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Showing 51 - 60 of 2534 results for "Minister"

Mulino wants PII to step up to make CSLR sustainable

KARREN VERGARA  |  MONDAY, 15 DEC 2025
... Complaints Authority (AFCA) membership after licence cancellation, which is for at least 12 months. Shadow Financial Services Minister Pat Congaghan has slammed the CSLR for blowing out of proportion and therefore being unsustainable. "Right now, the ...

South Korea looks to Australia for next sovereign wealth fund

JAMIE WILLIAMSON  |  FRIDAY, 12 DEC 2025
... wealth fund, with this one to be modelled on the Future Fund. Launching the National Growth Fund yesterday, Deputy Prime Minister and Minister of Economy and Finance Yooncheol Koo said the government would use Australia's Future Fund and Singapore's ...

Mulino looks to reform CSLR

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
After holding a roundtable discussion yesterday, Minister for Financial Services Daniel Mulino says all consumer-facing sub-sectors within the financial services sector, and all 23 retail-facing sub-sectors will foot the $47.3 million CSLR special levy. ...

Mulino taps super sector to help pay CSLR special levy

ELIZA BAVIN  |  WEDNESDAY, 10 DEC 2025
Assistant Treasurer and Minister for Financial Services Daniel Mulino has suggested including APRA-regulated superannuation funds in the Compensation Scheme of Last Resort (CSLR) as the 2026 special levy has blown out to $47.3 million. Mulino added ...

Renters need twice as much super, risk poverty in retirement: SCA

KARREN VERGARA  |  TUESDAY, 9 DEC 2025
... crisis facing retirees right now, Commonwealth Rent Assistance has not kept pace with actual rents. We're calling on the Minister for Social Services Tanya Plibersek to address Rent Assistance as a matter of urgency. Every day this isn't addressed, renters ...

Women in Super announces new board line-up

ELIZABETH FRY  |  THURSDAY, 4 DEC 2025
The lobby group for women's financial security in retirement has refreshed its board, appointing two new directors and welcoming back a former member as it sharpens its focus on advocacy, equity and industry engagement. First up is Carla De Campo ...

Super funds continue to fail vulnerable members: UNSW

MATTHEW WAI  |  THURSDAY, 27 NOV 2025
... advice to members. Addressing financial advisers at the Financial Advice Association Australia (FAAA) Congress last week, minister for financial services Daniel Mulino struggled to provide a clear timeline for the passage of DBFO but said that he is ...

APRA-regulated funds should not pay CSLR special levy: SMC

MATTHEW WAI  |  MONDAY, 24 NOV 2025
... system." However, the government is likely to lean towards spreading the special levy across all sub-sectors. Last week, minister for financial services Daniel Mulino acknowledged that no one wants to bear the consequences of the collapsed schemes at ...

Prevention of Shield, First Guardian-like events the focus from here on: Mulino

MATTHEW WAI  |  THURSDAY, 20 NOV 2025
... disasters like the Shield Master Fund and First Guardian Master Fund from happening again will be the focus moving forward, minister for financial services Daniel Mulino told the Financial Advice Association Australia (FAAA) Congress. Although compensating ...

Conaghan holds ASIC accountable for Shield, First Guardian mess

KARREN VERGARA  |  THURSDAY, 20 NOV 2025
The shadow minister for financial services Pat Conaghan has thrust ASIC front and centre of the First Guardian and Shield Master Fund collapses, saying it should take accountability for its delayed action and it is high time for its reformation. Conaghan ...