Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 631 - 640 of 1927 results for "Treasurer"

More scrutiny for super fund, insurance firm chiefs

KARREN VERGARA  |  MONDAY, 5 AUG 2019
... Royal Commission. Financial services associations will also be called upon to appear before the standing committee. Treasurer Josh Frydenberg said including other financial services entities will complement the broader inquiry into the four major banks ...

Unfair contract terms extended to insurance

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
The Federal Government is extending the unfair contract term regime to insurance contracts. Treasurer Josh Frydenberg said proposed amendments to the Unfair Terms in Insurance Contracts Bill 2019 announced this week is the result of the Coalition taking ...

AFA, FPA slam haste in ending grandfathered commissions

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
... Association of Financial Advisers (AFA) have both criticised the time frame given to phase out grandfathered commissions. Treasurer Josh Frydenberg announced earlier this week legislation would be introduced to ban the payment of grandfathered commissions ...

Jane Hume to address AFA Conference

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
... that prevent members from retiring with more money, as recommended by the Productivity Commission. This week, Hume and Treasurer Josh Frydenberg announced the government will introduce legislation this week to end the payment of grandfathered commissions ...

Final nail in the coffin for grandfathered commissions

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... legislation this week to end the payment 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 ...

Government to close super salary sacrifice loophole

KARREN VERGARA  |  THURSDAY, 25 JUL 2019
... against dodgy employers who short change workers' superannuation savings via salary sacrifice contributions. Assistant Treasurer and Housing Minister Michael Sukkar introduced a raft of tax measures under Treasury Laws Amendment (2019 Tax Integrity and ...

Open Banking gets another shot in parliament

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
... consumers access to and control of their own financial data. The bill was reintroduced to Parliament and read today. Treasurer Josh Frydenberg said the legislation is designed to give consumers more power and allow them to switch service providers more ...

APRA forced to overhaul culture, capabilities

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... "In addition, APRA should develop a cultural change program that fosters internal debate and contestability." Federal Treasurer Josh Frydenberg commented the review found APRA is an "impressive and forceful" regulator in terms of overseeing traditional ...

Politicians dishonest about fraud: VOFF

HARRISON WORLEY  |  MONDAY, 15 JUL 2019
... are "dishonest" when it comes to handling fraud conduct. In an open letter to Labor's newly minted Shadow Assistant Treasurer and Shadow Minister for Financial Services Stephen Jones, VOFF recalled several instances of inconsistent positions adopted ...

Much review about nothing

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... industry's big players. "Speaking at the Bloomberg buy-side forum in Sydney recently, the newly-minted Assistant Treasurer for Superannuation, Financial Services and Financial Technology, Senator Jane Hume, backed Treasurer Josh Frydenberg's ...