Search ResultsShowing 61 - 70 of 100+ results for "Federal Government"
Frydenberg boosts APRA funding
HARRISON WORLEY  |  MONDAY, 5 NOV 2018
The Federal Government has moved to strengthen supervision of the financial services industry, boosting APRA's funding and reappointing chair Wayne Byers for five years. The prudential regulator will welcome an extra $58.7 million in funding over the ...
Life insurer early intervention reforms dumped
KARREN VERGARA  |  THURSDAY, 25 OCT 2018
... reforms proposed to provide better rehabilitation and early intervention treatment have been scrapped by the Federal Government. In response to the Parliamentary Joint Committee on Corporations and Financial Services' report released yesterday, the ...
Revised penalties come down hard on white collar crime
HARRISON WORLEY  |  MONDAY, 22 OCT 2018
The Federal Government will this week introduce legislation into parliament to increase the penalties for white collar crimes. In a media release on Sunday, Treasurer Josh Frydenberg said criminal penalties were set to double in some cases, while civil ...
Government to relax super work test
KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
The Federal Government is aiming to boost the superannuation balances of retirees by relaxing the super contributions work test for one year. To be able to make voluntary contributions to super, members aged 65 to 74 are generally required to work a ...
Retirement living advice is an opportunity: Challenger Financial Standard Technical Services Forum
KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... various home support available to help advisers have a better conversation with retiree clients. This week, the Federal Government announced its intention to establish a Royal Commission into the aged care sector and is calling for elder financial abuse ...
Legislation lifts ASIC recruitment limitation
KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
... recruit staff outside of the PSA. The move is based on a recommendation by the ASIC Capability Review, which the Federal Government said it welcomed in April 2016. Separately, Frydenberg announced this week a second deputy chair will join APRA incumbent ...
Government establishes aged care Royal Commission
HARRISON WORLEY  |  MONDAY, 17 SEP 2018
... the newly established Royal Commission in to the aged care sector. Maurice Blackburn Lawyers welcomed the Federal Government's intention to establish a Royal Commission into the aged care sector and is calling for elder financial abuse to be scrutinised. ...
Instant asset write off extended
HARRISON WORLEY  |  THURSDAY, 13 SEP 2018
Financial advice and planning businesses are set to receive a boost with the extension of the Federal Government's $20,000 instant asset write off legislation passing through the Senate. Part of the Government's economic agenda to introduce tax cuts ...
Hostplus VC assets to hit $1bn
KARREN VERGARA  |  MONDAY, 10 SEP 2018
... Biomedical Translation Fund, a $500 million venture capital fund. It's received a 50/50 share of equity from the Federal Government and private sector investors, which includes Hostplus. Brandon Capital, which Hostplus has a stake in, received $125 million ...
Super industry welcomes Age Pension backflip
HARRISON WORLEY  |  THURSDAY, 6 SEP 2018
Key superannuation industry bodies have welcomed the Federal Government's decision to back flip on its longstanding proposal to increase the Age Pension age to 70. ISA deputy chief executive Matt Linden said the peak body for industry superannuation ...
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