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Showing 71 - 80 of 1324 results for %22Australian Treasury%22

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... by Financial Standard, Treasury has referred PwC to the Australian Federal Police (AFP) for investigation. Australian Treasury Secretary Steven Kennedy announced the matter, in which PwC senior partners shared information obtained during a confidential ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... it promotes investment and the payment of corporate tax in Australia," he said. Meanwhile, the SMSF Association and Australian Shareholder Association (ASA) voiced relief over the Senate Committee's recommendations. SMSF Association chief executive Peter ...

Adviser registration extended to October

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... said it also wants to provide further guidance to advisers to comply with the registration process, as well as help Australian Financial Service Licensees register their relevant providers. "The registration requirement is new. It is separate, and in ...

AMP restructures wealth management, chief exits

KARREN VERGARA  |  MONDAY, 29 MAY 2023
... chief executive role of its local wealth management business redundant as it restructures to a new operating model. Australian Wealth Management (AWM) will see chief Scott Hartley exit by the end of the year. "With the recent [AMP Capital] transactions ...

VanEck reduces fees on NUGG

CHLOE WALKER  |  MONDAY, 29 MAY 2023
... 0.39% to 0.25% p.a. The ETF, which launched in December last year, is physically backed by gold bullion sourced from Australian gold producers. VanEck Asia Pacific managing director Arian Neiron said in the months since NUGG was launched, the group has ...

Treasury hands PwC tax scandal to AFP

CASSANDRA BALDINI  |  THURSDAY, 25 MAY 2023
... the embattled PwC will commence following Treasury's referral to the Australian Federal Police (AFP). Australian Treasury Secretary Steven Kennedy announced the matter, in which PwC senior partners shared information obtained during a confidential ...

Treasury consults on giving AFCA more super powers

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2023
Treasury is consulting on whether the Australian Financial Complaints Authority (AFCA) should have its remit expanded to deal with more complaints related to superannuation, following the Federal Court's MetLife decision. As it stands, under Part 7.10A ...

BNPL to be regulated under Credit Act

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... regulated as credit products," said Jones. He explained that under the plan BNPL providers will be required to hold an Australian credit licence, comply with responsible lending obligations and meet statutory dispute resolution and hardship requirements. ...

VanEck launches US bond ETF

CHLOE WALKER  |  MONDAY, 15 MAY 2023
... decade as the Fed has continued its unrelenting fight against inflation. "That presents an attractive opportunity for Australian investors to target the high yields of short dated US treasury securities given the RBA cash rate is lower." Currently, short-term ...

PwC senior leaders step down over tax scandal

CASSANDRA BALDINI  |  THURSDAY, 11 MAY 2023
... tax scandal. Calleja and Gregory will remain at PwC but have exited their senior roles and the executive board. The Australian heads are the latest to be caught up in the fallout and follow PwC chief executive Tom Seymour handing in his notice following ...