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Showing 1 - 7 of 7 results for "Labor Senators"

Labor won't support YFYS Bill in current form

KANIKA SOOD  |  FRIDAY, 30 APR 2021
... Financial Interest Duty's administrative burden, and stapling-induced administrative burden for employers. "Labor Senators cannot recommend passage of the bill in its current form. We encourage the government to reconsider the issues raised by stakeholders ...

Labor opposes super trustee governance bill

DARREN SNYDER  |  TUESDAY, 10 NOV 2015
Labor senators Sam Dastyari and Chris Ketter have dissented from a report recommending the bill on superannuation trustee governance be passed in the Senate today. The dissenting senators believe the bill "blindly conflates and confuses trustee governance ...

FoFA disallowance could put industry into breach of law

LAURA MILLAN  |  WEDNESDAY, 19 NOV 2014
... that could put the industry immediately into breach of law. The motion is supported by a Senate majority of 25 Labor Senators, 10 Greens Senators, independent Senator Nick Xenophon, Palmer United Party (PUP) Senator Jacqui Lambie and Australian Motoring ...

Opposition wants to postpone vote on FoFA bill

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
... Future of Financial Advice (FoFA) legislation until the Financial System Inquiry (FSI) releases its conclusions. "Labor Senators urge the government to withdraw these amendments and work to bridge the widening chasm between the two sides," Labor Senator ...

FoFA changes designed to protect big players: opposition

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
... reforms." The government's "flawed approach will only be met by hostility in the parliament and in the community," Labor senators in the Committee said. The Greens asked for more time to consider the effects of the FoFA law as, they argued, it was implemented ...

Coonan responds to Labor super initiatives

... safety and accountability in his policy release last week, Senator Coonan said she expected the full support of Labor senators. The government would also rely on competition to place downward pressure on fees, and which would also encourage investors ...

Senate Super Committee calls for rewrite of government portability regulations

... of the government in a range of technical areas. Labor will move to disallow the regulations." He also said that Labor senators' additional comments in the report called for automatic consolidation or rollover of inactive account into a member's last ...
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