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Showing 141 - 150 of 1269 results for "Labor"

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... digital assets as the reason why Australia has fallen behind on consumer protection and investment promotion. He added that Labor and minister for financial services Stephen Jones had failed Australian consumers by not already releasing a draft bill. ...

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
The government has advanced its commitment to establish a Compensation Scheme of Last Resort (CSLR), releasing for consultation exposure draft regulations. The CSLR will facilitate the payment of compensation of up to $150,000 to eligible consumers ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
... Your Future, Your Super regime also commenced today. "There was a lot of things within that package of legislation that Labor supported, but there was also a lot in there that was more driven by ideology than good sense. A bunch of that we got knocked ...

Super fund disclosure rules finalised

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
... the criteria for these funds was to be invited to attend the summit, and how many of these funds donate to the Australian Labor Party and or make payments to unions.

Calls to pay super on parental leave grow

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... a clear message that caring work is undervalued," Blakey added. Prior to the federal election in May it was revealed the Labor Party had dropped its plans to pay super on paid parental leave, having taken that pledge to the 2019 election. Labor has since ...

CSLR establishment is critical: FPA

CHLOE WALKER  |  FRIDAY, 12 AUG 2022
... financial planners, many of whom are small business operators, are not left bearing the full costs. "While it was in Opposition, Labor suggested amendments which would include managed investment schemes in the [CSLR] scheme, and we look forward to seeing ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
The Labor government is cracking down on multinational enterprises (MNEs) avoiding tax and transparency. Last week, Treasurer Jim Chalmers said it's the government's priority to make sure that multinational corporations pay a fair share of tax where ...

Investors, advisers need further ESG education

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
... Del Rey added that the study reflects some recent key observations in the Australian political and financial landscape. "Labor's recent success in the Federal Election and the rise of independent and Green candidates came in the wake of strong campaign ...

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
The US Bureau of Labor Statistics has reported that inflation has surged 9.1% over the last year, shooting up a torrid 1.3% in June alone. While inflation has surged to its highest level in 41 years, US president Joe Biden said the CPI data doesn't ...

Review of YFYS receives mixed response

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
... for protecting underperforming super funds and for him signalling the gutting of the best financial interest duty. "The Labor government has no plan and no policy to improve member outcomes," Bragg settled. Nevertheless, Mercer senior partner and actuary ...