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Showing 981 - 990 of 2575 results for "Treasury"

Legislation lifts ASIC recruitment limitation

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
... capabilities and enables it to recruit staff outside of the Public Service Act has passed through Parliament. Under the Treasury Laws Amendment (Enhancing ASIC's Capabilities) Bill 2018, ASIC will have greater operational flexibility and expressly consider ...

Frydenberg appoints second APRA deputy chair

HARRISON WORLEY  |  TUESDAY, 18 SEP 2018
Treasurer Josh Frydenberg appointed a Treasury official as the second deputy chair at Australia's prudential regulator. John Lonsdale links with APRA as a full-time member and second deputy chair for the next five years, with a remit to strengthen the ...

Federal oversight of financial services sector clarified

JAMIE WILLIAMSON  |  TUESDAY, 4 SEP 2018
... legislation and administration. The not-for-profit and mutual sector now comes under the remit of Assistant to the Minister for Treasury and Finance Sector Zed Seselja, including the Australian Charities and Not-for-profits Commission. He will also oversee ...

SMSFA questions three-year audits

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... compliant," Maroney said. The Federal Government proposed the new auditing rule in this year's Budget. In response to Treasury's discussion paper, Maroney urged the Government should reconsider introducing the proposal. The submission highlighted concerns ...

Confidence remains in face of regulatory headwinds

JAMIE WILLIAMSON  |  FRIDAY, 31 AUG 2018
... such headwinds, confidence in the ability to perform remains high, latest research shows. According to RBC Investor and Treasury Services, 97% of asset managers are confident they can successfully adapt to the changing business environment. This is despite ...

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
... published last night by the Federal Reserve Bank of San Francisco (FRBSF) is reason to be concerned: "The ability of the Treasury yield curve to predict future recessions has recently received a great deal of public attention. An inversion of the yield ...

Morrison drops financial services portfolio

JAMIE WILLIAMSON  |  MONDAY, 27 AUG 2018
... returning to the frontbench to support him as Deputy Treasurer. ACT senator Zed Seselja is now Assistant Minister for Treasury and Finance, assisting both Frydenberg and continuing Minister for Finance and the Public Service, Mathias Cormann. The ASX ...

Aussie instos back world-first blockchain bond

KANIKA SOOD  |  FRIDAY, 24 AUG 2018
... backed the world's first blockchain bond developed by Commonwealth Bank and the World Bank. First State Super, NSW Treasury Corporation (TCorp), Treasury Corporation of Victoria, CBA, QBE and SAFA signed on as the foundational investors of bond-i. ...

CCIV draws mixed reception: Research

KARREN VERGARA  |  THURSDAY, 23 AUG 2018
... "highly effective." The Federal Government opened consultation to industry stakeholders for the first tranche of the Treasury Laws Amendment (Corporate Collective Investment Vehicle) Bill 2018 in June. Under the framework, a company can register as a ...

JPMorgan fund excludes tobacco, cuts fees

DARREN SNYDER  |  TUESDAY, 21 AUG 2018
... manager Josh Berelowitz said the fund has added a modest position in duration throughout 2018 in the form of US 10-year Treasury bonds, as yields climbed above 3%. With short-term equity-bond correlations at negative, the portfolio manager saw this as ...