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Showing 101 - 110 of 185 results for "Shadow minister"

Less tax appeal for high income earners in super

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
... is understood those earning between $180,000 and $300,000 will continue to benefit from the current concession Shadow Minister for Superannuation, Mathias Cormann has called the move a "tax grab". "As of 1 July 2012, courtesy of previous Labor changes ...

Industry rejects changes to super tax

MELANIE TIMBRELL  |  MONDAY, 23 APR 2012
... that removing incentives for voluntary savings would undo decades of work to encourage self-funded retirement. Shadow Minister for Financial Services and Superannuation, Senator Mathias Cormann called the proposed changes a "tax grab," saying the move ...

Politicians spar over future of superannuation guarantee

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
... support the Gillard Government's plans to lift the universal superannuation guarantee from 9% to 12%?" he asked. But Shadow Minister for Financial Services Senator Mathias Cormann said the Coalition's position had not changed. "The Coalition remains ...

Former Liberal leader named Equiti Capital chair

ELISE BURGESS  |  TUESDAY, 16 AUG 2011
... the International Monetary Fund and the UN. He also held roles as Shadow Finance Minister, Shadow Treasurer and Shadow Minister for Industry and Commerce. Hewson was a founding executive director of Macquarie Bank, a trustee of the IBM Superannuation ...

ASIC jobs cut as responsibilities rise

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
... a cost of $3.15 million. ASIC has a total headcount of 1850 people. In a response to a question on notice from Shadow Minister for Financial Services Senator Mathias Cormann, Medcraft confirmed that 43 of those staff took voluntary redundancies while ...

Coalition, small business reject super clearing house model

ALISON BEVEGE  |  WEDNESDAY, 20 JUL 2011
... "Our position is that super payments remitted through the ATO save time... and red tape," said Bruce Billson, Shadow Minister for Small Business. Strong said the superannuation industry had been fighting the idea. "What do they have to hide?" he said. ...

Labor moves to justify super existence

MATT WOODINGTON  |  THURSDAY, 23 JUN 2011
... increase beyond the current 9 percent limit would impact ' most heavily on low and middle income earners'," said Shadow Minister for Financial Services and Superannuation, Mathias Cormann. "Mr Shorten has again failed to explain why Dr Ken Henry, now ...

Planners risk trouble opposing FOFA

ALISON BEVEGE  |  FRIDAY, 20 MAY 2011
... separation, where product providers are banned from employing financial planners, if the reforms fail to pass. Shadow Minister for Financial Services Senator Mathias Cormann said yesterday he would repeal two elements of FOFA widely unpopular among planners ...

Advisers aim for independents over FOFA

ALISON BEVEGE  |  THURSDAY, 19 MAY 2011
... warpath over Future of Financial Advice (FOFA) reforms were given a crash course in political lobbying today by Shadow Minister for Financial Services Senator Mathias Cormann, who told them to target the independents. Speaking at a packed Sydney breakfast ...

Opposition attacks opt-in concession

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
... information pack. Shorten said the reforms were designed to protect consumers and to restore trust in the system. But Shadow Minister for Financial Services Mathias Cormann attacked the concession, saying the opt-in reform would still penalise advisory ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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