Federal Treasurer

Grandfathering to end

The Federal Government has committed to a timetable to ending grandfathering and to entertaining life/risk...

13 November

Govt to double employee share scheme limit

The Federal Government is proposing to increase the value limit of products in employee share schemes that can be...

The Minister for Revenue and Financial Services, Kelly O’Dwyer has confirmed the Government’s desire to pursue a comprehensive overhaul of the superannuation system.

12 November

Budget super reforms to go before Senate

The Federal Senate will this week consider the controversial amendment to the Superannuation Industry (Supervision...

Mar 21 2019 - 8:00am

Strategies to fund residential aged care

Costs for residential aged care include accommodation payments and ongoing care fees. In this article we look at...

8 November

Frydenberg rules out SG change

The Federal Treasurer, Josh Frydenberg has made clear the Government will opt for retirement income certainty...

Three of the four major banks are backing the imposition of an annual public reporting regime of the wealth management industry overseen by ASIC.

23 October

Frydenberg urges tougher ASIC approach

The Federal Treasurer has reinforced that he wants the Australian Securities and Investments Commission to take a...

28 September

Institutions “fall far short” in honest treatment of Australians: Treasurer

The interim report and the Royal Commission's hearings clearly show that some financial institutions have...

Feb 22 2019 - 11:45am

Global equities in 2019: earnings downturn or economic recession?

As global earnings estimates continue to deteriorate in 2019, are falls in share prices leading to an economic...

The major banks are facing a compensation bill well over $200 million as the Australian Securities and Investments Commission delves deeper into the “fees for no service” situation.

8 June

Life/Risk

Commonwealth will not pay Royal Commission compensation

The Federal Treasurer, Scott Morrison, has strongly ruled out the possibility of the Commonwealth compensating...

ANZ has appointed a former Commonwealth ombudsman as its first customer fairness adviser with a remit which includes wealth customers.

31 October

BEAR not about bank bashing

The BEAR regime legislation has teeth and is needed to restore the public’s faith in the financial services system...

31 October

Tech

Biggest winners from fintech are customers

Fintech removes institutional, bureaucratic impediments between the customer and the service provider, according...

Feb 11 2019 - 5:15pm

The Next Generation Investment Platform

The evolution of platforms has seen improved efficiencies for advisers, however not all platforms are the same....

26 September

Morrison cites planners on fairness of BEAR

Senior bank executives are being treated little differently to planners under the terms of the Bank Executive...

19 June

Treasurer renews commitment on SMSFs and LRBAs

Federal Treasurer, Scott Morrison has renewed the Government’s commitment not to tinker with the ability of self-...

Federal Treasurer, Scott Morrison has reminded NAB chairman, Ken Henry about his past authorship of tax proposals such as the mining tax and a tax on bank deposits.

17 May

Morrison bounces NAB’s Henry on bank levy

Federal Treasurer, Scott Morrison has reminded NAB chairman, Ken Henry about his past authorship of tax proposals...

Two West Australian planners have backed giving people conditional access to their super for housing and have provided politicians with a plan to achieve it.

8 May

Planners back super access for housing

Two West Australian planners have backed giving people conditional access to their super for housing and have...

Federal Treasurer, Scott Morrison has referenced the frequency with which super lump sums are being used to pay down mortgages as the debate continues around accessing super for housing.

11 April

Morrison brings super lump sums into housing focus

Federal Treasurer, Scott Morrison has referenced the frequency with which super lump sums are being used to pay...

While Australian fintech investments hit a new high in 2016, the global investment rate dropped 47 per cent.

27 February