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Showing 1 - 10 of 49 results for "Assistant Treasurer Stephen Jones"

Most read in 2025: Superannuation

ELIZA BAVIN  |  MONDAY, 22 DEC 2025
... this year. Minimum standard services for super funds welcomed Treasurer Jim Chalmers and former Assistant Treasurer Stephen Jones announced new mandatory minimum service standards for all large APRA-regulated superannuation funds. Chalmers said the reforms ...

Treasury launches consultation on CSLR breaching sub-sector levy caps

KARREN VERGARA  |  FRIDAY, 1 AUG 2025
... $70 million to fund the scheme for FY26 - breaching the $20 million cap. Shortly after, former assistant treasurer Stephen Jones announced Labor would undertake a post-implementation, comprehensive review of the CSLR to ensure victims of financial misconduct ...

Government releases draft payday super law

ANDREW MCKEAN  |  FRIDAY, 14 MAR 2025
... will ensure "workers earn more, keep more of what they earn, and retire with more as well." Assistant Treasurer Stephen Jones said that switching to payday super means a 25-year-old on a median income, who currently receives their super quarterly and ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... which she described as "deeply disappointing." Last month, treasurer Jim Chalmers and outgoing assistant treasurer Stephen Jones announced new mandatory minimum service standards for all large APRA-regulated superannuation funds. Billed as a push to ...

Jones flags drafting of Tranche 2 legislation

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
Assistant treasurer Stephen Jones said Tranche 2 of the Delivering Better Financial Outcomes (DBFO) reforms remains a priority before he bows out of politics but fell short of confirming when the draft bill will see the light of day. Jones told a recent ...

Government to scrap advisers' approved qualifications list

KARREN VERGARA  |  MONDAY, 10 FEB 2025
... list of approved qualifications and proposing to allow any bachelor's degree or higher. Assistant treasurer Stephen Jones this morning announced the proposed change - which calls for a bachelor's degree or higher across any discipline - will ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... financial advice in this country." This will be determined by the relevant minister at the time. Assistant treasurer Stephen Jones this morning announced that the Albanese government is directing Treasury to undertake a comprehensive review of the CSLR ...

Minimum service standards for super funds welcomed

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
Treasurer Jim Chalmers and Assistant Treasurer Stephen Jones announced new mandatory minimum service standards for all large APRA-regulated superannuation funds. Chalmers said the reforms will improve member outcomes and how funds engage with their ...

Treasury reappoints 24 members to FSCP

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... available to the FSCP, to help ensure that key sectors of our economy are regulated effectively," Assistant Treasurer Stephen Jones said. The Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021 established the FSCP within ...

Super funds should focus on 'simple' advice: Jones

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
Assistant Treasurer Stephen Jones said the purpose of Tranche 2 of Delivering Better Financial Outcomes (DBFO)- which was previewed earlier this week - is to allow super funds to provide basic financial advice, not to see a repeat of issues raised during ...
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