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Showing 161 - 170 of 1269 results for "Labor"

Super Guarantee increases now ironclad

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
The super industry has welcomed the Prime Minister's re-election promise that a Coalition government will lift the Superannuation Guarantee to 12% as legislated. The Prime Minister has said he "stands by" the currently legislated 12% increase and ...

Class Trust adds lodgment functionality

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
The SMSF software provider is set to release an Electronic Trust Lodgment functionality as part of Class Trust, removing the need for manual lodging of tax returns. Class said the addition of the functionality will reduce manual processes and the time ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
... interest rates have been raised during a federal election campaign since 2007. Responding to the RBA's decision, the Labor Party said "it's harder than ever to make ends meet - and today, it just got even harder".

ATO slammed for failing to collect billions in unpaid super

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
Industry Super Australia has unleashed on the loose laws and 'light touch' compliance that's costing working Australians billions in unpaid super. In a statement, ISA said: "The auditor has found the Australian Tax Office's (ATO) reluctance to 'proactively' ...

Labor MP savages government's superannuation record

ANDREW MCKEAN  |  THURSDAY, 28 APR 2022
At the ASFA Conference this morning, shadow minister for financial services and superannuation Stephen Jones outlined his party's policy and attacked the government's "crackpot ideas". Jones said he recognised the enormous opportunity of working ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
... workers." In this same release Bragg cited AEC data he manually compiled that asserted super funds had paid $40 million to Labor Party affiliated unions in the past four years. Bragg then went on to say: "Super funds are becoming the biggest political ...

Labor vows to review YFYS test

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2022
... this area is "brokerage, bringing capital to the table, ensuring there is deal flow and removing regulatory obstacles". A Labor government would also catalyse investment in innovative technologies, Jones added. "Government has banked some of this stuff ...

Tax, welfare reform on election agenda

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... above the poverty line." Meanwhile, Chartered Accountants Australia and New Zealand (CA ANZ) has thrown its support behind Labor's move to scrap the tax cap. The move would reverse a 2019 policy which would have seen caps applied to the amount of money ...

Labor promises cheap childcare, climate action

ELIZABETH MCARTHUR  |  FRIDAY, 1 APR 2022
... measures, Albanese argued, will do little to truly combat cost of living pressures as long as wages remain stagnant. Instead, Labor promises to reform childcare subsidies to create cheaper childcare and remove barriers to parents working more hours. ...

Super should help secure home loans: Inquiry

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
... affordable housing. In its dissenting report, without specifically touching on the recommendation concerning superannuation, Labor said it does not support the report. "We had hoped that this inquiry would begin to address the structural issues in the ...