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Showing 591 - 600 of 1927 results for "Treasurer"

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 ...

SMSFs in flashback to 2008

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... to guide the sector through the COVID-19 pandemic. Terry Pinnell, chair of the Ethical Advisers' Co-op, wrote to Treasurer Josh Frydenberg last week to ask him to institute the same measures for SMSF pensioners that the Rudd Government introduced ...

Financial regulators poised for action

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... 20 at which the impact of COVID-19 on the financial system will be further discussed. "The council and the Australian Treasurer are also holding teleconferences at least weekly."

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... factoring in the drop in government revenues due the general slowdown in business activity. But nah, prime minister (and treasurer) not a single Australian would fault you for not achieving that promised surplus. Australians, all, might even celebrate ...

PIMCO puts Aussie LIT on ice

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... Financial Advice (FoFA) reforms banned such payments on most investment products. The consultation, which was announced by Treasurer Josh Frydenberg, will consider the merits of this exemption granted to stock exchange-listed investment products. "Public ...

Frydenberg takes RC super advice

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... MySuper products. On the eve of the one-year anniversary of the release of Commissioner Kenneth Hayne's final report, Treasurer Josh Frydengberg has released draft legislation implementing several of the report's recommendations, including many pertaining ...

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... life insurance contracts. "We are on track to meet the accelerated timetable outlined in our implementation roadmap," Treasurer Josh Frydenberg said. This comes ahead of the one year anniversary of Hayne's final report on February 5. The draft legislation ...

Stamping fees consultation kicks off

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... over $53 billion, after growing almost 30% in the 12 months to December 2019. The consultation, which was announced by Treasurer Josh Frydenberg yesterday, will consider the merits of this exemption granted to stock exchange-listed investment products. ...

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
... coronavirus to be dubbed the number one threat to financial markets and the global economy, with former Howard Government Treasurer and Future Fund chair Peter Costello warning of the short-term risk of the rapidly spreading virus. "As of today, the ...

Government opens BEAR extension consultation

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... differences, such as that the regime will be co-administered by the two financial services regulators, ASIC and APRA. Treasurer Josh Frydenberg said the obligations of FAR would make senior financial services executives more accountable for what happens ...