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Showing 901 - 910 of 10916 results for "Government"

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... (42%) homeowners struggled to pay their home loan in August with an estimated 1.4 million mortgagors in distress. "The government should establish an RBA-style board to oversee APRA with a target for mortgage arrears of between 2% and 3%," HIA chief ...

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
... ASIC. Since July 2023, the regulator has coordinated the removal of over 7300 phishing and scam websites as part of the government's 'Fighting Scams' initiative to disrupt scams and protect Australians from financial harm.

Inquiry urges government to consider paid reproductive leave

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2024
The Senate committee tasked with investigating issues related to menopause wants the government to research the efficacy of existing reproductive leave policies in Australia and overseas with consideration to introducing it in the National Employment ...

Super to be paid on parental leave from July 2025

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
The legislation that will see superannuation contributions paid alongside government-funded parental leave entitlements passed parliament this morning. Parents receiving payments from the Commonwealth Paid Parental Leave scheme will begin receiving ...

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
The government is consulting on new regulations to relax restrictions on legacy superannuation products which would allow individuals to exit unsuitable products and remove barriers to closing legacy funds. The purpose of the draft Treasury Laws Amendment ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... face harsh penalties under the government's new Payday Super laws. Releasing its proposed framework today, the government outlined further details it plans to include in legislation to incentivise compliance and ensure employees are fairly compensated ...

ASFA launches new initiative to fight financial crime

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
... providers; develop industry-wide frameworks to combat financial and cybercrime; connect the superannuation sector, relevant government agencies and related financial services bodies; and help make Australians aware of the actions they can take to protect ...

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... balance of $250,000 will save $375 each year on average, it said. "As the largest payer of pensions outside of the government, we're committed to providing better retirement outcomes for our members," Marler said. "We're pleased to leverage our combined ...

HAFF receives first round commitments

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
... working with applicants to take preferred projects forward while working with the community housing sector, industry and government to shape future funding rounds and deliver more housing under the HAFFF and the NHAF." Meanwhile, CHIA also welcomed the ...

Scams prevention framework consultation released

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
... consultation with harsh penalties proposed for financial services firms that don't do enough to prevent scams. The government is planning to introduce mandatory codes that would requires financial services firms, along with tech giants and telcos, to ...