Search ResultsShowing 1 - 10 of 100+ results for "Josh Frydenberg"
Consultation opens on new ASIC powers
ELIZABETH MCARTHUR  |  WEDNESDAY, 11 SEP 2019
... legislation is part of the Government's commitment to deliver on the findings of the Royal Commission. Treasurer Josh Frydenberg said in a statement: "The exposure draft legislation is further evidence of the government's commitment to strengthening ...
The end of grandfathered commissions
ELIZABETH MCARTHUR  |  WEDNESDAY, 11 SEP 2019
... reform." The government introduced the legislation to ban grandfathered commissions at the end of July. Treasurer Josh Frydenberg and Senator Jane Hume released a joint statement at the time saying: "To ensure that the benefits of industry renegotiating ...
Chief economist update: Economy slows to decade low but still tops the pops
BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... would have been negative. It's not surprising therefore that both Prime Minister Scott Morrison and Treasurer Josh Frydenberg are talking their heads off rationalising the woeful set of numbers under their watch. As per Frydenberg: "Significantly ...
CFS slashes trail commissions on some funds
KANIKA SOOD  |  THURSDAY, 29 AUG 2019
... industry is inching towards a complete phase out of grandfathered commissions, backed by the federal treasurer Josh Frydenberg , who last month introduced legislation to end them by 2021. The banking Royal Commission's final report made a recommendation ...
ASIC clamps down on poor advice, grandfathered commissions
KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
... Corporate Plan. One of its new priorities is to end grandfathered commissions with direction from Federal Treasurer Josh Frydenberg. On a periodic basis, ASIC said it will undertake a quantitative review of firms that pay grandfathered commissions and ...
Treasurer moves on broker remuneration
ELIZABETH MCARTHUR  |  TUESDAY, 27 AUG 2019
Treasurer Josh Frydenberg announced the government will introduce a best interests duty for mortgage brokers and seek to reform broker remuneration. It is the next step in the government's response to the Royal Commission, releasing draft legislation ...
Chief economist update: What price Australian budget surplus?
BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... Australian government remains hell-bent on achieving that promised "Budget surplus". The current sitting Treasurer Josh Frydenberg looks set to deliver on the "promise" that has eluded four Federal Treasurers - Wayne Swan, Chris Bowen, Joe Hockey, and ...
Board addition strengthens strategic relationship
ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... Financial Sectors (Shareholding) Act 1998 , according to an August 14 notice signed by the Federal Treasurer Josh Frydenberg.
ASIC to review end of grandfathering
ELIZABETH MCARTHUR  |  WEDNESDAY, 21 AUG 2019
... July, the government introduced legislation to ban grandfathered commissions for financial advisers. Treasurer Josh Frydenberg and assistant minister for superannuation, financial services and financial technology Jane Hume released a joint statement ...
Frydenberg flags new advice disciplinary system
HARRISON WORLEY  |  MONDAY, 19 AUG 2019
... Kenneth Hayne in his landmark report into misconduct in Australia's financial services system, Treasurer Josh Frydenberg said the government was determined to restore trust in the financial system. To that end, the government plans to hold sections ...
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