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Showing 1 - 10 of 503 results for "Opposition"

Coalition appoints shadow assistant treasurer, financial services minister

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... shadow minister for financial services in Luke Howarth, while Andrew Bragg takes on the portfolio of home ownership. Opposition leader Peter Dutton unveiled a shakeup of his frontbench yesterday, delegating Howarth the dual roles. Howarth was previously ...

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... recommendations from the RBA Review released in April and is the culmination of months-long discussions with the central bank and Opposition. The bill proposes to revoke the treasurer's powers and establish the RBA's primary goal as promoting ...

New bill to strip treasurer of RBA monetary policy veto powers

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... recommendations from the RBA Review released in April and is the culmination of months-long discussions with the central bank and Opposition. In addition to revoking the treasurer's powers, the bill stipulates that the RBA's primary goal is to "promote ...

Future Fund exposed to dangerous Chinese investments: Opposition

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... Xinjiang, and invested in sanctioned nations such as Russia, Iran, and North Korea. According to an audit conducted by opposition senator James Paterson in August, the $200 billion sovereign wealth fund first forayed into Chinese markets in 2007, but ...

Super tax change to impact SMSF members: Research

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
... never be realised, is something completely different." The National Farmer's Federation (NFF) also voiced strong opposition to the government's draft reforms and said that farmers commonly transfer their land assets - often key to their retirement ...

Farmers distressed by superannuation tax overhaul

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
The National Farmer's Federation (NFF) has voiced strong opposition to the government's draft reforms on tax concessions for superannuation balances over $3 million, signalling potential ramifications for rural communities. The NFF said that ...

Ring-fencing super for aged care adds complexity, cost: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 13 SEP 2023
... sustainability of aged care funding in Australia, the Association of Superannuation Funds of Australia (ASFA) has voiced strong opposition to ring-fencing superannuation for aged care costs. ASFA argued that ring-fencing would likely result in allocated ...

GAM investors make partial offer

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
The investor group in opposition of Liontrust Asset Management's acquisition of GAM Investments is attempting to acquire 17.5% of the latter. In May, Liontrust offered to acquire GAM Investments. Almost immediately the deal was criticised by shareholders ...

ISA welcomes back former chair

CASSANDRA BALDINI  |  MONDAY, 26 JUN 2023
... the NSW Parliament, serving as s treasurer, attorney general, health and arts minister as well as as leader of the opposition. Collins has chaired several public boards including, Australian Institute of Health & Welfare, Legal Aid Commission of NSW ...

FAAA suggests adviser pathway tweaks

CHLOE WALKER  |  FRIDAY, 5 MAY 2023
... if both the sunset clause and ethics unit changes were incorporated, the FAAA said. According to Abood, much of the opposition to the proposal has been focused on the fear that this change will undermine the perception of financial advice as a profession. ...
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