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Showing 1 - 10 of 24 results for "Andrew Leigh"

Government introduces company merger overhaul

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
... productivity in the economy. Treasurer Jim Chalmers and assistant minister for competition, charities, and treasury Andrew Leigh jointly stated that mergers will be approved to proceed within 30 working days, where the regulator decides that they don't ...

Government cracks the whip on multinationals

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... interest expenses do not exceed 30% of profits. According to assistant minister for competition, charities and treasury Andrew Leigh, the changes encapsulate the government's immediate priorities to strengthen thin capitalisation rules, curb excessive ...

Productivity Commission kicks off philanthropy review

CHLOE WALKER  |  MONDAY, 13 FEB 2023
... at a time when the charity sector is under pressure," assistant minister for competition, charities and treasury Andrew Leigh said. "Over recent decades, Australians have become less likely to join community groups, less likely to volunteer, less likely ...

Crypto asset reforms underway: Treasurer

ANDREW MCKEAN  |  MONDAY, 22 AUG 2022
... Jim Chalmers, minister for financial services Stephen Jones and minister for competition, charities and treasury Andrew Leigh have announced that work is underway on crypto asset reforms. "The Albanese government will improve the way Australia's regulatory ...

Common ownership concerns redundant: AustralianSuper

ANNABELLE DICKSON  |  MONDAY, 20 SEP 2021
... company have their own obligations to act in the best interest of the company," Silk said. The committee's deputy chair Andrew Leigh raised concerns that common ownership could be appointing fund managers who want to enjoy "the cushy life" rather than ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... different in the way it does it, and very few actually hand all of their voting powers to a single entity," she said. MP Andrew Leigh said the Hayne Royal Commission criticised ASIC for being slow to act on emerging issues. "I worry that on common ownership ...

Tim Wilson grills NAB on super ownership

ELIZABETH MCARTHUR  |  THURSDAY, 9 SEP 2021
... Over the last eight years, McEwan said, there has only been a slight change to the ownership mix of NAB shares. MP Andrew Leigh asked about conversations with Vanguard and BlackRock and the bank, but McEwan said the conversations with these large shareholders ...

Super, ASIC beneficiaries of advice challenges: Hearing

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
... do have an accessibility issue," Jacobsen said. When the discussion turned to remuneration, committee deputy chair Andrew Leigh asked how life insurance commissions differ from other forms of conflicted remuneration. Jacobsen said insurance is a grudge ...

Future Super, Verve accused of misleading members

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 FEB 2021
... Corporation chair Lindsay Tanner referred to Verve and Future Super as "promoters" of Diversa funds. This prompted Labor MP Andrew Leigh to liken the funds to "giant SMSFs" and question their marketing spends. However, Tanner defended Diversa's business ...

Industry fund called out over board diversity initiatives

KARREN VERGARA  |  THURSDAY, 17 DEC 2020
... which 60% are women, was grilled at a Standing Committee on Economics hearing into superannuation in November by MP Andrew Leigh, who questioned why board diversity initiatives take a backseat. APRA's June 2020 fund level superannuation statistics ...
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