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Showing 1171 - 1180 of 1807 results for "Bill 2013"

APRA MySuper changes burden for industry

MELANIE TIMBRELL  |  MONDAY, 6 FEB 2012
The proposed level of involvement by the Australian Prudential Regulation Authority in commercial arrangements between super funds and employers under the new draft MySuper Bill is unnecessary and inefficient, according to retail bodies. Submissions ...

Market Wrap

AAP  |  MONDAY, 6 FEB 2012
Australian shares have opened almost 1.5 per cent higher after the release of better-than-expected US jobs figures. The Wall Street rallied on Friday after official figures showed the US unemployment rate fell from 8.5 per cent in December to 8.3 per ...

FOFA debate due after PJC report: Shorten

CLAIRE MCGREAL  |  MONDAY, 6 FEB 2012
Assistant Treasurer Bill Shorten has confirmed FOFA legislation won't be debated by MPs until after the Parliamentary Joint Committee has delivered its report and recommendations on the bill. Opposition spokesman on Financial Services Mathias Cormann ...

Shorten urges banks to stand by staff

CLAIRE MCGREAL  |  FRIDAY, 3 FEB 2012
Financial Services Minister Bill Shorten has urged Australia's banks not to fall victim to "corporate amnesia". It follows news yesterday that Westpac, which made over $6 billion in profit last year, would be slashing up to 560 jobs as part of cost ...

Market Wrap - Midday

AAP  |  THURSDAY, 2 FEB 2012
Australian shares have posted strong gains after better-than-expected trade data boosted already buoyant mining stocks. Australian Bureau of Statistics (ABS) data showing a surge in exports and a widening trade surplus gave further impetus to mining ...

Super tax concessions in spotlight

MELANIE TIMBRELL  |  MONDAY, 30 JAN 2012
A new government roundtable will see industry groups argue tax concessions are the only way Australians will fully fund their own retirement. Treasurer Wayne Swan and Minister for Financial Services and Superannuation Bill Shorten announced the Superannuation ...

Market Wrap - Morning

AAP  |  MONDAY, 30 JAN 2012
SYDNEY - The Australian market looks set to open slightly higher. At 0632 AEDT on Monday, the March share price index futures contract was up five points at 4255. No major economic news is expected on Monday. In equities news, Roc Oil, Linc Energy ...

AMP: FOFA needs a rigorous stocktake

CLAIRE MCGREAL  |  TUESDAY, 24 JAN 2012
AMP has come down hard on the government's draft FOFA legislation, saying the Bill as it stands had "so many problems" a "rigorous stocktake" was needed. Appearing before the Parliamentary Joint Committee yesterday, managing director AMP Financial Services ...

Market Wrap - Midday

AAP  |  TUESDAY, 24 JAN 2012
Australian shares have stayed in positive territory as hopes for a debt deal with Greece buoyed European shares and rising commodity prices boosted miners and energy companies. Energy stocks led the push higher, adding 0.7 per cent after news that the ...

PJC concedes FOFA amendment may be warranted

MELANIE TIMBRELL  |  TUESDAY, 24 JAN 2012
Insurance advice issued inside and outside superannuation needs to be treated the same, the Parliamentary Joint Committee on Corporations and Financial Services heard today. While the majority of super funds provide general advice, where individuals ...