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Showing 111 - 120 of 251 results for "Bill Shorten"

SuperStream passes Lower House

ALEX DUNNIN  |  TUESDAY, 19 JUN 2012
... remove the need for employers to provide different information (or in a different format) to different funds," said Bill Shorten, minister for superannuation and financial services. Brendan O'Connor, minister for small business, said, "These reforms ...

SuperStream levy unclear

MELANIE TIMBRELL  |  MONDAY, 4 JUN 2012
... expenditure and progress against budgeted plans be forthcoming." Minister for Financial Services and Superannuation, Bill Shorten has today called for nominations from individuals interested in appointment to the SuperStream Advisory Council. The Council ...

APRA empowered to chase rogue superfund directors

BEN COLLINS  |  THURSDAY, 24 MAY 2012
... otherwise no individual will want to be a trustee director." Minister for financial services and superannuation, Bill Shorten, said that the new regulatory powers were essential to superannuation reforms. "I flagged these reforms as early as December ...

Australia eyes Israeli super system

MELANIE TIMBRELL  |  FRIDAY, 11 MAY 2012
... heavyweight Jeremy Cooper. Just back from a research trip to Israel led by federal Minister for Financial Services Bill Shorten, Challenger's chairman, retirement incomes said that while Israeli asset allocation tends to be quite conservative, despite ...

Compensation report finds against last resort scheme

RACHEL DAVIS  |  WEDNESDAY, 9 MAY 2012
... stage". "As Mr St. John's report has shown there is no silver bullet to solve this complex problem overnight," said Bill Shorten, Minister for Financial Services and Superannuation. "The release of this report is an important step in ensuring that Australians ...

Less tax appeal for high income earners in super

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
... a flat rate of 15%, delivering a higher relative concession to those in the top income tax bracket, according to Bill Shorten, Minister for Superannuation. ''It is clear that a small number of people on high incomes are getting a better deal out of super ...

MySuper consultation draws focus on divisions

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
... inequalities between the not for profit and retail sectors. The draft legislation, released by Minister for Superannuation Bill Shorten on Friday, requires super funds to publish details of director and executive pay, details of what assets the fund ...

Trustee reforms risk being neutered

ALEX DUNNIN  |  THURSDAY, 26 APR 2012
Speculation is growing that superannuation minister Bill Shorten will announce reforms to the operation of trustee boards, but if the reforms don't take account of trustee companies the reforms will be toothless. The Australian Financial Review and ...

CGT relief paves way for super mergers

MELANIE TIMBRELL  |  TUESDAY, 24 APR 2012
... mergers, particularly in the not-for-profit superannuation space. Minister for Financial Services and Superannuation, Bill Shorten said the move was in support of the MySuper reforms, encouraging fund mergers that would benefit members. "The Gillard ...

Speculation grows on super tax breaks

ALEX DUNNIN  |  FRIDAY, 20 APR 2012
... total remuneration. So an increase in super means an increase in remuneration - or wages, by another name," Minister Bill Shorten is quoted as saying in the SMH. The comments suggest a form of means testing may be on the cards for concessional taxation ...