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Showing 1 - 10 of 1188 results for "Labor"

CalSTRS appoints chief investment officer

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
The California State Teachers' Retirement System (CalSTRS) has named a chief investment officer to succeed Christopher Ailman, who announced his retirement in January after a long tenure. Scott Chan, who's served as deputy chief investment officer since ...

Budget 2024: Government heeds industry calls to better support women

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... financial support indexed annually, and paying superannuation on government paid parental leave. He reinforced that, if Labor wins the next election the Commonwealth Paid Parental Leave (PPL) scheme will include Superannuation Guarantee contributions ...

The unintended consequences of the four-day work week

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... term, it could also result in more intense workdays and heightened stress levels that potentially cause burnout. Last year, Labor and Greens backed a recommendation by the Senate work and care committee to trial a four-day work week at full pay. In 2022 ...

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
... Committee suggested either increasing the cap to $100,000 or $150,000, or removing the cap altogether. "Rampant inflation under Labor means that the Committee has had to re-examine previously proposed thresholds and caps, to ensure the policy can be ...

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
... of the Greens in the senate and spokesperson on women, it's outrageous to make women wait until after the next election. "Labor still haven't come up with a good reason for making women wait until 2025," she argued. "They've been dragging their feet ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... takes us to an election year, and we already know that past Liberal governments have not supported the move and that this Labor government has already benched the proposal once before."

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... superannuation contributions will be made by the government alongside parental leave payments, effective 1 July 2025. That is, if Labor is successful at the next federal election, expected to take place in May next year. The measure is expected to benefit ...

Coalition appoints shadow assistant treasurer, financial services minister

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... the portfolio. "The key determinant of success in retirement is your home ownership status, not your super balance. Under Labor, the Australian dream is fast becoming the Australian nightmare and we must restore home ownership as achievable for the average ...

Bragg calls for another Financial System Inquiry, critiques ASIC, APRA

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
... straightforward intention, there's a worrying trend where large superannuation entities, purportedly influenced by unions and the Labor Party, misuse funds for non-beneficial purposes such as propaganda campaigns and substantial payments to unions, Bragg ...

Super tax is a 'wealth tax': Taylor

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... this morning, Taylor labelled the tax changes for super balances greater than $3 million as a "wealth tax". Last April, Labor proposed increasing the 15% tax to 30% under Division 296 tax laws, calculating it will affect fewer than 80,000 Australians. ...
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