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Showing 791 - 800 of 1927 results for "Treasurer"

Labor's imputation credit reform cops industry backlash

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
... from numerous industry heavyweights believing it will have unintended and negative implications on retirees. Shadow treasurer Chris Bowen proposed to eliminate the cash rebate investors receive from excess dividend imputation credits to shut a "generous" ...

Shuttering dividend cash loophole to hit SMSFs

KARREN VERGARA  |  TUESDAY, 13 MAR 2018
... excess dividend imputation credits - a "generous" tax loophole that's mostly benefiting self-managed super funds. Shadow treasurer Chris Bowen said this "unfair revenue leakage" puts a greater tax burden on low and middle income earners, but enables ...

Complaints authority welcomes new chair

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
... resolution; she is a former Howard Government cabinet minister and served as the Minister for Revenue and Assistant Treasurer, O'Dwyer said. She demonstrated deep knowledge and understanding of the financial services sector and the issues faced by ...

Former wealth group chief joins Macrovue

ALEX BURKE  |  THURSDAY, 22 FEB 2018
... of H2 Ventures and KPMG's Fintech100. Other Australian companies included were Prospa, ZipMoney and AfterPay Touch. Treasurer Scott Morrison congratulated the Australian fintechs, adding they represent a diverse range of businesses including lending ...

Morrison unveils open banking framework

KARREN VERGARA  |  MONDAY, 12 FEB 2018
... open banking details 50 recommendations on how the new regime can succeed and ultimately empower consumers. Last week, Treasurer Scott Morrison unveiled a list of proposals covering the regulatory framework, data safeguards and the mechanics of how open ...

Government passes BEAR reform

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
... with greater ease and ensure banks' remuneration policies result in financial consequences for individuals. Federal Treasurer Scott Morrison said: "This legislation is part of a broader suite of financial services reforms delivering on the Turnbull Government's ...

Industry fund appoints former Queensland state politician

JAMIE WILLIAMSON  |  MONDAY, 5 FEB 2018
... chair. Fraser was deputy premier of Queensland from September 2011 to March 2012, prior to which he served as the 47th Treasurer of the state for five years. Fraser joined the industry fund in 2015 as an independent director and was selected as a result ...

Royal Commission begins in February

JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2018
... judge Kenneth Hayne named as Royal Commissioner. At the time a joint statement from Prime Minister Malcolm Turnbull and Treasurer Scott Morrison said that "instead of the inquisition into capitalism that some have called for, the Royal Commission will ...

Offshore investment vehicles await passport arrival

KARREN VERGARA  |  TUESDAY, 16 JAN 2018
... - including foreign companies registered in Australia - to test a wider range of new fintech products and services. Treasurer Scott Morrison released the draft legislation in October 2017 so fintechs can test financial services and products without the ...

Ho ho hum MYEFO

BENJAMIN ONG  |  TUESDAY, 19 DEC 2017
... GDP. A quote in 'Control magazine" says, "It is often said there are two types of forecasts... lucky or wrong!" The Treasurer (and us, Australians all) better hope we get lucky.