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Showing 41 - 50 of 2373 results for "Minister"

Josh Frydenberg takes over as Goldman Sachs chair

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
... and Zac Fletcher. Outside of his tenure as the federal treasurer, he has held several senior positions which include, minister for the environment and energy, minister for resources, energy and northern Australia, assistant treasurer, and parliamentary ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... provide personal financial advice. Previously, new entrants must complete an approved qualification as determined by the minister in the Approved Qualifications Determination (AQD). Now, the appointed minister may approve one or more ways of satisfying ...

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
... policy makers, government, regulators, industry, and the wider community. We need to change that." Jones, who is also minister for financial services, added: "Legislating an objective for super - a Labor commitment at the last election - will give confidence ...

Treasury consults again on FFSP exemptions

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
... looking to remove the requirement to meet the fit and proper person test when applying for an AFSL. It will be up to the Minister to determine which jurisdictions qualify as having "comparable regimes", the government noted. The government said making ...

Government cracks down following PwC scandal

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... that keep our tax system and capital markets strong," Treasurer Jim Chalmers said in a joint statement with the finance minister, attorney general and assistant treasurer. "We're also cracking down on the scourge of multinational tax avoidance and making ...

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... income for a dignified retirement alongside government support, in an equitable and sustainable way. Jones, who is also minister for financial services, added: "It strikes me as odd in a system which is about retirement income that a third of the cheques ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... FTC." The technology has come under global scrutiny as it continues to emerge ahead of its regulation. Last month, Prime Minister Anthony Albanese announced further steps would be taken to ensure the growth of artificial intelligence technologies in ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
Prime Minister Anthony Albanese and Treasurer Jim Chalmers announced this morning Michele Bullock will take over as Reserve Bank of Australia (RBA) governor from Philip Lowe in September. Chalmers said the government is proud to announce the ninth governor ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... and Credit Panel, and the review of the Life Insurance Framework. The release of the indicative cost recovery follows minister for financial services Stephen Jones confirming the adviser levy freeze would not continue. In response to the tripling of ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... unveils recommendations that make minor changes to the industry funding model following a review. Assistant treasurer and minister for financial services Stephen Jones yesterday announced that he will not extend the temporary levy relief for advisers ...