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Showing 1 - 10 of 105 results for "Senate Economics Committee"

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... nearly $75,000 across Australia's five largest capital cities. The analysis from SMC comes as the Senate economics committee prepares for a hearing into consumer experiences and choices in the retirement system, which will examine the Coalition's ...

ASIC forced to pay James Mawhinney's legal costs

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2023
... chair Karen Chester and Bronte Capital founder John Hempton. Mawhinney has previously called on the Senate Economics Committee to investigate ASIC's handling of the matter. He is also currently suing ASIC and its other deputy chair Sarah Court for defamation ...

Mayfair 101 calls for senate inquiry into ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 2 AUG 2023
... Mayfair is Mr Hempton's "spidey-sense" email he sent Karen Chester." Mawhinney is calling for the Senate Economics Committee to investigate ASIC's handling of Mayfair, adding that it should include disclosing all communications between Hempton ...

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
During a Senate Economics Committee session yesterday, it was revealed that APRA is investigating the financial relationships between superannuation funds and unions. APRA deputy chair Margaret Cole confirmed the regulator's ongoing scrutiny into certain ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... in April, lower than 6.9% recorded in March," she said. Although RBA governor Phillip Lowe told the Senate economics committee yesterday that the central bank is confident inflation will come back to around 3% by mid-2025, he attributed the predicted ...

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... Reserve Bank of Australia (RBA) governor Philip Lowe says so far, the strategy is working. Lowe told the Senate economics committee this morning that the central bank is confident inflation will come back to around 3% by mid-2025. "By June next year ...

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... that will impact franking credits for distributions funded by capital raisings. In a submission to the Senate Economics Committee, due to report on May 26, the SMSF Association said that amendments in Schedule 5 to the Bill - Treasury Laws Amendment ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
A Senate Economics Committee inquiry will scrutinise the government's proposed changes to franking credits, which target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced ...

APRA questioned on fund liquidity

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
The prudential regulator has been questioned over super fund liquidity concerns by the Senate Economics Committee. Senator Andrew Bragg issued a letter to APRA putting the regulator on notice to answer a number of questions related to super funds. "I ...

Members better off with equal representation: AIST

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
... to the Superannuation Laws Amendment (Strengthening Trustee Arrangements) Bill 2017 sitting before a Senate economics committee, AIST said there is no evidence that the current system is failing members or that the proposed model would improve member ...
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