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Showing 171 - 180 of 252 results for "Bill Shorten"

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 ...

Super now the fourth pillar

ALEX DUNNIN  |  WEDNESDAY, 17 AUG 2011
... social and economic life and the national disability insurance scheme will develop to become the fifth, said minister Bill Shorten at a major superannuation function at Parliament House in Canberra last night. Shorten was speaking at a dinner to mark ...

Investment cloud clears with Govt draft proposal

ELISE BURGESS  |  WEDNESDAY, 17 AUG 2011
... uncertainty for Australian fund managers and encourages foreign investors to invest in Australian-based fund managers. Bill Shorten, Assistant Treasurer and Minister for Financial Services, said the proposed changes with offer certainty for businesses ...

In defence of superannuation

ALEX DUNNIN  |  MONDAY, 15 AUG 2011
Superannuation funds earning nearly 7% per annum over the past 20 years has forced minister Bill Shorten to defend the system itself while arguing why lifting SG from 9 to 12% is still a good idea. Speaking on ABC TV's Insider's program yesterday, Minister ...

Super tribunal needs members to solve disputes

ALISON BEVEGE  |  TUESDAY, 9 AUG 2011
... while others have been lawyers. Part-time members are appointed by Superannuation Minister and Assistant Treasurer Bill Shorten and serve for a three- to four-year term. Members are not required to travel to Melbourne to participate in review meetings. ...

Re-financing of aged care announced

RACHEL DAVIS  |  TUESDAY, 9 AUG 2011
... and could be used as and when needed. Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, also announced reverse mortgage draft legislation to increase protection around reverse mortgages and incentivise their use. ...

Govt provides reverse mortgage guarantees

ELISE BURGESS  |  MONDAY, 8 AUG 2011
... protection around reverse mortgages. Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, claims the extra protection will reduce negative equity and offer certainty about what will happen once a contract is finished. ...

Industry looks to draw line under reforms

MATT WOODINGTON  |  THURSDAY, 4 AUG 2011
By comparing the government to a gestating sperm whale at the FSC conference, Assistant Treasurer Bill Shorten made light of slow progress implementing financial services reforms but patience is wearing thin within the industry. Shorten himself has ...

Government bowing to pressure on super risk commissions

MATT WOODINGTON  |  THURSDAY, 4 AUG 2011
... advice in September. Speaking at the Financial Services Council conference on the Gold Coast, Assistant Treasurer Bill Shorten said that although no final decision had been made, pressure from the financial planning industry and within his own party ...

Intrafund advice a sticking point for Stronger Super group

ALISON BEVEGE  |  TUESDAY, 2 AUG 2011
... Stronger Super reform process." Paul Costello, chairman of the group, handed his report to Financial Services Minister Bill Shorten last week, and the Government is considering the recommendations.