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Showing 51 - 60 of 100+ results for "Senate"

FASEA extension hits snag

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... requirements was returned to the House of Representatives after an amendment was sought. Despite being introduced to the senate with bipartisan support, an amendment sought by Centre Alliance Senator Rex Patrick on an unrelated issue has seen the omnibus ...

Short consultation window for stamping fee exemption

HARRISON WORLEY  |  FRIDAY, 5 JUN 2020
... government's decision to remove the exemption a week after Labor's amendment was due to be given airtime in the Senate. Assuming there are no further delays, the exemption being quashed should ensure the FASEA extension's passage through ...

Raiz Super bleeds red

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
... It comes as superannuation consolidation tool SuperMatch is suspended by the ATO and APRA over fresh fraud fears. In a Senate hearing last week on COVID-19, APRA deputy chair Helen Rowell confirmed that the regulator had identified scammers trying to ...

FASEA boycott sparks in-fighting

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... working Australians and rebuilding confidence in the financial advice industry." She added that legislation is before the Senate to extend the period during which advisers can sit the exam to 1 January 2022.

Chief economist update: What to expect when you're expecting

BENJAMIN ONG  |  TUESDAY, 2 JUN 2020
... lockdown measures are starting to have a positive impact on confidence. So much so, that on May 28, Governor Lowe told the Senate Select Committee on COVID-19 that: "The evidence so far is that our mid-March package is working as expected and it is helping ...

Red tape to slow recovery: Lowe

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
... called for de-regulation, warning excess regulation threatens the "dynamism" of the Australian economy. Speaking to the Senate Select Committee on COVID-19, Lowe said the past three months have been extraordinary and there has been an unprecedented policy ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
... classic playing in their heads listening to Reserve Bank of Australia (RBA) governor Philip Lowe's remarks before the Senate Select Committee on COVID-19. Straight from the governor's mouth: "The evidence so far is that our mid-March package ...

APRA quashes super liquidity concerns

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
... the government's decision to allow Australians early access to their superannuation. Appearing alongside ASIC before the Senate Select Committee on COVID-19 on Thursday, APRA revealed superannuation funds haven't had any serious liquidity issues as a ...

FASEA extension en route

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
... remuneration to listed investment companies and trusts yesterday, in a move which should ensure a saloon passage through the Senate for legislation extending the deadline for advisers to meet FASEA educational requirements. With the matter settled, a ...

FASEA blame game on in earnest

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... requirements, after the government's Treasury Laws Amendment (2019 Measures No. 3) bill didn't get any air time in the Senate yesterday, despite sitting on the notice paper. Before long, both the government and the opposition were blaming each ...