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Showing 91 - 100 of 139 results for "Labor Government"

Labor pledges five-year freeze on super tax

MARK SMITH  |  THURSDAY, 1 AUG 2013
A re-elected Labor government would make no changes to superannuation for five years and aims to enshrine a policy in law that would make future changes possible only once every five years hence, Treasurer Chris Bowen said. The Treasurer unveiled a ...

Labor promises five-year freeze on super tax

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
... population ages. "The five-year freeze, which commences immediately, means Australians can feel confident that under a Labor Government, the rise to 12% super, increased concessional caps and the tax cut for workers earning up to $37,000 will not be ...

Labor and Libs joust over small business super contributions

JAMES FERNYHOUGH  |  THURSDAY, 11 JUL 2013
... Estate Institute of Australia calling it "a sensible move." The seeming popularity of this policy has prompted the Labor government to talk up its alternative scheme: the Small Business Superannuation Clearing House. The Clearing House uses Medicare ...

New Treasurer Bowen takes control of financial services and super

JAMES FERNYHOUGH  |  MONDAY, 1 JUL 2013
... position. "This continues the progressive downgrading of financial services and superannuation under the current Labor government, with a part-time Financial Services and Superannuation Minister in Bill Shorten over the past year," Cormann said. He took ...

Govt loses, then wins vote on super legislation

MARK SMITH  |  THURSDAY, 16 MAY 2013
... blocked. Senator Cormann said the Opposition amendment was aimed at implementing a recommendation made by the Labor government sponsored Cooper Review. "The Cooper review appropriately concluded that the so called equal representation model, with just ...

Industry groups join forces to mount super campaign

BEN COLLINS  |  THURSDAY, 21 FEB 2013
... chief executive of the SMSF Owners' Alliance. Fairweather also stressed that the warning was not just for the Labor Government, but for any future party in charge of the country's retirement system. "Tax changes to super now may help plug the Budget ...

Stop using super as political pawn: Narev

MARK SMITH  |  THURSDAY, 14 FEB 2013
... existing plans to raise compulsory superannuation contributions from the current 9% to 12%. The comments follow the Labor government's attempts to undermine the coalition's election bid by capitalising on iterations that the opposition would call off ...

Ripoll thanks industry for reforms support

BEN COLLINS  |  TUESDAY, 5 FEB 2013
... Government's Joint Committee on Corporations and Financial Services, also said that he was proud that it was a Labor Government that delivered the reforms, which despite the bipartisan inquiry finding that there were serious issues with the system were ...

Govt to pay interest on lost Super funds

MARK SMITH  |  TUESDAY, 23 OCT 2012
... Cormann has criticised the reforms describing them as a 'cash grab'. "This is another demonstration that this Labor government has no economic strategy and will always put its own political survival ahead of the national interest," he said. Treasury ...

Labor's $30bn secret super tax plan revealed

LINDA HAUSKEN  |  WEDNESDAY, 10 OCT 2012
... Shorten to come clean to Australians that they have to pay $30 billion in increased super taxes to assist the Labor government to pay for its $120 billion budget black hole. Cormann said that instead of standing up for Australians doing the right thing ...