ASFA Action 20 November 2024
Issue 973 | Consultations: unfair trading practices, beneficial ownership | Australia/Cook Islands portability | death benefit claim handling | ASIC enforcement priorities | and more
Issue 973 | Consultations: unfair trading practices, beneficial ownership | Australia/Cook Islands portability | death benefit claim handling | ASIC enforcement priorities | and more
Issue 972 | Sustainability reporting consultation | Bills update: scams prevention, privacy | RSE auditor regulations | ASIC industry funding model
Issue 971 | Sustainable finance taxonomy consultation | Financial Accountability Regime | Bills update | transfer balance arrangements: capped DB income streams | Covid-19 report
Issue 970 | Operational risk financial requirement: prudential guidance | DBFO reforms: legislative instrument
Issue 969 | Applications for relief and no-action letters: ASIC consultation | fund-level expenditure | operational risk financial requirement standard | material service provider register template
Issue 968 | Cyber security, critical infrastructure Bills introduced, referred to Committee | Bills update | parliamentary sitting calendar 2025 | successor fund/intra-fund transfer guidance
Issue 967 | AFCA Approach to super death benefits: consultation | climate related financial disclosure: Australian sustainability standards | advice fee arrangements | derivatives reporting
Issue 966 | Misc amendments consultation | death benefit payments: ASFA guidance note| record-keeping, breach reporting | deductibility of advice fees
Issue 965 | Consultations: legacy products, AML/CTF & privacy Bills, ID, wealth management companies | Bills update | super mortgage offsets | payday super | super product performance | and more
Issue 964 | Family law super splitting | scams prevention | tax system inquiry | Bills update | super forecasts | DBFO regulations | design & distribution obligations | genetic testing | and more
Acknowledgement of Country
We want to respectfully acknowledge the Traditional Owners and Custodians of these lands, seas, and waters throughout Australia. We pay our respects to Elders both past and present. We acknowledge the history, the resilience and the continual contributions of Aboriginal and Torres Strait Islander peoples of their Country.
Acknowledgement of Country
We want to respectfully acknowledge the Traditional Owners and Custodians of these lands, seas, and waters throughout Australia. We pay our respects to Elders both past and present. We acknowledge the history, the resilience and the continual contributions of Aboriginal and Torres Strait Islander peoples of their Country.
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Assistant Treasurer and Minister for Financial Services
Born in Brindisi, Italy, Daniel was a young child when he moved with his family to Australia. He grew up in Canberra and completed his first degrees – arts and law – at the ANU. He then completed a Master of Economics (University of Sydney) and a PhD in economics from Yale.
He lectured at Monash University, was an economic adviser in the Gillard government and was a Victorian MP from 2014 to 2018. As Parliamentary Secretary to the Treasurer of Victoria, Daniel helped deliver major infrastructure projects and developed innovative financing structures for community projects.
In 2018 he was preselected for the new federal seat of Fraser and became its first MP at the 2019 election, re-elected in 2022 and 2025. From 2022 to 2025, Daniel was chair of the House of Representatives’ Standing Economics Committee in which he chaired inquiries; economic dynamism, competition and business formation and insurers’ responses to 2022 major floods claims.
In 2025, he became the Assistant Treasurer and Minister for Financial Services.
In August 2022, Daniel published ‘Safety Net: The Future of Welfare in Australia’, which aims to explore the ways in which an insurance approach can improve the effectiveness of government service delivery.