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Showing 161 - 170 of 251 results for "Bill Shorten"

SG High Court challenge lost

ELISE BURGESS  |  WEDNESDAY, 28 SEP 2011
... superannuation guarantee charge was introduced to encourage employers to pay their employees' superannuation on time," said Bill Shorten, Minister for Superannuation. "It also makes sure employees are compensated appropriately if their employer is late ...

New online super tracking portal

ELISE BURGESS  |  MONDAY, 26 SEP 2011
... result of the superannuation reforms, including 3.5 million Australians on lower incomes and older workers," said Bill Shorten, minister for superannuation. The draft legislation is available on the Treasury website.

Boost for corporate sector as Stronger Super details emerge

MATT WOODINGTON  |  WEDNESDAY, 21 SEP 2011
... further on a mechanism to allow this period to be extended in certain, limited circumstances. Assistant Treasurer Bill Shorten said that a thirty-year-old worker on full time average wages could expect $40,000 more in retirement once the Stronger Super ...

Rice Warner clarifies $11 estimate

ELISE BURGESS  |  THURSDAY, 15 SEP 2011
... used to estimate the $11 price tag on opt-in, in a submission to Minister Financial Services and Superannuation, Bill Shorten. In a letter submitted today, Rice Warner reinforced its original estimate and said it was not "onerous for the industry" as ...

Uncertainty and consolidation just the beginning: AFA

ELISE BURGESS  |  MONDAY, 12 SEP 2011
... Advisers. The association has expressed concern for independent advisers with doubts about the growth strategy of Bill Shorten, Minister for Financial Services and Superannuation, and manager of the Future of Financial Advice (FOFA) reforms. "We believe ...

PM Gillard: super to support economic stability

ELISE BURGESS  |  WEDNESDAY, 31 AUG 2011
... Services Council, was also attended by Assistant Treasurer and Minister for Financial Services and Superannuation Bill Shorten, Minister for Finance Penny Wong, and Federal Member for Sydney, Tanya Plibersek.

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
... the Future of Financial Advice today. Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, announced the draft reforms, now open for public consultation. The two-year renewal opt-in for financial advisers has been ...

Industry body applauds move to define financial planners

MATT WOODINGTON  |  MONDAY, 29 AUG 2011
... planner they know that person is backed by appropriate qualifications and an ethical framework." Assistant Treasurer Bill Shorten made the announcement as part of the first tranche of draft legislation on the future of financial advice reforms released ...

Politicians spar over future of superannuation guarantee

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
... the superannuation guarantee with each side remaining entrenched in their positions. Minister for Superannuation Bill Shorten called on the Coalition to support the lifting of the superannuation guarantee from 9% to 12%. He issued a press release gleefully ...

Submissions open on excess super contribution cap refund rules

ALISON BEVEGE  |  THURSDAY, 18 AUG 2011
... self-managed super fund trustees can have their say on the excess contributions cap reprieve after Assistant Treasurer Bill Shorten released a consultation paper yesterday. Under the contributions cap, super fund members under the age of 50 can contribute ...