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Showing 111 - 120 of 132 results for "Mathias Cormann"

Politicians spar over future of superannuation guarantee

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
... 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 opposed to Labor's push to increase compulsory super ...

Future Fund posts higher returns, chairman warns of volatility

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
... currencies from 5% to 10% of the total value of the fund to act as a hedge. In response to questioning by Senator Mathias Cormann in May Senate Estimates hearings, David Neal, chief investment officer of the Future Fund said the emerging market currency ...

ASIC jobs cut as responsibilities rise

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
... 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 16 were forced. Medcraft said further redundancies ...

Labor moves to justify super existence

MATT WOODINGTON  |  THURSDAY, 23 JUN 2011
... 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 the Prime Minister's private adviser, got it wrong and why ...

Pollies clash over SG

ELISE BURGESS  |  MONDAY, 20 JUN 2011
... contribution of 15.4 per cent. Shorten said that it was opposition treasury spokesman Joe Hockey and his assistant Mathias Cormann that were the main parties involved, stating that Hockey was only against the increase because he simply opposed anything ...

Policy war erupts over super clearing

ALEX DUNNIN  |  MONDAY, 20 JUN 2011
... every single transaction processed," said opposition financial services and superannuation spokesperson Senator Mathias Cormann and opposition small business spokesperson Bruce Billson in a joint statement. The Government said the service has been very ...

PC to review how defaults appointed to Awards

ALEX DUNNIN  |  FRIDAY, 10 JUN 2011
... will be a review next year." The announcement should please opposition spokesperson on superannuation, Senator Mathias Cormann, who has been aggressively campaigning for the review. "The current process for selecting default super funds is anti-competitive ...

Industry funds, independent platforms stand up for FOFA reforms

ALISON BEVEGE  |  WEDNESDAY, 1 JUN 2011
... independents by financial planners. Financial advisers were instructed by shadow financial services minister Senator Mathias Cormann on May 19 to target the four independent members of the Federal House of Representatives in their bid to have elements ...

Oakeshott won't back FOFA

ALEX DUNNIN  |  THURSDAY, 26 MAY 2011
... Coalition wishes to go further," he told Business Spectator. The opposition shadow financial services minister Senator Mathias Cormann has already jumped on Oakeshott's comments. "The Coalition has said from the outset that Labor's proposal to force ...

Planners risk trouble opposing FOFA

ALISON BEVEGE  |  FRIDAY, 20 MAY 2011
... 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 if elected: opt-in provisions and the ban ...