Media releases
2010
Kathleen Farrell Appointed Takeovers Panel President
The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, tonight announced the appointment of Kathleen Farrell as President of the Takeovers Panel from 1 September 201
Reappointment of Merran Kelsall as Chairman of The Auditing and Assurance Standards Board
The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, today announced the reappointment of Ms Merran Kelsall as the Chairman of the Auditing and Assurance Standards
Government Commences the Next Stage in the Development of an Investment Manager Regime
The Gillard Government has today commenced a further stage in the development of an investment manager regime (IMR) by requesting that the Board of Tax consider the design of an IMR as part of its
Board of Taxation Review of Collective Investment Vehicles Tax Regime
The Assistant Treasurer, Senator Nick Sherry, and Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, today announced the Terms of Reference for a
Financial Services Minister to Meet Senior US Administration Officials
The Minister for Financial Services, Superannuation, and Corporate Law, Chris Bowen MP, is in Washington this week where he will meet with senior US Administration Officials and key members of the
Minister Announces ASIC to Take Over Supervision of Australia's Financial Markets From 1 August 2010
The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, today announced that the transfer of supervisory responsibility for Australia's domestic licensed financial ma
Release of Green Paper on Phase Two of the COAG National Credit Reforms
The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, today announced the release of the
Government Releases Cooper Review into Superannuation
The Government welcomes the final report of the review into the governance, efficiency, structure and operation of Australia's Superannuation System (the Cooper Review).
National Consumer Credit Protection Amendment Regulations
The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP has welcomed the release of regulations which make amendments and enhancements to the existing National Consume
Breakthrough Agreement Delivers Long Term Economic Reform and Boost to Superannuation
Today's announcement of a breakthrough agreement between the Gillard Government and the resources industry on tax reform will see an historic boost to national savings and Australian's retirement i
Standard Business Reporting Opens for Business
With the commencement today of Standard Business Reporting (SBR), Australia has moved one step closer to a seamless national economy, the Minister for Finance and Deregulation, Lindsay Tanner MP, a
Self-Funded Retirees to Benefit from an Extension in Drawdown Relief for Account-Based Pensions
The Gillard Government will continue to support self-funded retirees by extending the drawdown relief currently provided for account-based superannuation pensions to the 2010-11 year.
Reportable Employer Superannuation Contributions
The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, has today announced a reform to clarify the scope of the reportable employer superannuation contributions defi
Corporate Reporting Regulations Approved
The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, has welcomed the final approval of Regulations to accompany legislation passed by Parliament last week to redu
New National Consumer Credit Laws Protect Consumers From Predatory Lenders
Stronger standards for banks and financial institutions against unfair lending practices are the key features of historic national reforms to credit launched in Melbourne today.
Government Moves on Unfair Mortgage Exit Fees
The Gillard Government today announced key reforms to help deal with unfair mortgage exit fees.
Parliament Passes Legislation to Cut Red-Tape for Business
The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, has welcomed today's passage of legislation that will reduce the red-tape burden on business and improve Austr
Government Introduces Legislation to Crack Down on Unsolicited Share Offers and Insider Trading
The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, has today introduced legislation to stamp out unsolicited, below-value share offers and to crack down on insid
Ministers Sign Revised Memorandum of Understanding
The Australian and New Zealand Government today signed a revised Memorandum of Understanding (MOU) on the Coordination of Business Law.
National Consumer Credit Protection Amendment Regulations – Referrers and Temporary Employees
The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP today announced minor changes to the National Consumer Credit Law with respect to the exemption of the referral