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Showing 1 - 10 of 115 results for "Chalmers"

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... it lays out comprehensive reforms to make the system "stronger, more streamlined, and more transparent". Treasurer Jim Chalmers today released an updated foreign investment policy document to make the nation a more attractive place to invest, and at ...

Australia's budget position ranks second among G20 nations

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... in 2023, surpassing advanced economies like Germany, Japan, the United Kingdom, and the United States. Treasurer Jim Chalmers and minister for finance Katy Gallagher said the "remarkable improvement" was a testament to the government's responsible approach ...

Government introduces company merger overhaul

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
... Australia's merger rules will be reformed in a bid to boost competition and productivity in the economy. Treasurer Jim Chalmers and assistant minister for competition, charities, and treasury Andrew Leigh jointly stated that mergers will be approved ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
Treasurer Jim Chalmers is expected to deliver a surplus in the upcoming Federal Budget, but he warned iron ore prices and a softening labour market put a dent in how large it will be. Speaking at an event for the Committee for Economic Development of ...

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... impacts their businesses and allow them to engage with the government and regulators more effectively. Treasurer Jim Chalmers and minister for financial services Stephen Jones said the initiative will help regulators avoid duplication, build shared strategic ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... test doesn't unfairly eliminate products for reasons beyond the trustee's control. In a joint statement, treasurer Jim Chalmers said this isn't about government directing super investment - it's about making sure super funds are able to invest in ways ...

ANZ gets green light for Suncorp merger

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... the acquisition remains subject to legislative amendments by the Queensland Parliament and approval by treasurer Jim Chalmers. At the time of writing, Suncorp's shares have risen as much as 7.8% to $15.56. According to CommSec, this is its highest ...

Clime avoids board spill

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... Clime chair Don McLay, attempted to oust directors John Abernethy, Michael Kollo, Susan Wynne, Claire Bibby, and Ronni Chalmers. Torres proposed three new appointees: Peter Pynes, Benjamin Small, and Simon Tan. Shareholders rejected the three resolutions ...

Greg Combet to succeed Peter Costello as Future Fund chair

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024
... replace Peter Costello as chair of the Future Fund, commencing mid-year. At a press conference in Canberra, treasurer Jim Chalmers said the appointment of Combet, who only recently relinquished his role as chair of IFM Investors to take up the role at ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... more informed investment decisions and lay the foundation for a stronger, more robust financial system," Treasurer Jim Chalmers said. "The government is taking a balanced approach with these changes following extensive consultation with industry, investors ...
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