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Showing 41 - 50 of 125 results for "Treasurer Scott Morrison"

Retail investors given equity crowdfunding boost

ALEX BURKE  |  THURSDAY, 14 SEP 2017
... innovative, early-stage businesses that may have difficulty accessing funding from traditional sources," Treasurer Scott Morrison said. "As part of this Bill, proprietary companies wanting to access equity crowdfunding will no longer have to convert ...

Treasurer backs APRA's CBA probe

KARREN VERGARA  |  THURSDAY, 31 AUG 2017
... into the Commonwealth Bank could be available in six months' time with appropriate action being taken, Treasurer Scott Morrison told this morning's Bloomberg Address. Morrison said he supported and is pleased with APRA's decision to conduct an independent ...

First home super scheme may not make it to parliament in 2018

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
... contributions from 1 July 2017, with withdrawals allowed from 1 July 2018. A statement released by Federal Treasurer Scott Morrison last month said the Government was "launching the next phase of its comprehensive housing affordability package" by releasing ...

Government paves the way for open banking

EMMA RAPAPORT  |  FRIDAY, 21 JUL 2017
... banking data under a proposed open banking system regime. The regime, announced for review by Federal Treasurer Scott Morrison yesterday, will seek to open up consumer and third party access - with consumer consent - to customer and product data traditionally ...

Future Fund investment mandate revised

DARREN SNYDER  |  THURSDAY, 25 MAY 2017
... Government's Budget decision to defer drawing down from the Future Fund until at least 2026-27. Federal Treasurer Scott Morrison said the revised mandate will now be tabled in Parliament. "Since its inception the Future Fund's returns have grown to exceed ...

Advisers doubtful over super home deposit scheme

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
... manager Lindzi Caputo said there are still a lot of questions surrounding the initiative, announced in Treasurer Scott Morrison's Budget, which aims to help first home buyers save up for a deposit via their super fund while taking advantage of a lower ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
Australian Federal Treasurer Scott Morrison must be beaming when the Australian Bureau of Statistics (ABS) released the latest update on the country's labour market that showed the unemployment rate dropped from 5.9% in March to 5.7% in April - better ...

Banks hoping to stall new tax

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2017
... complexities of bank balance sheets in order to reduce the risk of unintended consequences." Despite Treasurer Scott Morrison announcing the measure as a vehicle to level the playing field of the banking system, ANZ believes the levy in its current forms ...

Housing is cooling

BENJAMIN ONG  |  TUESDAY, 16 MAY 2017
... announced in the 9 May Budget, point to further slowing in the property market going forward. Federal Treasurer Scott Morrison announced measures against investment properties that include levies on vacant investment properties and limitations on depreciation ...

Government trials social impact investments

KARREN VERGARA  |  THURSDAY, 11 MAY 2017
... impact investments aiming to combat social and environmental issues, starting with youth homelessness. Treasurer Scott Morrison revealed in Tuesday's Budget his intentions to source alternative funding mechanisms, namely with the help of the private ...