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Showing 51 - 60 of 63 results for "Federal Treasurer Josh Frydenberg"

Australia back in the black

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... years, as the Treasurer estimates a surplus of $7.1 billion or 0.4% of the GDP for 2019-20. Federal Treasurer Josh Frydenberg said the Government will put the surplus towards getting rid of the net Commonwealth debt in the next decade. "Tonight I announce ...

Budget 2019-20: Social media reacts

KARREN VERGARA  |  TUESDAY, 2 APR 2019
Federal Treasurer Josh Frydenberg ignited mixed reactions on social media when he handed down the 2019-20 Budget tonight. Here's what Twitter accounts had to say. The Liberals boasted achieving a Budget surplus - the first in over a decade. #BREAKING ...

Infrastructure gets $100 billion

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... an additional $1 billion for the next phase of the Roads of Strategic Importance initiative," Federal Treasurer Josh Frydenberg said. New South Wales will get $7.3 billion in new projects including the Western Sydney rail link ($3.5 billion), M1 Pacific ...

Treasurer courts retirees with new superannuation measures

KARREN VERGARA  |  TUESDAY, 2 APR 2019
Federal Treasurer Josh Frydenberg unveiled new superannuation measures on the eve of releasing the 2019-20 Budget in a bid to win over retirees. Frydenberg announced yesterday that 65 and 66-year-olds will be able to make voluntary superannuation contributions ...

Frydenberg takes action on banning grandfathered commissions

HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
... previously grandfathered conflicted remuneration remaining in contracts after 1 January 2021. Federal Treasurer Josh Frydenberg defined conflicted remuneration as the payment of a benefit to a financial adviser that incentivises them to recommend a financial ...

Benchmark APRA against global counterparts: Treasury

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
... Commission. The first APRA capability review has now commenced, with a three-person panel appointed by Federal Treasurer Josh Frydenberg. The Treasury is seeking responses on the consultation for the next 26 days, through April 10. The terms of reference ...

Industry funds wary of stapling default members

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... Prudential Regulation Authority with more powers to deal with underperforming superannuation funds," Federal Treasurer Josh Frydenberg said in a statement. The legislation needs to pass the House of Representatives, which returns next week.

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... agree to the need for individual registration; a standard practice among many other professions. Federal Treasurer Josh Frydenberg said the Government is confident its actions will put in place the legislative framework necessary to provide regulators ...

Treasury initiates review post RC

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
Federal Treasurer Josh Frydenberg has announced an immediate review into how financial counselling services are funded and co-ordinated. Financial counselling services are provided by the Department of Social Services with a commitment that totals $64 ...

Frydenberg slams financial sector greed

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
Commenting to the interim report released this afternoon, Federal Treasurer Josh Frydenberg said it's evident the findings point to "greed" that's been pursued in return for short-term profits at the expense of consumers and the most basic standards ...