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Showing 751 - 760 of 2537 results for "Minister"

Government to increase SMSF member limit

KARREN VERGARA  |  MONDAY, 30 APR 2018
... superannuation fund members from four to six - a proposal welcomed by the SMSF Association. Revenue and Financial Services Minister Kelly O'Dwyer said the change will allow for greater flexibility given the strong growth the sector has experienced and ...

Royal Commission bad for super: Switzer

ALEX BURKE, JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
Switzer Group founder Peter Switzer argued that the Royal Commission is a "super-killing blood-sport" that will ultimately hurt super member balances. Writing in a Switzer Daily column, Switzer said he had mixed feelings about the Commission, arguing ...

Chief economist update: Malcolm puts agricuture in the middle

BENJAMIN ONG  |  MONDAY, 23 APR 2018
... politically it would have been better for us if we had done it years ago." These are the words from Australian Prime Minister Malcolm Turnbull doing a "mea culpa" for waiting two years before establishing the Royal Commission investigating misconducts ...

Government targeted for delaying Royal Commission

ALEX BURKE  |  FRIDAY, 20 APR 2018
... unsurprisingly, much of the criticism was leveled by Labor and Greens politicians - although the former Deputy Prime Minister also expressed his regret for opposing it. In the past I argued against a Royal Commission into banking. I was wrong. What I ...

RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... ASIC's powers imposing penalties that "represent the most significant increases" in more than two decades, according to Minister for Revenue and Financial Services Kelly O'Dwyer. See more: Meller to leave AMP immediately RC questions adviser sales tactics ...

Government ramps up ASIC powers

ALEX BURKE  |  FRIDAY, 20 APR 2018
... criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers. Treasurer Scott Morrison and Minister for Revenue and Financial Services Kelly O'Dwyer said the new penalties "represent the most significant increases" in ...

ASIC fees to more than double

JAMIE WILLIAMSON  |  THURSDAY, 12 APR 2018
... new fees for an application to vary or revoke the conditions or cancel the registration of an approved SMSF auditor. Minister for Revenue and Financial Services Kelly O'Dwyer said that under the new fees-for-service regime, fees for activities - such ...

AFA responds to 'disappointing' PJC life insurance report

KARREN VERGARA  |  WEDNESDAY, 11 APR 2018
... opposes this recommendation as it has no basis and if it's accepted will contradict the measures already put in place by Minister for Revenue and Financial Services Kelly O'Dwyer. "Such a program will duplicate audits performed by licensees and will ...

Chief economist update: Let's talk about oil baby

BENJAMIN ONG  |  WEDNESDAY, 11 APR 2018
... in 2019, so we are trying to pick the right time [before the issuance of Aramco's IPO]". This, along with Saudi Energy Minister Khalid al-Falih's statement that OPEC would rather have a tighter oil market than end the supply cuts prematurely extended ...

Chief economist update: Trump trumps Brexit

BENJAMIN ONG  |  TUESDAY, 10 APR 2018
... that the US enjoyed a US$3.3 billion surplus with the UK in 2017 (up from US$1 billion in the previous year). UK Prime Minister Theresa May and Bank of England (BOE) governor Mark Carney could at least focus on the domestic economy. While UK GDP growth ...