Search ResultsShowing 61 - 70 of 100+ results for "Scott Morrison"
Government caves to banking Royal Commission
KARREN VERGARA  |  THURSDAY, 30 NOV 2017
... resilience of banks, or the conduct of self-managed superannuation funds. Prime Minister Malcolm Turnbull and Treasurer Scott Morrison put to bed the "ongoing speculation and fear-mongering about a banking inquiry" that is disrupting and risks undermining ...
Aussie fintechs among world's best
KARREN VERGARA  |  THURSDAY, 16 NOV 2017
... list were: Airwallex, CoverGenius, Hyper Anna, Macrovue, MoneyMe Financial Group, Tic:Toc and Valiant. Treasurer Scott Morrison congratulated the Australian fintechs, adding they represent a diverse range of businesses including lending, wealth management ...
Morrison backs customer-owned banking reforms
KARREN VERGARA  |  FRIDAY, 10 NOV 2017
Treasurer Scott Morrison has backed the entire proposed reform package for the banking co-ops and mutuals sector in an effort to further increase competition in banking and financial services. The Hammond Review found a widespread lack of recognition ...
O'Dwyer urges AFCA consultation
KARREN VERGARA  |  FRIDAY, 3 NOV 2017
... of an amount up to $5 million, AFCA should have a compensation cap of $1 million," the paper noted. Treasurer Scott Morrison set in motion the establishment of a one-stop-shop dispute body to replace the Financial Ombudsman Service, the Credit and Investments ...
BEAR has 'teeth': Treasurer
KARREN VERGARA  |  MONDAY, 30 OCT 2017
... under the Banking Executive Accountability Regime will face much tougher penalties and consequences, Treasurer Scott Morrison warns. Morrison told the Financial Services Council and BT Political series breakfast this morning that the BEAR goes beyond ...
Fintech regulatory sandbox draft legislation released
KARREN VERGARA  |  WEDNESDAY, 25 OCT 2017
... in an effort to allow fintechs to test financial services and products without the burden of an AFSL. Treasurer Scott Morrison said the proposed legislative package supports the fintech industry which has propelled Australia to become the second largest ...
BEAR should apply to insurance bosses: Spot poll
KARREN VERGARA  |  MONDAY, 23 OCT 2017
... House of Representatives. Introducing the legislation would "enact landmark financial services reform", Treasurer Scott Morrison said, adding it would impose tough new rules and greater accountability to bank executives. It would also mean executives ...
BEAR closer to legislation
KARREN VERGARA  |  FRIDAY, 20 OCT 2017
... Bill 2017 to the Banking Act will bring tough new rules and greater accountability to bank executives, Treasurer Scott Morrison said. "Under the BEAR, banks and their senior executives and directors will be expected to conduct their business with honesty ...
BEAR cracks down on executive pay
KARREN VERGARA  |  MONDAY, 25 SEP 2017
... and its senior executives and directors "accountable for meeting heightened standards of behaviour," Treasurer Scott Morrison said in releasing the BEAR draft bill. Morrison flagged stricter accountability obligations for banking and authorised deposit ...
Retail investors given equity crowdfunding boost
ALEX BURKE  |  THURSDAY, 14 SEP 2017
... innovative, early-stage businesses that may have difficulty accessing funding from traditional sources," Treasurer Scott Morrison said. "As part of this Bill, proprietary companies wanting to access equity crowdfunding will no longer have to convert ...
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