Stephen Jones 2022

The Albanese Government is directing the Treasury to undertake a comprehensive review of the Compensation Scheme of Last Resort (CSLR) to ensure victims of financial misconduct have a sustainable avenue for redress.

This is all about ensuring the scheme remains sustainable into the future for consumers and for the industry.

Ali Moore:

Stephen Jones, welcome back to Drive.

Stephen Jones:

Ali, good to be with you.

Moore:

So, why now? Was there an epiphany over summer?

Jones:

Listen, I’d been thinking for a few months now, whether I wanted to run again, you reach an age and –

Patricia Karvelas:

Stephen Jones:

After 15 years and 5 elections, I am announcing that I won’t be standing for re‑election as the member for Whitlam.

I want to express my immense gratitude to my community for the faith and trust they have placed in me to be their representative since 2010.

Stephen Jones:

The Albanese Government is taking action to raise the bar for member service in superannuation by introducing mandatory and enforceable service standards for all large APRA‑regulated superannuation funds.

These reforms are all about strengthening the superannuation system by improving member outcomes.

Adam Steer:

The Albanese Government is streamlining Australia’s financial reporting bodies to help build a more competitive, dynamic and productive economy.

Today we are releasing a consultation paper to gather insights and feedback on how we can restructure our financial reporting architecture to make it more efficient, effective and fit for purpose.

The Albanese Government is calling on Australians to STOP CHECK PROTECT and stay alert to ticket scams as we approach the Australian Open finals.

The finals are some of the most anticipated moments in the global sporting calendar and attract huge demand for tickets. Scammers take advantage of major events like this, and we expect to see a rise in fake ticket scams.