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Showing 1131 - 1140 of 2024 results for "Legislation"

Coalition secures PUP support on FoFA vote

LAURA MILLAN  |  THURSDAY, 2 OCT 2014
The Coalition defeated a Labor motion to disallow the changes to the Future of Financial Advice (FoFA) legislation after it secured the support from Palmer United Party (PUP) and other crossbench Senators. Labor Senator Sam Dastiary's attempt to disallow ...

Coalition Senators head-to-head over FoFA

LAURA MILLAN  |  FRIDAY, 26 SEP 2014
... give Williams a satisfactory response. Williams has been an active voice in expressing concern over financial advice legislation. In July 2013, he also tabled the request to start a Senate inquiry into the performance of the Australian Securities and ...

Hockey accuses Labor of making "a mess" of FoFA

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
... against his own leaders, rather than focusing on his portfolio at the time" when the Future of Financial Advice (FoFA) legislation was first tabled in Parliament. Labor Member of Parliament Bernie Ripoll asked the Treasurer during question time: "given ...

Govt to amend fund merger tax laws

ALEX DUNNIN  |  WEDNESDAY, 24 SEP 2014
... In a statement, Treasury said the decision follows consultations with the superannuation industry. According to the legislation Exposure Draft: "The amendments will ensure that individuals whose superannuation benefits are involuntarily transferred from ...

Opposition wants to postpone vote on FoFA bill

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
... Greens have asked the government to postpone again the vote on the changes to the Future of Financial Advice (FoFA) legislation until the Financial System Inquiry (FSI) releases its conclusions. "Labor Senators urge the government to withdraw these amendments ...

CEO pay at lowest level in decade

ALICE URIBE  |  THURSDAY, 18 SEP 2014
... boards generally respond. "It seems boards and investors have, together, used the changes to termination payments legislation to drive down the aggregate costs to shareholders of executive departures. "An important parallel effect has been better alignment ...

Bipartisan Senate inquiry to grill financial services again

LAURA MILLAN  |  FRIDAY, 5 SEP 2014
... for financial advice consumers in the context of the government's changes to the Future of Financial Advice (FoFA) legislation. It will examine the role and the oversight by regulatory agencies in preventing the provision of unethical and misleading ...

Coffey to raise $40 million via bond market

MARK SMITH  |  WEDNESDAY, 3 SEP 2014
... is on the rise and new reforms are expected to broaden the market to include more retail investors. The simple bond legislation, as the reforms are known, make it easier and cheaper for corporations to issue bonds. As a growing number of people enter ...

SG frozen till 2021, industry 'dismayed'

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
The Senate has passed legislation that will freeze the superannuation guarantee at 9.5% until 2021, and abolish the Low Income Superannuation Contribution in 2017. The laws, which were part of an extensive package of reforms contained in the Minerals ...

Govt seeks discretion to freeze super guarantee

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... have discretionary power to further delay the rise of the superannuation guarantee to 12%, following the passage of legislation in the lower house yesterday. The legislation was part of a large suite of amendments labelled the Minerals Resource Rent ...