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Showing 181 - 190 of 1189 results for %22Labor%22

FASEA extension en route

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
... Senate for legislation extending the deadline for advisers to meet FASEA educational requirements. With the matter settled, a Labor spokesperson told Financial Standard the opposition's amendment to the Treasury Laws Amendment (2019 Measures No. ...

FASEA blame game on in earnest

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... financial advice is so important to Australians, I am extremely disappointed the passage of this bill has been frustrated by the Labor Party - in little more than a cheap political stunt," Hume said. Hume characterised Labor's decision to attach ...

ISA questioned over political donations

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
Industry Super Australia chief executive Bernie Dean was caught unaware of a $1600 donation made to the Labor party last year after claiming the lobby group does not make political donations. During an urgent hearing of the House of Representatives ...

Mudslinging over FASEA extension continues

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
Labor has slammed the Association of Financial Advisers for spouting untruths over the path of the FASEA extension bill through the Senate. Shadow Assistant Treasurer and Shadow Assistant Minister for Financial Services Stephen Jones told Financial ...

Chief economist update: No escaping the inverted yield curve

BENJAMIN ONG  |  MONDAY, 4 MAY 2020
... inflation near our symmetric 2% goal". Ergo, "...the current stance of monetary policy will support sustained growth, a strong labor market, and inflation near our symmetric 2% objective." In other words... the Fed is done cutting interest rates. This ...

Sargon buyers tap former PEXA chief as adviser

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... the New York financier and the Aussie strategic consultant is understood to have come via Sargon's director and former Labor senator Stephen Conroy. Conroy is believed to have engaged with Price last year to consider Sargon's future before the ...

Chief economist update: Labor Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2020
... gravity of the circumstances the planet has found itself in these days of the coronavirus pandemic. For right on the eve of "Labor Day", the US Department of Labor reports that more than 30 million Americans - around 18% of working population - applied ...

COVID-19 drives Aussies to check exemptions

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... into the life insurance sector, ClearView managing director Simon Swanson responded to a series of questions levelled by Labor MP Andrew Leigh about exemptions for suicide in the firm's life insurance policies. After explaining that suicide is excluded ...

What's next for income-focused funds

KANIKA SOOD  |  THURSDAY, 9 APR 2020
... distributed about 9% in income last year, buoyed by companies flushing out larger dividends before the federal election where Labor wanted to cut back on franking dividends. "Reality is [funds] won't provide as much income as last year but yields ...

Trillion dollar stimulus debt debated

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
... more than 200,000 JobSeeker claims, for those left unemployed by the crisis, have been finalised over the past two weeks. Labor leader Anthony Albanese said his party would not block the stimulus package but noted that the Treasurer has the power to ...