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Showing 581 - 590 of 1926 results for "Treasurer"

Vale Ted Evans

ELIZA BAVIN  |  TUESDAY, 14 APR 2020
... a vice like grip. Belief and persistence were his strengths which he employed in powerful advocacy." Former Liberal treasurer Peter Costello said Evans believed in serving the public and had left "an enduring legacy to Australian economic policy". "The ...

Changes to foreign investment rules hurt managed funds

ALLY SELBY  |  TUESDAY, 14 APR 2020
... FIRB rules would curb the managed funds industry's ability to support Australia's economic recovery. It comes following Treasurer Josh Frydenberg's announcement on March 30 that Australia will extend the time frame for decisions on foreign investments ...

Taxman simplifies work from home deductions

KANIKA SOOD  |  WEDNESDAY, 8 APR 2020
... first time due to COVID-19 when it comes to accurately completing their tax return," Minister for housing and assistant treasurer Michael Sukkar said in a statement. "The ATO has undertaken to review these arrangements in line with COVID-19 developments ...

Trillion dollar stimulus debt debated

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
... are under pressure and we won't allow a fire sale of Australian businesses to foreign interests," Morrison said. "The Treasurer has announced changes to the foreign investment framework to protect Australia's national businesses." The Prime Minister ...

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
Treasurer Josh Frydenberg has confirmed superannuation funds that fail to appropriately handle early release during the COVID-19 crisis will face penalties. Asked by Financial Standard how the government would handle funds that might face liquidity ...

COVID-19 sparks renewed fight for commissions

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
... told Financial Standard : "We find it bizarre that advisers and consumers must plead with both the regulator and the treasurer to follow the law and only ban grandfathered revenue after the legislated date of 1 January 2020." He said that he fears the ...

Super funds asked to model early release impact

KANIKA SOOD  |  TUESDAY, 31 MAR 2020
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation. The prudential regulator asked superannuation ...

Chief economist update: Great Scott! Mighty Mo to the rescue

BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
... establishment of the National Bushfire Recovery Agency - for one can read between the lines of their pronouncements that he and Treasurer Frydenberg still wanted to have the bragging rights to bringing the budget back into surplus. Not anymore. The coronavirus ...

Extraordinary stimulus provides wage subsidy

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
... job seeker payments, so that those with partners earning what was previously above the threshold will now be eligible. Treasurer Josh Frydenberg said: "Australia is facing a war on two fronts. As the Prime Minister said we are facing a health crisis ...

COVID-19 spurs greater scrutiny of foreign investment

KANIKA SOOD  |  MONDAY, 30 MAR 2020
Federal Treasurer Josh Frydenberg has announced that all proposed foreign investment into Australia will be subject to regulatory approval to protect national interests during the COVID-19 crisis. The temporary measures, which came into effect on Sunday ...