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Showing 141 - 150 of 252 results for "Bill Shorten"

Default super inquiry receives positive response

CLAIRE MCGREAL  |  MONDAY, 23 JAN 2012
... ongoing assessment of default super funds has been broadly welcomed within the industry. Financial Services Minister Bill Shorten revealed on Friday that the Productivity Commission inquiry would start early next month and take up to eight months. Its ...

Aus can deal with another GFC: Shorten

CLAIRE MCGREAL  |  THURSDAY, 19 JAN 2012
Assistant Treasurer Bill Shorten says Australia is not in the same boat as Europe and is better placed to deal with another worldwide recession. The World Bank yesterday declared the global economy had entered a "dangerous period", warning it could ...

Govt releases final issue of investment manager regime

ELISE BURGESS  |  FRIDAY, 16 DEC 2011
... a financial services centre in the Asia Pacific region." Said Minister for Financial Services and Superannuation, Bill Shorten. "Tax havens need not apply." Backdated to July 1 2011, this third element has been the subject of a Board of Taxation review. ...

Industry welcomes Shorten's promotion

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
The new Industrial Relations and Financial Services Minister Bill Shorten said he's delighted his new promotion to Cabinet. Yesterday's reshuffle by the Prime Minister sees Shorten elevated to a senior ministerial position for the first time, while ...

Govt releases intra-fund advice rules

ELISE BURGESS  |  THURSDAY, 8 DEC 2011
Assistant Treasurer Bill Shorten has released details of the new superannuation trustee requirements around the delivery of intra-fund advice, today revealing certain advice areas excluded from the service. While intra-fund advice will cover any general ...

AMP enhances super products

CLAIRE MCGREAL  |  THURSDAY, 8 DEC 2011
... Disclosure Statement (PDS) regime ahead of the government's deadline next year. It follows Financial Services Minister Bill Shorten's announcement earlier this year that PDS for all super products and simple managed investment schemes must only be eight ...

Government confirms super guarantee age limit abolished

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
... Australians an incentive to remain in the workforce for longer, according to the Government. Superannuation Minister Bill Shorten has confirmed that the amendment to abolish the age limit made it through the Lower House last week, despite the Opposition ...

Insto tax phase down deferred one year

ELISE BURGESS  |  WEDNESDAY, 23 NOV 2011
Assistant Treasurer Bill Shorten has announced a one year deferral of its phase down of interest withholding tax, paid primarily by financial institutions as announced in the 2010-11 Budget, thanks to the MRRT. As promised in last year's Budget, the ...

FOFA will pass: Shorten, FPA

ELISE BURGESS  |  FRIDAY, 18 NOV 2011
Minister for Financial Services and Superannuation Bill Shorten and the FPA agree that the FOFA reforms will pass through parliament, with the Minister urging planners to embrace change as a necessary survival tool for the betterment of the industry. ...

Shorten rallies the troop to vote in favour of SG hike

CLAIRE MCGREAL  |  FRIDAY, 11 NOV 2011
Financial services minister Bill Shorten has praised all sectors of the superannuation industry for their willingness to "negotiate and compromise" on reform, despite their traditional differences. In an impassioned speech to ASFA delegates, the assistant ...