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Showing 181 - 190 of 762 results for %22Senate%22

Salt reveals retirement hotspots

EMMA RAPAPORT  |  WEDNESDAY, 6 DEC 2017
... choosing to downsize their residence to contribute up to $300,000 from the sale of their home to superannuation, passed the Senate yesterday, and have been returned to the House of Representatives for a single amendment proposed by Senator Leyonhjelm ...

Un-Keynesian

BENJAMIN ONG  |  TUESDAY, 5 DEC 2017
... first legislative win under his belt. Oh yes, this refers to the long-promised, much-awaited tax cuts. It passed the US Senate on the 2 December with a 51-49 vote, paving the way for the corporate tax rate to be lowered to 20% from the current 35%. Ole! ...

'tis the season to not be jolly

BENJAMIN ONG  |  THURSDAY, 16 NOV 2017
... government policy is in limbo until it settles the issue of who will be the next dual citizen in the Parliament and the Senate to bite the dust.

Taxing times

BENJAMIN ONG  |  MONDAY, 13 NOV 2017
... November report that: "Wall Street slumped with the Dow Jones shedding over 200 points after Bill Cassidy, a member of the Senate Finance Committee, said that the Senate tax proposal will delay a corporate tax cut by one year to 2019." All major US equity ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... So too was the well-telegraphed US President Donald Trump's nomination of Jerome Powell. If (when?) approved by the US Senate Powell will replace sitting Fed Chair Janet Yellen on 3 February next year, which is expected to provide continuity to the Fed's ...

APRA pushes for greater control over super

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
APRA is calling on the Senate to increase its regulatory powers to help improve superannuation governance, transparency and member outcomes. APRA deputy chair Helen Rowell told the Senate Economics Legislation Committee aiming to address weaknesses ...

Members better off with equal representation: AIST

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
The Australian Institute of Superannuation Trustees is urging the Senate to reject the Turnbull Government's proposal to mandate a governance model for superannuation funds and preserve the equal representation rule. In response to the Superannuation ...

Industry body questions AFCA funding model

EMMA RAPAPORT  |  THURSDAY, 28 SEP 2017
... distributed across the financial services industry to reflect the accountability of each sector. In its submission to the Senate Standing Committee on Economics, the Australian Institute of Superannuation Trustees will argue that the funding model for ...

Group insurance inaction is "robbery": Inquiry

KARREN VERGARA  |  FRIDAY, 8 SEP 2017
... superannuation funds and life insurance premiums is equivalent to theft, according to today's life insurance parliamentary inquiry. Senate Parliamentary Joint Committee on Corporations and Financial Services chair Steve Irons said the responsibility ...

Complex operations leaving life customers confused

KARREN VERGARA  |  FRIDAY, 18 AUG 2017
... what they are insured for, a public hearing found. TAL group chief executive and managing director Brett Clark told the Senate Parliamentary Joint Committee on Corporations and Financial Services today how frustrating it is to modernise an industry that's ...