 APR 2020
... cracking open your nest egg comes at steep cost -it should be treated as a last resort." Senator Jane Hume, Assistant Minister for Superannuation, Financial Services and Financial Technology, took to Twitter to slam the ISA polling, saying the move was ...

Super funds need to act like banks: PM

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
The Prime Minister has called on industry super funds to invest in failing businesses, like Virgin Australia, to help sustain them during the COVID-19 crisis. Speaking on the ABC, Prime Minister Scott Morrison said industry super funds should be doing ...

Future Fund board members reappointed

KANIKA SOOD  |  FRIDAY, 17 APR 2020
The government has reappointed two members of the $168 billion sovereign wealth fund's board of guardians. Carolyn Kay and Jane Wilson, who were both appointed for a five-year term in 2015, have had their appointments extended by three years and a year ...

Funds have five days to hand over cash: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
... However, the regulator has now said in the vast majority of cases this should be no longer than five days. Assistant Minister for Superannuation, Financial Services and Financial Technology Jane Hume welcomed APRA's approach. "Given the importance of ...

Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
... the JobKeeper programme is expected to restrain the rise in unemployment, the government is taking no chances. Prime Minister Scott Morrison is now reportedly considering pro-business strategies - tax and industrial relations reform, infrastructure spending ...

COVID-19 could end Centrelink stigma

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
... pandemic has had on the Australian economy. But what impact will it have on the stigma associated with welfare? When Prime Minister Scott Morrison said 2020 was going to be the hardest year of many Australians' lives, he was referring to the people in ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
... crisis caused by this pandemic, and demonstrates ASIC acting on sensible calls from professional associations." Assistant Minister for Superannuation, Financial Services and Financial Technology Jane Hume welcomed the measures, saying: "It is more important ...