Search ResultsShowing 81 - 90 of 100+ results for "Treasury"
AMP announces board changes
ELIZABETH MCARTHUR  |  MONDAY, 8 APR 2019
... chief executive of Mizuho Bank in Australia and Commonwealth Bank in Japan. She is also a non-executive director for the Treasury Corporation of Victoria, Persol Australia Holdings and the Australia-Japan Foundation and has previously served on the board ...
APRA receives new super powers
KARREN VERGARA  |  FRIDAY, 5 APR 2019
... been bolstered thanks to new laws that will enable it to take tougher action on trustees and underperforming funds. The Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No 1) Bill 2019 , which passed on ...
Financial product design and distribution law passes
KARREN VERGARA  |  THURSDAY, 4 APR 2019
... must comply with new laws to improve design and distribution obligations or else face civil or criminal penalties. The Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2019 passed both Houses of Parliament ...
Chief economist update: Rosy assumptions a Budget surplus make
BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... company sales and profits and then investment ... overall economic growth and through to government revenues. However, the Treasury's optimistic outlook on wages does not compute with its labour market forecasts whereby the unemployment rate flattens ...
Budget: RC response to cost over $600m
HARRISON WORLEY  |  TUESDAY, 2 APR 2019
... mechanisms such as the Financial Ombudsman Service. The Financial Services Reform Implementation Taskforce set up within Treasury to carry out the Government's responses and co-ordinate reform efforts with APRA, ASIC and other agencies through an implementation ...
Treasury proposes standardised default insurance definitions
KARREN VERGARA  |  FRIDAY, 29 MAR 2019
Commissioner Kenneth Hayne's push to have standardised terms and definitions for group insurance is open for consultation until April 26. Treasurer Josh Frydenberg is taking recommendation 4.13 from the Royal Commission's final report further by determining ...
Frydenberg takes action on banning grandfathered commissions
HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
... ban grandfathered conflicted remuneration for financial advisers last February. The new regulations - in the form of a Treasury Laws amendment - propose to change the Corporations Regulations to allow any conflicted remuneration payable after 1 January ...
Chief economist update: A question of when?
BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
... premature. The inversion needs to be sustained for longer (not just a day)." Today marks the fourth day of the US 10Y Treasury/1Y T-note yield inversion and the third negative yield differential between the tenners and the 3-month bill rate. We're ...
CFR, ATO report on SMSF borrowing arrangements
ELIZABETH MCARTHUR  |  MONDAY, 25 MAR 2019
... APRA's lending standards have been strengthened and ASIC's scrutiny of responsible lending compliance has increased. Treasury said in a statement that the Financial Adviser Standards and Ethics Authority's setting of new educational requirements for ...
Chief economist update: Woe to the world
BENJAMIN ONG  |  MONDAY, 25 MAR 2019
... Nikkei-225 is up 7.2% and China's Shanghai composite index is up 21.2%. "Bond yields have been falling: US 10-year Treasury bond yield down by 0.09% to 2.59% since the start of 2019; Australia down by 0.34% to 1.98%; Eurozone down by 0.16% to 0.08% ...
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