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Showing 1 - 10 of 31 results for "Senate Estimates"

Future Fund chief says staff departure not at 'worrying level'

RIDDHIMA TALWANI | FRIDAY, 29 MAY 2026

... running rate of around 6% in the senior investment team has not reached a "worrying level". Arndt was speaking at a Senate Estimates Committee hearing yesterday about the rise in turnover at the sovereign wealth fund recently. "We tend to have people ...

Government reviewing $3m super tax

ELIZA BAVIN | FRIDAY, 10 OCT 2025

The deputy secretary of the revenue division with Treasury Diane Brown has told a Senate estimates hearing that the government is considering potential changes to Treasurer Jim Chalmers' controversial $3 million superannuation tax legislation. Brown ...

ASIC helping with law reform over Shield, First Guardian

ELIZA BAVIN | FRIDAY, 10 OCT 2025

ASIC chair Joe Longo has told a Senate estimates hearing that the corporate regulator is working closely with Treasury and the government on law reform in the wake of the Shield Master Fund and First Guardian Master Fund collapses. Longo said high risk ...

TPB grilled over handling of PwC scandal

JAMIE WILLIAMSON | THURSDAY, 1 JUN 2023

Fronting a Senate Estimates hearing, the Tax Practitioners Board (TPB) said it has no plans to suspend PwC, nor has it formally considered whether the consultant breached legislative requirements to act honestly and with integrity. Appearing in Canberra ...

ASIC dodges PGPA investigation questioning

CASSANDRA BALDINI | THURSDAY, 16 FEB 2023

... Bragg issued a statement following the hearing and said ASIC must show clean hands. "In a strange presentation at Senate Estimates today, the corporate cop ASIC has confirmed there has been an inquiry into ASIC's deputy chair," he said. "This fact ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN | WEDNESDAY, 13 APR 2022

After questioning from Senator Andrew Bragg at Senate estimates, prudential regulator APRA shared it has done some preliminary investigations about payments to unions. Bragg has claimed that superannuation which should be for workers has turned into ...

Government to create ASIC, APRA regulator

ANNABELLE DICKSON | THURSDAY, 24 JUN 2021

... accountable to the parliament, the Financial Services Royal Commission noted that parliamentary committees, including Senate Estimates, have some limitations in assessing the effectiveness of the regulators (for example, the fields of expertise required ...

Shipton $200k out of pocket

ELIZA BAVIN | TUESDAY, 19 JAN 2021

... in October last year as he awaited an outcome of a review into his remuneration arrangements. Shipton told the Senate Estimates committee that the Australian National Audit Office was of the belief that the total remuneration he was paid exceeds the ...

ASIC's Chester spills Crennan truth

ANNABELLE DICKSON | WEDNESDAY, 28 OCT 2020

... concerning the rental allowance being paid to him, despite it being flagged last year. While being questioned at the Senate Estimates, Chester said the wording in Crennan's statement was "very carefully drafted". "It says that is when he was told of ...

Chief economist update: The recession is over

BENJAMIN ONG | WEDNESDAY, 28 OCT 2020

... Australian recession is over! This was what Reserve Bank of Australia deputy governor Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded positive ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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