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Showing 11 - 20 of 4104 results for "Commonwealth"

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... services... For non-pensioners, there may be an opportunity for additional differential means testing arrangements based on Commonwealth Seniors Health Card status." In making these recommendations, the taskforce rejected the concept of a specific tax ...

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

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... management industry has overwhelmingly welcomed the federal government's commitment to pay superannuation on the Commonwealth Paid Parental Leave scheme. The Albanese government has said, if it wins the next election, it will add superannuation contributions ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
If it wins the next election, the Albanese government has announced the Commonwealth Paid Parental Leave (PPL) scheme will include Superannuation Guarantee contributions from next year. In a major win for the super industry and Australian women, 12% ...

DomaCom chief executive John Elkovich steps down

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... tenure as a non-executive director at DomaCom since April 2023, James brings experience from senior positions at Commonwealth Bank of Australia, as head of adviser distribution and investor sales, as well as roles at National Australia Bank, Westpac ...

Former Blockchain Global director confined to Australia

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... investigation into a potential violation of the Corporations Act, potentially resulting in evidence being submitted to the Commonwealth Director of Public Prosecutions. In particular, the regulator reported that during March 2018, Guo facilitated a withdrawal ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... lapse. Any Dixon Advisory clients who have not brought a claim by that point may not be able to participate in the Commonwealth Government-operated CSLR. "The CSLR is designed to pay out compensation awarded by AFCA where the financial firm in question ...

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

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
... he said. "For some people, Australia is a haven for white collar criminals." Bragg highlighted that data from the Commonwealth Director of Public Prosecutions showed a dramatic decline in the rate of prosecutions initiated from ASIC referrals, dropping ...

Mergers a boon for super member growth

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... funds that experienced the worst nominal net member growth were AMP, Insignia Financial, Colonial First State (CFS), Commonwealth Bank Officers Super, and TWUSUPER. CFS lost 29,426 members and saw total membership dip 3.5% year on year; it finished up ...

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
Commonwealth Bank was fined $10.3 million by the Federal Court for its involvement in wage theft which led to $16 million in underpayments to over 7400 workers. The case emerged after the Finance Sector Union (FSU) uncovered the bank's systematic ...

AMP chair steps down

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... following shock revelations at the hearing. Hazelton is the former chief executive of Mizuho Bank in Australia and Commonwealth Bank in Japan. She is currently a non-executive director for the Treasury Corporation of Victoria, Persol Australia Holdings ...