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Showing 41 - 50 of 111 results for "Stephen Jones"

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
Assistant treasurer Stephen Jones has opened consultations that aim to make the superannuation performance test more accurate by updating the benchmarks and extending the testing period. These are among the proposed changes to the Your Future, Your ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
... extend the performance period to 10 years. Starting with the highly contested performance test, assistant treasurer Stephen Jones said superannuation funds can expect the benchmarks to be updated for the 2023 testing period. "The lookback period will ...

We need to be ready: APRA

CASSANDRA BALDINI  |  WEDNESDAY, 29 MAR 2023
... defences institutions can deploy to mitigate this risk," he said. Speaking at the same event, assistant treasurer Stephen Jones explained the government is working across "four key limbs" when it comes to cybersecurity. He said firstly, there is a need ...

Jones to prioritise CSLR legislation

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
Assistant treasurer Stephen Jones flagged he will prioritise the passage of the Compensation Scheme of Last Resort (CSLR) laws in a bid to strengthen consumer protections. "Right now, there are around 2000 cases on hold with the Australian Financial ...

Super a big national advantage: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... all, nailing down the objective of super," he said. "Many of you in the room today have discussed with me and with Stephen Jones, Anthony Albanese, Katie Gallagher, and others how we nail down this objective." He reinforced the government has opened ...

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... previously reported by Financial Standard, the FAR and CSLR were recently introduced to Parliament by assistant treasurer Stephen Jones. The updated FAR legislation aims to prevent misconduct that may harm consumers and the financial system. It imposes ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced the Treasury Laws Amendment (2023 Measures No.1) Bill 2023. The purpose of the Bill is to ensure consistency in ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... federal budget in October 2022 and received strong support at the time. Yesterday, minister for financial services Stephen Jones said it's the next step in ensuring investors are protected, noting that the framework hasn't been changed in over ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... Accountability Regime and Compensation Scheme of Last Resort have been introduced to Parliament by Assistant Treasurer Stephen Jones. The Financial Accountability Regime (FAR) Bill 2023 aims to promote accountability and responsible behaviour among entities ...

Victim access to super should be extended: Associations

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
... commenced consultation on its proposals in January, with assistant treasurer and minister for financial services Stephen Jones saying at the time: "We want to ensure that convicted child sex offenders cannot use superannuation - which was set up for ...