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Showing 61 - 70 of 113 results for "House of Representatives Standing Committee"

Inquiry denounces franking credit ban

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
The House of Representatives Standing Committee on Economics concluded Labor's proposal to remove refundable franking credits should not go ahead. Releasing the committee's final report last night, Liberal MP and committee chair Tim Wilson said the ...

MP slams prolonged grandfathered commissions carve out

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... the industry is receiving little sympathy from the Government. Deputy chair of the House of Representatives Standing Committee on Economics Review of the Four Major Banks, Matt Thistlethwaite, said last week that he doesn't feel sorry for financial advisers ...

NAB needs 500 staff for remediation

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... institution needs to go to great lengths to repay customers. In his opening statement to the House of Representatives Standing Committee on Economics, Chronican began by saying: "Let me start by acknowledging that as a bank we have let down our customers." ...

Argo Investments attacks Labor franking policy

HARRISON WORLEY  |  MONDAY, 22 OCT 2018
... with the policy and its implications. Higgins confirmed Argo made a submission the House of Representatives Standing Committee on Economics inquiry into the implications of Labor's policy, which strongly voices the objections of the firm. Argo's public ...

ANZ chief says remediation is "distracting"

KARREN VERGARA  |  FRIDAY, 12 OCT 2018
... point took up to 15 years to compensate some customers. This morning, Elliott told the House of Representatives Standing Committee on Economics in Canberra that it was one of the two major banks that admitted to ASIC it viewed remediating customers as ...

Banks to answer for Hayne report

JAMIE WILLIAMSON  |  MONDAY, 8 OCT 2018
... questioning over the findings published in Commissioner Kenneth Hayne's interim report. The House of Representatives Standing Committee on Economics will commence its next round of public hearings on October 11, 12 and 19. The hearings will provide an ...

Franking credits inquiry launched

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
... the implications of Labor's policy to remove refundable franking credits. The House of Representatives Standing Committee on Economics will investigate the implications of removing refundable franking credits. The review comes after the Labor Party ...

Macquarie axes grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... reasonably practicable and to the maximum possible extent." More recently, fronting the House of Representatives Standing Committee on Economics, ASIC deputy chair Peter Kell said the regulator has not had a chance to consider an actual timeframe for ...

ASIC not to blame for trust deficit: Shipton

JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
... trust deficit present in Australia's financial services industry. Appearing before the House of Representatives Standing Committee on Economics in Canberra last Friday, Shipton was asked what responsibility ASIC takes for what has occurred in recent ...

ASIC admits AMP inaction

JAMIE WILLIAMSON  |  FRIDAY, 22 JUN 2018
... Commission that AMP was allegedly attempting to mislead the regulator. Appearing before the House of Representatives Standing Committee on Economics in Canberra today, senior leaders at ASIC admitted they were not surprised by the revelations about AMP ...