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Showing 111 - 120 of 747 results for "Senate 67"

Systemic disadvantages create retirement insecurity: HESTA

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
HESTA has submitted that applying the United Nations Declaration of the Rights of Indigenous Peoples (UNDRIP) principles in Australia would lead to greater certainty and returns for super members. HESTA chief executive Debby Blakey said as a super fund ...

Fossil fuel divestment bill passes California Senate

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
The California Senate passed a bill overnight prohibiting the United States' two largest public pension funds from investing in the world's top 200 fossil fuel companies and require them to divest any existing holdings by 2030. The California ...

Liberals should liberate Australians from super: Bragg

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
Liberal senator Andrew Bragg has pulled no punches in a recently released policy manifesto titled The basis of a fair society is a strong economy, once again calling for superannuation to be voluntary for those on low incomes. "Superannuation is a significant ...

Senator Bragg defends domestic crypto ETFs

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
In a letter to ASIC, Liberal senator Andrew Bragg has welcomed foreign crypto ETF competition but not before domestic products have become widely available. Bragg asked the regulator to confirm it will not provide an uneven playing field for foreign ...

ISA uncovers disgraceful regional gender super gap

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
Industry Super Australia has said women in their 40s that live in regional Victorian city Bendigo have half the superannuation of men. It's believed this large divergence first expanded when many local women took time out of the workforce to have children. ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
After questioning from Senator Andrew Bragg at Senate estimates, prudential regulator APRA shared it has done some preliminary investigations about payments to unions. Bragg has claimed that superannuation which should be for workers has turned into ...

CalPERS, CalSTRS face fossil fuels ban

JAMIE WILLIAMSON  |  MONDAY, 21 FEB 2022
Two of the world's largest pension funds could be forced to divest all fossil fuel companies and be banned from making any further investments under a new bill. The Fossil Fuel Divestment Bill to advance California Climate Goals was introduced into ...

CSLR will not fully protect investors

KARREN VERGARA  |  WEDNESDAY, 16 FEB 2022
With the proposed Compensation Scheme of Last Resort regime closer to passing, there are fears it will fall short of protecting consumers. The Senate Economics Legislation Committee released a summary of the proposed bill, with input from industry stakeholders ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
Corporate regulator ASIC is being urged to take more action with respect to the collapse of the Sterling Income Trust. A senate committee that recently handed down its final report in its inquiry into the collapse of the Sterling Income Trust is urging ...

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
The Senate has overturned proxy advice reforms announced at the end of last year, three days after the new regime had begun. On a vote of 29 votes to 25, the Senate disallowed the new regulations that were announced by Treasurer Josh Frydenberg in December ...