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Showing 1 - 10 of 12 results for "Senate hearing"

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
Fronting a Senate hearing today, Cbus chief executive Kristian Fok said the fund's board is still considering whether it will appoint the replacement directors nominated by the CFMEU back in September. In September, the CFMEU administrator re-nominated ...

I know it's hard, but it could be harder: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
Appearing at a Senate hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe said people have forgotten how corrosive inflation is. The governor explained the RBA has one priority and that is to bring inflation down. "Inflation at the moment ...

Future Fund to hire 70 for investment team

KANIKA SOOD  |  THURSDAY, 27 MAY 2021
The sovereign wealth fund is looking to add 70 people to its investment team, with the specific skill sets of identifying good external managers. Appearing at senate hearings yesterday Future Fund chief executive Raphael Arndt and chief investment officer ...

ASIC's Chester spills Crennan truth

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
... deputy chair Karen Chester brought to light discrepancies in Daniel Crennan's resignation statement in front of a senate hearing, clarifying the dates that he found out about the issues that led to his resignation. Former deputy chair Crennan said in ...

Raiz Super bleeds red

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
... comes as superannuation consolidation tool SuperMatch is suspended by the ATO and APRA over fresh fraud fears. In a Senate hearing last week on COVID-19, APRA deputy chair Helen Rowell confirmed that the regulator had identified scammers trying to use ...

Labor questions APRA independence

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
... quantitative measure of those benefits." Industry Super Australia chief executive David Whiteley also addressed the Senate hearing and said the governance bill is intended to build diversity on boards, "but will do the opposite." "Currently industry ...

Big end of town to face Senate over bad advice

LAURA MILLAN  |  FRIDAY, 17 APR 2015
Australia's top bankers will have to explain what went wrong in their advice divisions at a public Senate hearing in Canberra on Tuesday. Chaired by Labor Senator Sam Dastyari, the Senate Economics Committee will interrogate Macquarie Group chief executive ...

ME Bank makes key appointment from GE Capital

STAFF WRITER  |  TUESDAY, 29 JUL 2014
ME Bank has appointed a former GE Capital risk expert to the position of chief risk officer. Carlo Cataldo spent 13 years with GE Capital, six as the consumer chief risk officer, and will now be tasked with capitalising on the comprehensive credit reporting ...

Intra-fund advice is also a commission: FSC

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
... $2.8 billion over the next 14 years. However, Treasury representatives questioned the findings during yesterday's Senate hearing. "It is hard to compare the analysis without a clear understanding of the assumptions," Treasury general manager of the financial ...

FPA and AFA unite: stop commissions on general advice

LAURA MILLAN  |  THURSDAY, 22 MAY 2014
... advice bodies have asked for a complete removal of commissions on general advice during their appearance at the Senate hearing about the Future of Financial Advice (FoFA). The Association of Financial Advisers (AFA) and the Financial Planning Association ...
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