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Showing 11 - 20 of 81 results for "MPS"

Trillion dollar stimulus debt debated

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
... legislation." It was a sparse House of Representatives that met for the first time in 16 days as social distancing was observed by MPs, leaving 1.5 metres space between each of them on the benches. Albanese is adamant that Parliament should continue ...

Opt-out super to hit workers: ISA

HARRISON WORLEY  |  TUESDAY, 21 JAN 2020
... to end up paying more tax. Labelling the idea a "tax grab in disguise", ISA said the plans - floated by backbench Coalition MPs last year - would "erode" Australia's "successful" compulsory and universal super system, in addition to hitting them with ...

Chief economist update: Brexit - the news that was

BENJAMIN ONG  |  FRIDAY, 10 JAN 2020
"MPs voted to give third reading to the Withdrawal Agreement Bill (WAB) by 330 to 231 - a majority of 99 - which allows the bill to sail through to the House of Lords where peers will begin line by line scrutiny next week." This the latest news from ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
... with Labor MP Emma McBride taking the opportunity to hit the Coalition over the recent agitations of a number of government MPs toward the super system. The Labor party argued for a carve-out in the bill which would have allowed funds with cohorts of ...

Government extends FASEA deadlines

KARREN VERGARA, JAMIE WILLIAMSON  |  FRIDAY, 30 AUG 2019
... this work and the engagement we have had with the government, along with the work our members have done visiting their local MPs, has been worthwhile. It is clear the government has listened," AFA chief executive Phil Kewin said. "The FASEA process has ...

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
... $50,000 a year, saying compulsory super had "made the unions, banks and insurers richer than ever". A dozen backbench Coalition MPs have called for a freeze in the superannuation guarantee, which is scheduled to rise from 9.5% to 12% by 2025.

Australian equity markets remain clean: ASIC

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
Australia is among the most efficient or "cleanest" equity markets compared with the rest of the world, according to a recent ASIC review. The review by ASIC found Australian equity markets continue to operate with "a high degree of integrity". Measuring ...

All options open for retirement income review

HARRISON WORLEY  |  FRIDAY, 26 JUL 2019
... the less well-off and everything to do with saving the Government money." The AIST boss also criticised "well-paid Coalition MPs" and pointed out their own superannuation contributions stood at 15.4%. Scheerlinck suggested those laying the groundwork ...

Member interests delay recommended

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
The Senate Economics Legislation Committee has recommended MPs waive the Government's member interests superannuation reforms through Parliament, almost untouched. Releasing the report into its inquiry of the Putting Members Interests First Bill (PMIF) ...

SG debate puts super in a spin

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
... ISA deputy chief executive Matthew Linden said. ISA's comments come after The Australian reported up to seven Liberal MPs were urging the Government to stop the SG increase dead in its tracks, or consider winding it back for low-income workers. According ...