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Showing 51 - 60 of 1184 results for "Labor"

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... creation that helps its clients meet their investing needs." News of the settlement came just hours after the US Department of Labor allowed US-based retirement plans to consider climate change and other ESG factors in their investment processes. The ...

Small wins for some pensioners

CASSANDRA BALDINI  |  WEDNESDAY, 26 OCT 2022
The Labor government has delivered small wins to pensioners in its Budget, but not all will reap the benefits. Treasurer Jim Chalmers has increased pensioners' earnings amount, with the temporary income bank top up to increase from $7800 to $11,800 ...

Chalmers delivers on childcare

CHLOE WALKER  |  WEDNESDAY, 26 OCT 2022
Federal Treasurer Jim Chalmers has promised to improve early education and childcare affordability for more than 1.2 million eligible Australian families. Labor's "game-changing" investment for families will increase the paid hours worked by women ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... Chalmers said: "Borrowing costs are the fastest growing budget pressure, rising at more than 14% a year over a decade." The Labor government's 2022/23 Budget forecasts an underlying cash deficit to the tune of $36.9 billion in 2022/23, $44 billion ...

Government scraps legacy tax, super measures

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... and superannuation changes that were announced by the previous government but never legislated have been scrapped by the Labor government. To provide certainty to industry and those that would have been impacted by the measures, the government has reviewed ...

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... digital assets as the reason why Australia has fallen behind on consumer protection and investment promotion. He added that Labor and minister for financial services Stephen Jones had failed Australian consumers by not already releasing a draft bill. ...

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
The government has advanced its commitment to establish a Compensation Scheme of Last Resort (CSLR), releasing for consultation exposure draft regulations. The CSLR will facilitate the payment of compensation of up to $150,000 to eligible consumers ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
... Your Future, Your Super regime also commenced today. "There was a lot of things within that package of legislation that Labor supported, but there was also a lot in there that was more driven by ideology than good sense. A bunch of that we got knocked ...

Super fund disclosure rules finalised

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
... the criteria for these funds was to be invited to attend the summit, and how many of these funds donate to the Australian Labor Party and or make payments to unions.

Calls to pay super on parental leave grow

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... a clear message that caring work is undervalued," Blakey added. Prior to the federal election in May it was revealed the Labor Party had dropped its plans to pay super on paid parental leave, having taken that pledge to the 2019 election. Labor has since ...