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Showing 771 - 780 of 2575 results for "Treasury"

Mudslinging over FASEA extension continues

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
... Standard that financial advisers should be disappointed with the government, who he said is threatening to withdraw the Treasury Laws Amendment bill set to provide advisers with certainty over the FASEA educational requirements. According to Jones, Labor ...

Industry funds revise ERS modelling

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
... than real figures in projecting the impact of the policy on member's retirement balances, following the testimony of Treasury division head retirement income policy Robert Jeremenko. The regulator revealed it wrote a letter to ISA on April 20, asking ...

Australia facing largest ever GDP fall

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... total combined quarterly production of South Australia, Tasmania, the Northern Territory and the ACT," Frydenberg said. "Treasury is forecasting the unemployment rate to reach around 10%, or 1.4 million unemployed, in the June quarter." The five percentage ...

FASEA extension to pass next week

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... that financial planners are able to provide advice to those who need it. That should be the number one priority." The Treasury Laws Amendment (2019 Measures No.3) Bill amends the Corporations Act so that financial advisers will have more time to pass ...

Lockdown measures cost $4bn a week: Frydenberg

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
... has revealed the COVID-19 social restrictions are costing the Australian economy $4 billion a week. New analysis from Treasury estimates the mass closure of businesses and activities, designed to stop the spread of the virus, will see GDP fall 10% in ...

Industry fund revalues unlisted assets

HARRISON WORLEY  |  TUESDAY, 28 APR 2020
... well given the recent market dislocation from COVID-19." Statewide also said it had assumed a 10x impact compared to Treasury's current assumptions when modelling the impact of the government's Early Release Scheme (ERS), and said its options would remain ...

Frontier Advisors makes key appointments

ELIZABETH MCARTHUR  |  TUESDAY, 28 APR 2020
... portfolio manager for insurance linked securities. Bulfin had a 10 year career at Goldman Sachs as a macro trader and in treasury management before moving to Singapore to work as a macro trader for Barcap. Simone Gavin will join the equities team at ...

BNY Mellon IM country head departs

KANIKA SOOD  |  MONDAY, 27 APR 2020
... partners (to mostly institutional clients), custody services, corporate trust services and data management. It also offers treasury services, depositary receipts, asset servicing, broker services plus markets, clearance and collateral management. In ...

Markets react as antiviral drug disappoints

ALLY SELBY  |  FRIDAY, 24 APR 2020
... proved the catalyst to tip US markets into a modesty risk-averse state. With markets falling, so did credit, he said. "US Treasury yields dropped, with the yield curve flattening and the 10 year yield trading at 0.59 per cent," Rodda said. Gold on the ...

ERS at risk of significant delays: ISA

ELIZA BAVIN  |  TUESDAY, 21 APR 2020
... might be impacted at some point, which ISA believed indicates people are accessing the scheme to build a savings buffer. Treasury estimated 1.5 million will take out $27 billion from super but ISA believes the number could be far higher - in excess of ...