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Showing 51 - 60 of 363 results for %22Senate committee%22

Litigation funding fight heats up

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
The Senate Parliamentary Joint Committee, Corporations and Financial Services looking into litigation funding and the regulation of the class action industry sparked a heated debate today. Menzies Research Centre chief of staff James Mathias was questioned ...

ASIC ends relief for advisers

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... would repeal the instruments following the COVID-19 crisis," the regulator said. "However, following feedback from the Senate Standing Committee for the Scrutiny of Delegated Legislation, ASIC has decided to amend these instruments to include specific ...

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 ...

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 ...

Calls for super funds, government to collaborate on energy security

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... called for the government to secure its energy reserves since 2011. He authored three reports for NRMA, assisted with a 2015 senate enquiry and with a 2018 parliamentary joint committee. "We should be thinking about some of our superannuation funds investing ...

APRA questioned on fund liquidity

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
The prudential regulator has been questioned over super fund liquidity concerns by the Senate Economics Committee. Senator Andrew Bragg issued a letter to APRA putting the regulator on notice to answer a number of questions related to super funds. "I ...

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... superannuation funds in Australia, with many funds defending their liquidity position. They were all served a letter by the Senate's standing committee on economics to provide details of their liquidity positions, including their unlisted assets and ...