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Showing 181 - 190 of 1207 results for "Parliament"

Super fund overhauls performance on red rating

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... gains where we get them. We've reviewed that and adjusted it slightly, going forward," he explained. Member of Parliament Daniel Mulino asked Mitchell if he thinks the fund is better suited to the "market troubles" the world is facing at the moment. ...

Chief economist update: Prime Minister Suga

BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
Japan has a new prime minister. Yoshihide Suga is his name. Suga will officially be Prime Minister following a parliamentary vote on September 16 after being elected President of the ruling Liberal Democratic Party (LDP) two days earlier. Prime Minister ...

Super funds to face parliamentary grilling

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
Some of the country's biggest super funds are set to face parliamentary scrutiny tomorrow as part of the House of Representatives Standing Committee on Economics ongoing review. Hostplus, AMP and Cbus are three of the big names set to front the committee ...

Former QSuper chief joins NZ Super Fund board

KANIKA SOOD  |  TUESDAY, 8 SEP 2020
... independently of the NZ Super board. The minister then consults with representative of other political parties in the Parliament before recommending a person to the governor-general, who makes the appointment. Board members are paid NZ$49,000 a year ...

JobKeeper extension passed

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The government's JobKeeper extension has been passed through parliament, prolonging the payments through till March 2021 and tapering the amount from December 2020. A new split system will replace the flat $1500 fortnightly payment with those who work ...

Banks to be questioned on COVID-19 response

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... Committee to discuss their response to the COVID-19 pandemic. Committee chair Tim Wilson said the hearings are part of the parliament's role in publicly scrutinising and holding Australia's four major banks to account. "The Economics Committee and I ...

Labor says yes, economists say no to SG rise

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... destroy what he built. "The parliamentarians are paying themselves 15.6%, so ordinary working people get 9.5%. The parliament said in legislation you can have 12% over five years and the liberal party is saying that's too good for [the average Australian]," ...

Liberal senator slams super

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
... brother, bankers, Marxists, command and control - it feels like I'm sort of at a QAnon cell meeting," he said to parliament. "Not the Australian Senate, not where the adults engage in this stuff." Ayres also rejected claims industry super would become ...

HESTA takes active approach to class actions

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
HESTA has told the parliament it sees participation in class actions as a form of active ownership. The super fund said it participates in class actions to recover losses but also as a means of encouraging better standards of corporate governance and ...

Another AMP worker recounts campaign of harassment

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 AUG 2020
A new whistleblower has come forward, recounting what amounts to a campaign of harassment and a derailing of her career at AMP, leading several other former employees to do the same. The account from the whistleblower was read to the Senate by Senator ...