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Showing 1 - 10 of 411 results for "Coalition"

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
Super Members Council (SMC) has slammed the Coalition's plan for young Australians to use their super for a house deposit, saying new modelling shows it could cost taxpayers a cumulative $1 trillion. SMC said even a policy which capped super withdrawals ...

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
... assumption that super is the only vehicle for retirement clearly damages home ownership prospects," he said. "That is why the Coalition supports super for housing." The SMC criticised this policy proposal to broadly extend the use of super for housing ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... really going to be done via the Age Pension, rent assistance and other supports," the Grattan Institute argued. The Coalition also criticised the Bill as "not urgent, non-binding, and a distraction" from the pressing cost of living issues that Australians ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... Michael Sukkar to allow Australians to access their superannuation to buy their first home. The Shadow Minister said the Coalition was determined to help younger Australians achieve home ownership by allowing first homebuyers to access up to $50,000 ...

Coalition appoints shadow assistant treasurer, financial services minister

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... minister for the National Disability Insurance Scheme. Dutton said the appointments are "excellent additions to the Coalition's stable and united team. I can assure all Australians that the Coalition under my leadership will continue focussing on the ...

Super tax is a 'wealth tax': Taylor

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... "Self-managed super was a key component of the original practice legislated in 1993, and it will remain critical under a future coalition government and to support choice individual flexibility and simplicity of regulation for Australians who choose ...

Treasury outlines plans to boost employment

CASSANDRA BALDINI  |  TUESDAY, 26 SEP 2023
... education sector to scope out the needs of different parties. A plan to collaborate with Indigenous representative body the Coalition of Peaks and other First Nations stakeholders to scope an economic partnership is also in the works in a bid to tackle ...

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... industry. "The PwC scandal exposed severe shortcomings in our regulatory frameworks that were largely ignored by the Coalition, and we continue to take significant steps to clean up the mess," he said. "Our crackdown on misconduct in the industry will ...

Asset managers ride the storm: Research

CHLOE WALKER  |  WEDNESDAY, 28 JUN 2023
... hasn't deterred asset managers from their future plans, according to a recent global study. The study, conducted by Coalition Greenwich in partnership with Northern Trust, interviewed 151 senior asset management professionals across the globe between ...

Super funds are lousy at communications: Strategist

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... planning for a better future. "They save, they're highly organised, they're pro free-trade and tend to vote Coalition," Ralph said. "In terms of super, they aspire to have a self-managed super fund..." At 6% of the population, Anti-Establishment ...
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