Search ResultsShowing 91 - 100 of 100+ results for "Bill Shorten"
Shorten defends low-income super contribution
MELANIE TIMBRELL  |  FRIDAY, 14 SEP 2012
... super tax system may be called on to fund recent health and education projects, Minister for Financial Services Bill Shorten has declared the rebate for low-income earners safe. The Labor scheme, announced in 2010 cuts contributions tax to zero for workers ...
Treasury seeks to boost APRA powers
MELANIE TIMBRELL  |  THURSDAY, 13 SEP 2012
... prove insufficient to enable it to intervene effectively in the event of a crisis. Minister for Financial Services Bill Shorten said that four years after the collapse of Lehman Brothers, the consultation paper formed "part of an ongoing review process ...
Asset Super and CareSuper merger set for October
MELANIE TIMBRELL  |  MONDAY, 3 SEP 2012
... subsequent barrier to the swift completion of the amalgamation. Minister for Financial Services and Superannuation Bill Shorten announced earlier this year that the Government would extend optimal loss relief for mergers of complying superannuation funds ...
Passing of IMR bill to attract foreign investors: Shorten
BEN COLLINS  |  FRIDAY, 24 AUG 2012
... benefit from a tax law amendment, which removes uncertainty that had been a barrier to overseas investment, said Bill Shorten, minister for financial services and superannuation. Amendments to the Investment Manager Regime were passed in Parliament yesterday ...
Shorten reins in employer involvement in default super
MELANIE TIMBRELL  |  THURSDAY, 23 AUG 2012
Minister for Financial Services Bill Shorten has been accused of 'gazumping' the Productivity Commission inquiry into default super by moving to head off options that would give employers more choice in fund selection. The Minister yesterday pointed ...
Super governance Bill passes amid cries of favouritism
BEN COLLINS, MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
... including acting in member best interests and giving APRA power to make prudential standards for superannuation. Bill Shorten, minister for financial services and superannuation has accused the Coalition of being all talk and no walk when it comes to ...
CGT relief for super funds backdated
LINDA HAUSKEN  |  MONDAY, 6 AUG 2012
Financial Services and Superannuation Minister, Bill Shorten, has released exposure draft legislation on income tax relief for merging superannuation funds for public comment. The draft legislation takes into account several of the issues raised by ...
No roadblocks to success: Cormann
BEN COLLINS  |  FRIDAY, 3 AUG 2012
... expense of the industry. He was speaking on the back of the current Minister for Financial Services and Superannuation Bill Shorten's address to the Financial Services Council conference the previous day, who he challenged to look into some of the more ...
Vision for the future
LINDA HAUSKEN  |  THURSDAY, 2 AUG 2012
Financial services minister Bill Shorten said that by 2017, the industry will be unrecognisable, predicting the age of commission-free super and greater convergence of retail and industry super funds. The minister said that within five years, the transition ...
Govt targets early release schemes; defers SMSF transfer ban
MELANIE TIMBRELL  |  MONDAY, 16 JUL 2012
... schemes will face tough penalties as part of the Government's Stronger Super reforms. Minister for superannuation, Bill Shorten, announced the crack down targeting schemes promoted as a means of accessing their superannuation prior to being eligible ...
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