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Showing 41 - 50 of 924 results for %22Committee Economics%22

Hostplus hits members with new fee

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
... general reserve to a new Trustee Resilience Reserve held by the trustee on 22 December 2021. Today, the House Economics Committee heard that profit-to-member funds are likely to use a range of methods to raise the required reserves. Professor Scott Donald ...

Economics Committee to examine rainy day funds

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
The House Economics Committee is going to examine the rainy day funds created by superannuation funds following recent amendments made to the Superannuation Industry (Supervision) Act 1993. The hearing, scheduled for February 10, is part of the committee's ...

Inquiry criticises gaps in CSLR

KARREN VERGARA  |  MONDAY, 31 JAN 2022
... flaws that will overlook the protection of certain investors, a parliamentary inquiry heard. In discussing the Standing Committee on Economics Financial Services Compensation Scheme of Last Resort Levy Bill 2021 last week, SMSF Association deputy chief ...

Next Macquarie chair announced

CHLOE WALKER  |  THURSDAY, 2 DEC 2021
... since 2007. Stevens was appointed an independent voting director of both in November 2017, has chaired the board risk committee since November 2019 and also serves as a member of the board audit and board nominating committees. Grady has been a director ...

FPA overcharges members

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
... with more than three years' experience is charged $840 annually. Those new to the profession pay $600 p.a. A Standing Committee on Economics in July heard that the AFA's revenue sits at around $3 million per year. AFA general manager of policy and professionalism ...

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
... "inflation remains elevated", it stuck to its assessment that this is transitory, while at the same time promising that, "the Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment ...

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
... According to the minutes: "...in keeping with the outcome-based standard for initiating a tapering of asset purchases, the Committee could adjust the pace of the moderation of its purchases if economic developments were to differ substantially from what ...

Economic recap: Week to September 24

BENJAMIN ONG  |  MONDAY, 27 SEP 2021
... "maximum employment and inflation has risen to 2% and is on track to moderately exceed 2% for some time". Therefore, "the Committee judges that a moderation in the pace of asset purchases may soon be warranted". Risk assets rallied and the CBOE VIX index ...

Hostplus grilled on common ownership, collusion

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... hearing that sought to uncover any evidence of collusion and anti-competitiveness. MP Tim Wilson, who chaired the Standing Committee on Economics hearing on common ownership and capital concentration this morning, asked three Hostplus executives about ...

Common ownership concerns redundant: AustralianSuper

ANNABELLE DICKSON  |  MONDAY, 20 SEP 2021
... actively in common ownership, while also hinting at plans to bring more investing in-house. Appearing at a Standing Committee on Economics hearing on common ownership and capital concentration in Australia, Silk said the fund will always be pro-competitive. ...