Media releases
2003
Scare Tactics Used to Cash-In on Financial Service Licences
Some lawyers and consultants were using scare tactics and charging companies
exorbitant fees to complete financial services licence applications ahead
of next year's March 11 de
Government Welcomes Insurance Contracts Issues Paper
The Parliamentary Secretary to the Treasurer, Senator Ian Campbell, today
welcomed the release of an issues paper linked to the current review
of the Insurance Contracts Act 198
Government Boosts Funding for Financial Reporting Council
The Federal Government has injected an additional $2 million into the
Financial Reporting Council in the lead-up to the adoption of international
accounting standards in 2005.
Review of the Insurance Contracts Act
This Media Release was released jointly with Senator the Hon. Helen
Coonan, Minister for Revenue and Assistant Treasurer.
Productivity Commission to Review Rules of Origin Arrangements Under Australia-New Zealand Closer Economic Relations Trade Agreement
The Parliamentary Secretary to the Treasurer, Senator Ian Campbell, today
asked the Productivity Commission to provide advice on whether there were any
existing economic or administrative pr
Takeovers Panel Appointments
The Parliamentary Secretary to the Treasurer, Senator Ian Campbell, today
announced the appointment of two new members to the Takeovers Panel.
Single Asia-Pacific Finance Market A Priority
The formation of a single Asia Pacific finance market was one of the next major
steps in globalisation of financial service, the Parliamentary Secretary to
the Treasurer, Senator Ian Campbell
Clerp 9 Will Enhance Independence Of Investment Research
The Federal Government today welcomed the release of a report by the
Australian Securities and Investments Commission into the independence
of research analysts in the investmen
The Senate Delays Yet Another Key Government Bill
The Senate today held up debate on yet more Government legislation by
referring the Medicare and Private Health Insurance Bill to a committee
which is not due to report for more
Asic to Report on Take-Up of New Superannuation Fees Model
The Parliamentary Secretary to the Treasurer, Senator Ian Campbell, said
today he would ask the Australian Securities and Investment Commission
to monitor adoption of the new mo
Government Supports New Fees Disclosure Model
The Parliamentary Secretary to the Treasurer, Senator Ian Campbell, today
welcomed the release of a good practice model for fees disclosure of
investment products.
ACCC Public Liability & Professional Indemnity Insurance Monitoring Report
This Media Release was released jointly with Senator the Hon. Helen Coonan,
Minister for Revenue and Assistant Treasurer.
Commonwealth, States and Territories Agree on Property Investment Hustlers
The Commonwealth, States and Territories agreed today to set up a working
party to establish a common regulatory framework to deal with high pressure
property investment marketers.
Commonwealth to Tackle Debt Problem for Young People
The Federal Government will lead the States in finding ways to stem the rising
rate of debt incurred by teenagers, said to be running as high as $25,000 for
some.
Government Urges States to Agree to National Clamp on Property Hustlers
The Federal Government tomorrow will urge the States to develop a nationally
consistent approach to deal with property investment marketing hustlers.
Free Trade Agreement Springboard to Asia-Pacific Finance Market
A free trade agreement with the United States would be a springboard
for the creation of a single Asia-Pacific rim finance zone with almost
70 per cent of global market capitali
Expert Group to Review E-Commerce Best Practice Model
The Parliamentary Secretary to the Treasurer, Senator Ian Campbell, today
announced a review of the Federal Government’s approach to consumer protection
in e-commerce to ensure it remained a
Australia Joins OECD to Protect Consumers Against International Scams
Australia has joined forces with OECD countries to protect consumers against
the growing problem of cross-border fraud and other scams, particularly on the
internet.
Newcastle Stock Exchange Gains Foreign Investment Fund Listing Approval
The Federal Government has added the Newcastle Stock Exchange (NSX) to the
list of approved stock exchanges for the purposes of the Foreign Investment
Fund (FIF) regime, the Minister for
Financial Services Reform Amendment Bill
The Parliamentary Secretary to the Treasurer, Senator Ian Campbell, today released
a list of proposed legislative changes designed to clarify aspects of new arrangements
introduced by the Fin