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Showing 131 - 140 of 296 results for "House of Representative"

Xenophon team introduce unpaid super Bill

KARREN VERGARA  |  MONDAY, 11 SEP 2017
A Bill that's aligning super guarantee payments to the wage cycle, abolishing the monthly $450 threshold, and granting the Fair Work Ombudsman greater power to recoup unpaid super has been introduced in Parliament. Rebekha Sharkie, federal member for ...

Labor unyielding on banking Royal Commission

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
The ambit of the Labor Party's proposed banking Royal Commission will extend to all elements of financial services should it be elected to office, Shadow Treasurer Chris Bowen told the FSC Leaders Summit. Bowen made it clear the proposed banking Royal ...

Banks narrowly avoid parliamentary inquiry

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
Australian banks have narrowly dodged the possibility of facing a Royal Commission-style inquiry after a Green's Bill to establish a Parliamentary Commission of Inquiry fell short by a single vote in the House of Representatives yesterday. The Bill ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
The major banks will be slugged $6.2 billion via a new levy to level the playing field for the banking sector. "This represents a fair additional contribution from our major banks and will assist with budget repair by at least $1.5 billion per year," ...

SMSFA appoints high profile former politicians

EMMA RAPAPORT  |  TUESDAY, 21 MAR 2017
The SMSF Association is hailing their commitment to "getting the right policy settings for retirement incomes, superannuation and financial services" with the appointment of two high-profile public figures. Former NSW Liberal premier Nick Greiner and ...

We have made mistakes: CBA

KARREN VERGARA  |  TUESDAY, 7 MAR 2017
... made mistakes and still has a lot of work to do. On day two of the major banks review, Narev fronted the House of Representative's Standing Committee and admitted "we have made mistakes" and did not do enough to build and sustain customers' trust. "We ...

NAB chief promises greater accountability

KARREN VERGARA  |  MONDAY, 6 MAR 2017
... the banking inquiry in Canberra on Friday. Thorburn and chief operating officer Anthony Cahill faced the House of Representative's Standing Committee on Economics, representing the first of the four major banks in an effort to review Australia's banking ...

In search of that elusive Australian animal spirit

BENJAMIN ONG  |  FRIDAY, 24 FEB 2017
Yesterday's decision by the Fair Work Commission to slash Sunday and public holiday penalty rates for hospitality, restaurant, fast food, retail and pharmacy workers threw another spanner in the works for RBA Governor Philip Lowe's positive outlook ...

House passes professional standards bill

EMMA RAPAPORT  |  WEDNESDAY, 8 FEB 2017
Federal laws which will affect the future of the financial planning industry passed the House of Representatives last night. The Corporations Amendment (Professional Standards of Financial Advisers) Bill, which was first introduced into Parliament in ...

Life insurance commissions bill passes lower house

ALEX BURKE  |  WEDNESDAY, 30 NOV 2016
Significant changes to life insurance commissions for advisers from 2018 are almost a reality following The Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 passing in the House of Representatives. Should the legislation also ...