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Showing 71 - 80 of 136 results for "Mathias Corman"

New Treasurer Bowen takes control of financial services and super

JAMES FERNYHOUGH  |  MONDAY, 1 JUL 2013
Chris Bowen will take over responsibility for the financial services and superannuation portfolio from Bill Shorten, as part of his responsibilities as treasurer. Previously a separate portfolio with a separate minister (Shorten), Prime Minister Kevin ...

But industry bodies see FoFA delay "unlikely"

LAURA MILLAN  |  FRIDAY, 28 JUN 2013
Financial industry bodies have said a delay of the Future of Financial Advice (FoFA) regulation asked for yesterday by the Financial Services Council (FSC) chief executive John Brogden is "unlikely". An extension of FoFA to July 1, 2014, would require ...

FSC Conference kicks off July 31

MARK SMITH  |  THURSDAY, 27 JUN 2013
The Financial Services Council (FSC) will be holding its annual conference at the Brisbane Convention and Exhibition Centre from July 31 - August 2. Shadow Minister for Superannuation and Financial Services Mathias Cormann and FSC chief executive John ...

Government agrees to 12-month TASA exemption

LAURA MILLAN  |  THURSDAY, 20 JUN 2013
The government has agreed to extend the exemption for financial planners to become registered tax agents under the Tax Agent Services Act (TASA) bill. The current exemption will be extended to June 30, 2014 and there will be a three year transition ...

Coalition opposes TASA changes

LAURA MILLAN  |  MONDAY, 17 JUN 2013
The Coalition has opposed the changes to the Tax Agents Services Act (TASA) bill on the same day that the Parliamentary Joint Committee is due to present the results of its inquiry to the Parliament. "It is completely inappropriate to release this sort ...

FIRST Super questions fairness of Coalition's super board quota policy

JAMES FERNYHOUGH  |  FRIDAY, 14 JUN 2013
FIRST Super chief executive Bill Watson has cast doubt over the legitimacy of the Coalition's policy to impose quotas on industry superannuation fund boards. "As far as I'm aware, for publicly listed companies there's not a requirement that there be ...

Government extends TASA exemption

LAURA MILLAN  |  THURSDAY, 6 JUN 2013
The federal government's Assistant Treasurer David Bradbury has extended the exemption for financial advisers of the Tax Agent Services Act (TASA) bill and has referred the bill to the Parliamentary Joint Committee for an inquiry. After pressure from ...

Govt loses, then wins vote on super legislation

MARK SMITH  |  THURSDAY, 16 MAY 2013
The House of Representatives voted in favour of Opposition amendments designed to ensure at least a third of super fund trustees have to be independent before the government regrouped to rule out the amendment. According to a statement from Opposition ...

SPAA gives support to Council of Super Custodians

JAMES FERNYHOUGH  |  MONDAY, 13 MAY 2013
The SMSF Professionals' Association of Australia (SPAA) has voiced support for the government's move to set up a Council of Super Custodians. Minister for Financial Services and Superannuation Bill Shorten announced the creation of a Charter Group last ...

No need for more super bureaucracy: Cormann

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
There was no need for more bureaucracy to protect Australian's superannuation savings, shadow minister for Financial Services Mathias Cormann has said in response to the government's announcement of a superannuation charter. Cormann was also critical ...