Search ResultsShowing 1 - 10 of 100+ results for "Government"
Code monitoring move disappoints industry
ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
Treasurer Josh Frydenberg and Assistant Minister Jane Hume announced the government will accelerate its implementation of the Royal Commission's recommendation to establish a single disciplinary body for financial advisers. The move has disappointed ...
ACCC to probe rate cut decisions
HARRISON WORLEY  |  MONDAY, 14 OCT 2019
The Australian Competition and Consumer Commission (ACCC) has been directed by the government to immediately establish an inquiry into the behaviour of Australia's banks when it comes to passing on interest rate cuts. Announcing the inquiry on this ...
Chief economist update: Japan tightens fiscal policy
BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... Cooperation (OECD) - Japan does the opposite. Japan effectively tightened fiscal policy on October 1 when the Abe government's twice-postponed consumption tax hike (from 8% to 10%) took effect, projected to raise around US$46 billion a year, and ...
Super funds face scrutiny in Canberra
ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
... recommendations from the Royal Commission. The hearings will take place in Canberra on November 21 and 22 this year. The government announced in July that it would extend the remit of Committee on Economics to include the superannuation and insurance ...
Chief economist update: Negative bang for RBA, government's buck
BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
... Australia's (RBA) third interest rate reduction this year which brought the official cash rate to 0.75% and the Morrison government's July tax rebate, the latest Westpac-Melbourne Institute consumer sentiment survey delivers a grim warning to ...
State Super to sponsor retirement income research
HARRISON WORLEY  |  WEDNESDAY, 9 OCT 2019
... which are also scheduled employers in State Super - to add to the knowledge base for future planning by the State government in public sector retirement, pensions and superannuation. State Super chief executive John Livanas said the industry needed to ...
Chief economist update: Synchronised forecasts for a synchronised slowdown
BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2019
... Department placed eight Chinese tech firms to entity list, barring purchases of parts and components from firms without US government approval ( Bloomberg, Reuters ). Cited alleged human rights abuses, use of high-tech surveillance against China's ...
Stronghold launches open-ended fund
HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
... provides commercial property development and project management services, we remain convinced that economic fundamentals, government policy and social dynamics will continue to underpin the growth and popularity of suburban commercial office space," ...
Chief economist update: When monetary and fiscal policies don't meet
BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
... Just as US President Trump and his central bank governor Jerome Powell don't see eye to eye with the conduct of government and monetary policies, there is no meeting of the minds between Australian Prime Minister Scott Morrison (and his Treasurer ...
Advice associations slammed
JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
... remuneration structures to that of the mortgage broking industry, the UFAA said: "Within only a couple of months, the government not only reinstated broker commissions, but these commissions might end up being at a higher level than previously." "In ...
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