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Showing 631 - 640 of 2537 results for "Minister"

New Zealand maintains pension age

KARREN VERGARA  |  TUESDAY, 27 AUG 2019
New Zealand Prime Minister Jacinda Ardern is firmly keeping the eligible pension age at 65 years old as other countries make it tougher to qualify for the pension. In an interview with Radio New Zealand, the leader of the Labour Party argued that if ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... "promise" that has eluded four Federal Treasurers - Wayne Swan, Chris Bowen, Joe Hockey, and Scott Morrison (now prime minister) - before him. According to the Budget Papers 2019-2020, Australia's underlying cash balance would be A$7.1 billion (0.4% ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
The NSW shadow minister for finance and small business has asked what the state government is doing for advisers facing financial ruin as a result of AMP's plan to change Buyer of Last Resort terms. Speaking in NSW parliament earlier this week ...

ASIC to review end of grandfathering

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 AUG 2019
... introduced legislation to ban grandfathered commissions for financial advisers. Treasurer Josh Frydenberg and assistant minister for superannuation, financial services and financial technology Jane Hume released a joint statement clarifying the government's ...

Complex retirement system requires simplicity: Report

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
... Veterans' Affairs, should be established to make recommendations to the government to address structural issues. Assistant Minister for Superannuation, Financial Services and Financial Technology Jane Hume has reinforced the Federal Government's ...

Chief economist update: The UK is not OK

BENJAMIN ONG  |  MONDAY, 12 AUG 2019
... currency - it has fallen by 5.6% from its 2019 high, recorded a few days after Boris Johnson assumed office as UK Prime Minister on July 24. The only positive that could be inferred from the latest National Accounts is that it reinforces the BOE's ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... Bloomberg report (dated July 23) shows that it's already preparing for the worst. "In a paper presented to finance minister Grant Robertson in January and later released under the OIA, Treasury suggests three non-standard measures would be available ...

Jane Hume to address AFA Conference

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
The Assistant Minister for Superannuation, Financial Services and Financial Technology will address the Association of Financial Advisers' National Conference in Adelaide. AFA chief executive Philip Kewin said the AFA is delighted to welcome Senator ...

Final nail in the coffin for grandfathered commissions

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... of grandfathered commissions to financial advisers by 1 January 2021. Federal Treasurer Josh Frydenberg and assistant minister for superannuation, financial services and financial technology Jane Hume revealed Coalition plans to introduce the legislation ...

Australians demand SG increase: ISA

HARRISON WORLEY  |  MONDAY, 29 JUL 2019
... Last week, the government revealed it would not set a boundary for its upcoming retirement income review, with Prime Minister Scott Morrison confirming all options - including freezing SG - were open for the review to consider.