senate

Policy & Regulation

Lowe responds to 'unfair' governorship criticism

'It's not just me', RBA governor, Phil Lowe, has said in response to criticism of the central bank's monetary policy tightening strategy., ...

Policy & Regulation

APRA’s climate modelling draws flak in Senate estimates

In a tense exchange with APRA representatives, Senator Matt Canavan questioned if the regulator’s climate vulnerability assessments were ‘a complete waste of money’. ...

Policy & Regulation

APRA’s climate modelling draws flak in Senate estimates

In a tense exchange with APRA representatives, Senator Matt Canavan questioned if the regulator’s climate vulnerability assessments were ‘a complete waste of money’. ...

Financial planning

Higher interest rates still 'needed' despite inflation peak: RBA

Appearing before the Senate select committee, the Reserve Bank of Australia has held fast to its monetary policy tightening strategy despite conceding inflation has passe...

Policy & Regulation

Jones supports Senate ASIC inquiry

Assistant Treasurer and minister for financial services, Stephen Jones, has welcomed the Senate inquiry into ASIC investigation and enforcement....

Policy & Regulation

Terms of reference announced for ASIC inquiry

The Senate Economics References committee has published the terms of reference for its inquiry into ASIC enforcement and welcomed submissions....

Funds management

ASIC acted with ‘lack of concern’ towards Sterling: Senate

The final report into Sterling Income Trust has concluded the regulator displayed a “lack of concern” and its failure to take proactive action mean it is unlikely regulat...

Superannuation

YFYS bill passes in Senate

The Your Future, Your Super bill has now been passed in the Senate and will come into force on 1 July, 2021. ...

Financial planning

The lonely Senate voice backing advisers on annual renewals

It took a Government Senator with a significant policy background in financial advice to speak sense on the folly of implementing annual opt-ins just because the Royal Co...

Policy & Regulation

First real estate agents, now a Liberal Senator

NSW Liberal Senator and former Financial Services Council policy executive, Andrew Bragg has denied a letter he wrote to constituents on early release superannuation is t...

Financial planning

FPA urges tax-deductibility for ‘registered’ planners

The Financial Planning Association has urged the Government to make financial advice tax-deductible if it is provided by ‘registered financial planners’....

Superannuation

Put members’ interests over politics: ISA

Industry Super Australia has called on politicians to put super fund members’ interests above politics in Parliament this week and debate and pass proposed laws to improv...

Policy & Regulation

Super legislation stranded as Parliament rises

Some of the Government’s most important superannuation policy legislation has remained stranded on the notice paper with Parliament rising until February and an election ...

Superannuation

Senate reforms don’t do enough for unpaid super

Industry Super Australia has welcomed the passage superannuation reforms through the Senate this week, but warned that they don’t go far enough to remedy the problem of u...

Superannuation

Budget super reforms to go before Senate

The Federal Senate will this week consider the controversial amendment to the Superannuation Industry (Supervision) Act first proposed by the then-Treasurer Scott Morriso...