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Showing 181 - 190 of 703 results for "Senator"

Labor calls for end to war on super

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... Morrison urges unions and business to work together for the benefit of the nation. Jones' speech comes as Liberal Senator and former Financial Services Council policy director Andrew Bragg releases his book on how to fix the superannuation system ...

Senator criticises lazy super system

JAMIE WILLIAMSON  |  FRIDAY, 5 JUN 2020
Senator Jane Hume has said the compulsory nature of superannuation allowed super funds to become lazy, creating inefficiencies in the system. She has also hinted the government will soon turn its attention back to the Productivity Commission's recommendation ...

APRA quashes super liquidity concerns

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
... APRA been contacted by or informed by any super fund that it has or anticipates having any liquidity issues?" Liberal Senator James Paterson asked. APRA deputy chair Helen Rowell said the regulator had been keeping tabs on the liquidity positions of ...

Retirement income covenant delayed

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
... place, particularly after COVID-19, Assistant Minister for Superannuation, Financial Services and Financial Technology Senator Jane Hume said. Hume pointed out the deferral of the covenant will also allow its drafting to be informed by the retirement ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
The COVID-19 pandemic was both a curse and a blessing (for lack of a better word) for China's Politburo. Social restrictions and lockdowns imposed by the powers-that-be to contain the virus sent the economy plunging 6.8% in the year to the March ...

FASEA extension en route

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
... the call since Labor introduced the amendments in the House of Representatives in February. "As recently as last week, Senator Jane Hume made the inexplicable last-minute decision to de-list a Treasury amendment bill to avoid a vote on removing this ...

FASEA blame game on in earnest

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... for the prolonged uncertainty, with Assistant Minister for Superannuation, Financial Services and Financial Technology Senator Jane Hume admonishing Labor's decision to attach an amendment to the bill, which she said would have required a lengthy ...

KKR company cut doctors pay during pandemic

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... an earlier deal. In 2018 it acquired Envision Healthcare for US $9.9 billion. US member of congress Katie Porter and US senator Elizabeth Warren recently wrote to KKR co-chief executives Henry Kravis and George Roberts, expressing concern about KKR's ...

Mudslinging over FASEA extension continues

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
... "longstanding" commitment to support the bill to Assistant Minister for Superannuation, Financial Services and Financial Technology Senator Jane Hume on Monday night, and said it would be "regrettable" if the Senator withdrew the bill as a result of ...

Industry funds revise ERS modelling

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
... Parliamentary Joint Committee on Corporations and Financial Services question on notice reveals. ASIC was asked by Liberal Senator and Committee chair James Paterson what action it had taken on ISA's decision to use nominal rather than real figures in ...