Search ResultsShowing 1 - 10 of 100+ results for "House of Representatives"
Trillion dollar stimulus debt debated
ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
... clarified. "Never let the perfect be the enemy of the good, and this is good legislation." It was a sparse House of Representatives that met for the first time in 16 days as social distancing was observed by MPs, leaving 1.5 metres space between each ...
Super funds asked to model early release impact
KANIKA SOOD  |  TUESDAY, 31 MAR 2020
... billion range owing to unemployment picking up since the Treasurer's announcement of the estimate. The House of Representatives Standing Committee on Economics chair Tim Wilson yesterday called out superannuation funds' complacence on liquidity ...
Super funds called out over liquidity
ELIZA BAVIN  |  MONDAY, 30 MAR 2020
The House of Representatives Standing Committee on Economics chair, Tim Wilson, has called out super funds that have said they are experiencing liquidity issues, saying it is inconsistent with evidence previously provided to the committee. Many super ...
The bulls are back
ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... in below worst fears and the focus stayed on the US$2 trillion stimulus awaiting approval by the US House of Representatives, according to Morningstar. The stimulus package reportedly includes US$500 billion to fund industries impacted by COVID-19, US$350 ...
Queensland funds inch closer to merger
HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
... possibilities and then act in the interests of our members," Fraser said. Late last year QSuper revealed to the House of Representatives Standing Committee that the two funds were not committed to a strict merger, confirming they would also examine other ...
FASEA extension passes
ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
... the Financial Adviser Standards and Ethics Authority exam and education requirements has passed the House of Representatives. The Treasury Laws Amendment (2019 Measures No.3) Bill amends the Corporations Act so that financial advisers will have more ...
Industry super steps up SG campaign as RBA weighs in
HARRISON WORLEY  |  MONDAY, 10 FEB 2020
... last night, ISAs new campaign is timely in light of comments made by RBA governor Phillip Lowe at a House of Representatives Standing Committee on Economics hearing on Friday. The head of the Reserve Bank said the RBA believes increases to compulsory ...
Chief economist update: Lowe puts Australia on high
BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... among the risks Reserve Bank of Australia governor Philip Lowe nominated when he testified before the House of Representatives Standing Committee on Economics on the February 7. One day later, and Lowe would have included the deluge buffeting New South ...
NAB revamps superannuation trustee board
KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... September end. NAB first signaled the additions in NULIS chair Peter Promnitz's opening statement to the House of Representatives. "Our four new directors possess diverse and extensive experience in financial services, and I welcome them to the board," ...
ASIC confirms SMSF negative returns
ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
The Australian Securities and Investment Commission has told the House of Representatives Standing Committee on Economics that SMSF's below $200,000 have a negative return on assets. Providing the most recent data from the ATO, ASIC answered the question ...
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