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Showing 81 - 90 of 334 results for "Minister for Financial Services"

Government acts to regulate crypto assets

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
... financial services framework. In a joint statement, treasurer Jim Chalmers and assistant treasurer and minister for financial services Stephen Jones said government reforms will bolster consumer protections. "We will establish a set of obligations and ...

Associations call for improved access to financial advice

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
... advice through the Quality of Advice Review (QAR) proposals. In a letter to assistant treasurer and minister for financial services Stephen Jones, the JAWG said the government's response to the QAR should prioritise the needs of everyday Australian consumers. ...

ACCC blitzes social media influencers

ANDREW MCKEAN  |  MONDAY, 30 JAN 2023
... added. The ACCC's crackdown on social media influencers is supported by assistant treasurer and minister for financial services Stephen Jones, who emphasised the importance of protecting consumers from false claims and deceitful sales tactics. "Commercial ...

Government to close child sex abuser loophole in super

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
... transparency to victims of their assets. In an interview with Sky News, assistant treasurer and minister for financial services Stephen Jones said: "We want to ensure that convicted child sex offenders cannot use superannuation - which was set up for ...

Treasury working on QAR, super tax concessions

CASSANDRA BALDINI  |  THURSDAY, 19 JAN 2023
... while also confirming the government has not scrapped super tax concessions. A spokesperson for minister for financial services Stephen Jones said the final report from the QAR will be released in the coming weeks. The final QAR recommendations, submitted ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... the best financial interest duty. Earlier this week, a spokesperson for assistant treasurer and minister for financial services Stephen Jones told Financial Standard : "We remain committed to providing Australians of faith the opportunity to invest their ...

Code of Ethics must be fixed: Phil Anderson

CASSANDRA BALDINI  |  MONDAY, 28 NOV 2022
... Code of Ethics Version 2 designed and delivered in 2023." In August the assistant treasurer and minister for financial services Stephen Jones announced the government would review the Code of Ethics next year. Anderson said he looks forward to the re ...

Super fund reporting requirements 'a dog's breakfast'

ANDREW MCKEAN  |  THURSDAY, 24 NOV 2022
Assistant treasurer and minister for financial services Stephen Jones has doubled down on overhauling transparency requirements so members can access clearer, more meaningful, and more consistent information about their fund. "Decades of scattergun ...

New rules on the way for BNPL sector

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
... for the buy now, pay later industry, releasing an options paper for consultation. According to minister for financial services Stephen Jones, the number of active BNPL accounts grew from five million to seven million last financial year. The bulk of ...

Government eyes crackdown on super tax concessions

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
... arrangements for high balance super funds will be reviewed by the government. Assistant treasurer and minister for financial services Stephen Jones spoke at the Australian Financial Review Super & Wealth Summit, saying the taxation of superannuation ...