Media releases

2009

Details of Major Overhaul of Margin Lending Announced

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has today released the Rudd Government's new national laws to regulate margin lending under a single, standard, national regime

Government Welcomes ASIC's Leadership Role in Global Report on Unregulated Markets and Products

Senator Nick Sherry, Minister for Superannuation and Corporate Law has today welcomed publication of the International Organisation of Securities Commissions (IOSCO) report

Full-Time Superannuation Complaints Tribunal Chair Appointed

Senator Nick Sherry, Minister for Superannuation and Corporate Law, is pleased to announce the appointment of Ms Jocelyn Furlan as the full-time Chair of the Superannuation Complaints Tribunal (T

Government Releases Termination Benefits Reform Bill

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has today released the Corporations Amendment (Improving Accountability on Termination Payments) Bill 2009, which will

Australia Holds Economic Talks with Indonesia, China and India on Global Recession and Regional Economic Architecture

BALI, INDONESIA – Senator Nick Sherry, Minister for Superannuation and Corporate Law, representing Australia, has held a series of bilateral talks with key regional partners on the impact of the

Appointments to the Takeovers Panel

Senator Nick Sherry, Minister for Superannuation and Corporate Law, is pleased to announce the appointment of five new members and the reappointment of nine members to the Takeovers Panel.

Australia Convenes Dialogue with Pacific Island Treasury and Finance Ministers

Senator Nick Sherry, Minister for Superannuation and Corporate Law and the Hon Bob McMullan, Parliamentary Secretary for International Development Assistance, have today convened a dialogue with

Minister Sherry to Attend Annual General Meeting of the Asian Development Bank

Senator Nick Sherry, Minister for Superannuation and Corporate Law, will attend the 42nd Annual Meeting of the Asian Development Bank (ADB) in Bali, between 2-5 May, 2009.

Minister Sherry Discusses Asia-Pacific Economy with Key Singaporean Cabinet Ministers

SINGAPORE - Senator Nick Sherry, Minister for Superannuation and Corporate Law, today met with Singapore Minister for Finance, Mr Tharman Shanmugaratnam, and Singapore Minister for Law, Mr K.

Re-Appointment of Members to the Superannuation Complaints Tribunal

Senator Nick Sherry, Minister for Superannuation and Corporate Law, is pleased to announce the reappointment of five part-time members to the Superannuation Complaints Tribunal (SCT).

Expansion of the Optional CGT Loss Roll Over for Complying Super Funds that Merge

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has today announced that the optional capital gains tax (CGT) roll-over for capital losses for mergers of complying superannuat

Communiqué of Principles for Superannuation

Senator Nick Sherry, Minister for Superannuation and Corporate Law and a coalition of peak superannuation industry bodies have today released a groundbreaking Communiqué of Principles on t

National Credit Market Slashes Red-Tape for Business

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has today released the draft National Consumer Credit Protection Bill 2009 following a detailed six-month industry co

Australia to Get World-Leading Credit Licensing Regime

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has today released the draft National Consumer Credit Protection Bill 2009, which will deliver on the Rudd Government's

Public Exposure of National Consumer Credit Protection Bill 2009

Senator Nick Sherry, Minister for Superannuation and Corporate Law, today released the Rudd Government's draft national credit laws for public comment.

New National Responsible Lending Laws

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has today released the draft National Consumer Credit Protection Bill 2009 which will put in place new national respo

New Hardship Threshold to Help Home Owners

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has announced that the Rudd Government will make it easier for consumers to request changes to their credit contracts if they

Minister Welcomes James Hardie Decision

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has today welcomed the NSW Supreme Court decision finding that former directors of James Hardie breached their duties by making

Commonwealth to Conduct Audit of Laws Impacting on Directors' Liability

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has today confirmed that the Commonwealth will conduct an audit of its laws that impact on the issue of company director liabil

Action on Organised Criminal Groups, Company Management and National Credit Licensing

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has today negotiated an agreement between the Commonwealth and States and Territories at the Ministerial Council for Corporations