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Showing 71 - 80 of 100+ results for "Senate"

ANU to help determine fate of SG increase

ELIZA BAVIN  |  FRIDAY, 6 MAR 2020
... superannuation guarantee is increased to 12%. Robb Preston, manager of Treasury's retirement income policy division, told the Senate Estimates committee that Treasury selected ANU's tax and transfer policy institute because it is a well-respected policy ...

Coronavirus no match for Future Fund

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
... sovereign wealth fund can handle the impacts of the coronavirus outbreak, thanks to its diversification. Appearing before the Senate Finance and Public Administration Legislation Committee in Canberra yesterday, Arndt was asked about the Future Fund's ...

SG amnesty bill finally passes

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
The government's superannuation guarantee amnesty bill was waved through the Senate yesterday, almost two full years after it was first introduced to the parliament. The Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019 yesterday ...

FASEA extension passes

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
... FASEA's education requirements. Now that the bill has passed in the House of Representatives, it has to be passed in the Senate, but there is no indication that there will be opposition to the bill. If it passes, advisers will be given an additional ...

Regulation costly, time consuming: CSIRO

ELIZA BAVIN  |  FRIDAY, 17 JAN 2020
The CSIRO has recommended a more lenient approach to regulation in the corporate world in a submission to the Senate Select Committee on Financial Technology and Regulatory Technology. The science body noted that Australia's strong regulatory environment ...

RBA crushes hopes of Libra launch

ALLY SELBY  |  FRIDAY, 10 JAN 2020
... wouldn't be enough demand for the global stablecoin anyway. That's according to the RBA'S latest submission to the Senate Select Committee on Financial Technology and Regulatory Technology, which outlined the central bank's position on ...

AFA calls out FASEA chief inconsistency

ELIZABETH MCARTHUR  |  THURSDAY, 21 NOV 2019
... Standards and Ethics Authority chief executive Stephen Glenfield, over recognition of CPD. Glenfield made comments at a recent Senate Estimates hearing, including: "We've recognised [financial advisers'] continuing professional development where ...

FASEA attempting to re-write law: AFA

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... the unintended consequences of its desire to remove all conflicts from financial advice. The AFA pointed out that at a Senate Estimates Hearing FASEA chief executive Stephen Glenfield said: "FASEA is not banning any particular form of remuneration." ...

FASEA chief unaware of dwindling adviser numbers

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2019
... refused to acknowledge the impact increased education requirements has had on financial adviser numbers during a recent Senate Estimates hearing. Appearing before the committee, Glenfield was asked by Liberal Senator Amanda Stoker whether the authority ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... low account balances, after the government's Putting Members' Interests First super reforms passed through the Senate yesterday. The Senate passed the government's reforms after Assistant Minister for Superannuation, Financial Services and ...