Scott Morrison

Policy & Regulation

Government releases staples structure integrity rules

The Federal Government has released draft legislation dealing with additional integrity rules that will apply to stapled entities, giving effect to its policy announced i...

Policy & Regulation

Battlers will suffer, says Morrison

Federal Treasurer, Scott Morrison has claimed it is retiree battlers who will suffer most under the Federal Opposition’s proposed changes to dividend imputation....

Policy & Regulation

Treasurer points to knowledge of CBA exits

The Federal Treasurer, Scott Morrison has indicated he has knowledge of executive departures from the Commonwealth Bank in the wake of recent scandals....

Superannuation

Morrison attacks union default funds

Federal Treasurer, Scott Morrison has attacked industry default funds as being little more than a fire hose of members’ money for which the funds themselves do not even h...

Policy & Regulation

ASIC exhorted to become ‘active cop’

The Federal Treasurer, Scott Morrison has exhorted the Australian Securities and Investments Commission to utilise the additional powers and resources it has been handed ...

Policy & Regulation

Morrison expects full imposition of BEAR

The Federal Treasurer, Scott Morrison has warned the major banks against using board seats as a retirement sinecure, pointing to the Government’s willingness to fully exe...

Policy & Regulation

Super Guarantee off the Budget agenda

The Federal Treasurer, Scott Morrison has sent a clear signal that the Government won’t be tinkering with the superannuation guarantee in next week’s Budget....

Policy & Regulation

ASIC and APRA accountability up to Royal Commissioner

The Federal Treasurer, Scott Morrison has said that it is a matter for the Royal Commission whether the Australian Securities and Investments Commission and the Australia...

Policy & Regulation

Government boosts penalties for misconduct

The Turnbull Government will strengthen criminal and civil penalties for corporate and financial misdeeds, following revelations of staggering misconduct in this week’s R...

Financial planning

Morrison references jail option for Royal Commission miscreants

The Federal Treasurer, Scott Morrison has raised the prospect of jail time for miscreant financial services executives exposed at the Royal Commission into Misconduct in ...

Tech

Australian and UK Govs sign up for FinTech Bridge

Australian Treasurer, Scott Morrison and UK Chancellor of the Exchequer, Philip Hammond signed the UK-Australian FinTech Bridge last week, to the approval of fintech firm...

Policy & Regulation

Treasurer claims Labor policy back-flip

The Federal Treasurer, Scott Morrison has claimed the Federal Opposition has back-flipped on its 1998 position on dividend imputation....

Policy & Regulation

Morrison cites power of BEAR on Commbank CEO appointment

The Federal Treasurer, Scott Morrison, has cited the impending passage of the Bank Executive Accountability Regime when discussing the appointment of a new Commonwealth B...

Policy & Regulation

Life insurers in Royal Commission’s sights

Money Management has confirmed that a number of the major life insurers received letters for the Royal Commission into alleged misconduct in Australia’s banking superannu...

Financial planning

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, according to Federal Treasurer Scott Morrison....