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Showing 51 - 60 of 2610 results for "Treasury"

AFCA to update rules on new genetic testing laws

KARREN VERGARA  |  TUESDAY, 2 JUN 2026
... proposing to amend its rules in preparation for recent legislative changes on genetic testing protections in life insurance. Treasury Laws Amendment (Genetic Testing Protections in Life Insurance and Other Measures) Bill 2025 passed both houses of parliament ...

ASIC cannot afford to stand still: Longo

VINNY VUCAGO  |  MONDAY, 1 JUN 2026
... will impede ASIC's ability to maintain its current enforcement program," he said, noting the regulator is engaging with Treasury and the government on the issue. Longo also called for greater resourcing across the broader enforcement system, arguing ...

CSLR levy must be directed towards bad actors: Burgess

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
... incentives, poor product governance, weak supervision, and failures to enforce existing obligations," he said. In response to Treasury's proposal on how the CSLR applies for SMSFs, the association "strongly" rejects the denial of SMSF investors' access ...

'No basis' to ban independent trustee model: Equity Trustees

ELIZA BAVIN  |  THURSDAY, 28 MAY 2026
Equity Trustees has made a submission to Treasury on Enhancing Member Protections in the Superannuation System saying there is "no sound basis" for banning the professional independent trustee model. Equity Trustees said independent trustees look after ...

ASIC flags stronger fintech collaboration

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
... fintech businesses navigate licensing requirements with greater certainty. "The way to do this is we need to work with Treasury, other regulators and the industry to get a good result," Longo said, adding that ASIC wanted businesses to move "from innovation ...

FAAA pushes for 'fundamental' changes to CSLR

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
The Financial Advice Association of Australia (FAAA) is pushing for "fundamental changes" to how the Compensation Scheme of Last Resort (CSLR) is funded, arguing it would be detrimental to financial advisers and small businesses if it continues in its ...

APRA funding levy rises to $253m

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
APRA's funding levy will rise by 4.2% to $253.3 million for the 2027 financial year, Treasury estimates show, with superannuation funds expected to cover one third of this charge. Split across the sectors it regulates, APRA apportioned $81.2 million ...

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... regulators' roundtable of life insurance chief executives, which had representatives from 19 insurers and reinsurers, Treasury and the Council of Australian Life Insurers (CALI), discussed several issues facing TPD insurance. Participants overwhelmingly ...

Aware Super names head of stewardship

STAFF WRITER  |  THURSDAY, 21 MAY 2026
... public policy, asset management and commercial development initiatives in Australia at AMP, ANZ, Deloitte and Victorian Treasury. He recently chaired Blackwattle Investment Partners ESG Council for four years and led the development of IFM Investors' ...

Government to fast track low-risk foreign investments

RIDDHIMA TALWANI  |  WEDNESDAY, 20 MAY 2026
... attract investment that drives economic growth, creates skilled jobs, and lifts competition and innovation." Last year Treasury released a discussion paper for feedback to further streamline and strengthen the foreign investment framework. It said the ...