Josh Frydenberg

Policy & Regulation

Hume and remaining ASIC commissioners were in the dark on Shipton

The four Australian Securities and Investments Commission commissioners were left in the dark on the expenses issues surrounding the regulator’s chairman, James Shipton, ...

Policy & Regulation

ANAO, not ASIC, told Frydenberg about Shipton's expenses

The tax expenses issue which has seen Australian Securities and Investments Commission chairman, James Shipton, stand aside was notified to the Government by the Australi...

Financial planning

Construction stimulus 'doesn't make sense': Grattan

The Government should do more to create jobs in services sector rather than just the construction sector to help the thousands of unemployed Australians....

Superannuation

Members ‘unlikely’ to remain in poorly-performing super funds: Grattan

While there is a possible danger of members remaining in poorly-performing super funds, this is the better option than them accumulating multiple accounts. ...

Superannuation

Superannuation funds to face competitive test

Superannuation funds will have to pass an objective performance test to be able to take on new members under new arrangements announced in tonight’s Budget....

Financial planning

Stage Two tax cuts brought forward

As expected, the Government has moved to bring forward by two years its promised Stage Two Income Tax cuts....

Superannuation

Budget extends ATO spotlight on tax and super crimes

The Australian Taxation Office has been funded to extend its targeting of serious and organised crime in tax and superannuation for another two years....

Financial planning

Financial services players give Budget mixed welcome

The Financial Services Council has welcomed the Government’s Budget changes to superannuation while others are seeking more detail....

Financial planning

Govt extends continuous disclosure provisions

The Federal Government will be extending temporary continuous disclosure provisions for companies and officers for a further six months....

Financial planning

Australians should not bow to US lobbyists against class action

Caving to the demands of the US Chamber of Commerce to restrict Australian class action funding may deprive regular Australians of access to justice, according to Class A...

Superannuation

Federal Government’s action will double early release drawdowns

Superannuation fund industry representatives are expressing concern as funds face outflows of more than $60 billion as a result of the Government’s three-month extension ...

Financial planning

Aussies fearful of costs in uncertain environment

Some 40% of Australians say they are living paycheque to paycheque in this uncertain environment, according to Finder, as Treasurer Josh Frydenberg announces Australia’s ...

Policy & Regulation

New regulations around class actions ‘bizarre’

New regulations, which bizarrely define class actions as ‘managed investment schemes,’ could stymie the compensation payouts of millions of Australians who have been robb...

Superannuation

Early super access extended to 31 December

The Government has extended its hardship early access superannuation scheme to 31 December....

Superannuation

APRA delivers super funds a tick on investment in tough times

Superannuation funds have received a boost from the Australian Prudential Regulation Authority for continuing to deliver support to corporate capital raisings at the same...