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Showing 71 - 80 of 100+ results for "Treasurer Josh Frydenberg"

Responsible lending laws to be revoked

ANNABELLE DICKSON  |  FRIDAY, 25 SEP 2020
... seeking credit, improve competition and provide easier access for small businesses to obtain credit. Treasurer Josh Frydenberg said the responsible lending framework is "overly prescriptive, complex and unnecessarily onerous on consumers." As a result ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... Federal Budget - to be revealed on October 6 (the same day as its board meeting) - on the economy. Federal Treasurer Josh Frydenberg is expected to announce a growth boosting budget that includes bringing forward income tax cuts, new infrastructure and ...

Government increases fees for foreign investment

ANNABELLE DICKSON  |  MONDAY, 21 SEP 2020
... for foreign investment applications for commercial businesses, agricultural land and residential land. Treasurer Josh Frydenberg said the amendments to the fee framework are intended to establish a fairer and simpler framework for fees. "The new prices ...

JobKeeper extension passed

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... territory government agencies to assist them in their efforts to address the impacts of the coronavirus. Treasurer Josh Frydenberg told parliament when presenting the bill that for many businesses it will be the difference between them remaining in business ...

AMP, CBA, Westpac face potential class action

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... as the government pursues a crackdown on class action lawsuits and the institutions that fund them. Treasurer Josh Frydenberg announced in May this year that the government was seeking litigation funders to be subject to greater regulatory oversight. ...

Chief economist update: It's about human life, not human rights

BENJAMIN ONG  |  MONDAY, 3 AUG 2020
... cost hundreds of thousands of jobs - not to mention an even bigger budget deficit. But just as Federal Treasurer Josh Frydenberg said: "The extent of the damage would depend on the effectiveness of the restrictions that's slowing the spread of the ...

New class action regulations slammed

ALLY SELBY  |  FRIDAY, 24 JUL 2020
Class Actions Australia has slammed new regulations announced by Treasurer Josh Frydenberg defining class actions as "managed investment schemes" labelling them "bizarre", as the Senate holds its second public hearing into litigation funding and the ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... this report is immediately released to the public so its findings can be tested and verified. Federal Treasurer Josh Frydenberg announced a review into Australia's retirement income system in September 2019 which was initially due to hand down its ...

Government announces $184bn deficit

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
Treasurer Josh Frydenberg has announced the country's biggest ever peace-time budget deficit as the economic effects of COVID-19 are realised. Frydenberg and Minister for Finance, Senator Mathias Cormann revealed the economic toll while giving an economic ...

Early release of super extended

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... able to apply for up to $10,000 of their super savings until 31 December 2020. In a press conference, Treasurer Josh Frydenberg confirmed the extension would go ahead. The ERS extension will cost the government $2.22 billion over the forward estimates ...