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Showing 1 - 10 of 39 results for "Senate Economics Legislation Committee"

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO | TUESDAY, 12 MAY 2026

A Senate Economics Legislation Committee report released this week expressed in principle support for paying super on every dollar earned, including removing the existing 30 hour per week threshold that currently applies to under 18 workers. Under current ...

SMC calls for guaranteed super for domestic workers

ELIZA BAVIN | WEDNESDAY, 15 APR 2026

... guaranteed super. SMC said this was "an omission that can no longer be justified". The Senate Economics Legislation Committee is inquiring into the law which gives rise to the exclusion of part-time domestic workers. SMC has urged government to remove ...

Senate questions APRA's role in Shield, First Guardian disaster

KARREN VERGARA | FRIDAY, 13 FEB 2026

... under the spotlight at a recent parliamentary hearing. APRA chair John Lonsdale told the Senate Economics Legislation Committee that "trustees are the only part of the chain of involvement in the Shield and First Guardian situation that APRA has the ...

Chalmers accused of sitting on advice for MIS reforms

ELIZA BAVIN | THURSDAY, 4 DEC 2025

Questions have been raised in the Senate Economics Legislation Committee over whether Treasurer Jim Chalmers has been sitting on advice for reforms related to the regulation of managed investment schemes. Senator for NSW Dave Sharma asked the Department ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA | FRIDAY, 21 JUN 2024

... "greater legal clarity" to how advice fees are deducted from superannuation fund accounts. The Senate Economics Legislation Committee, led by chair senator Jess Walsh, tabled its final report today. The bill, Treasury Laws Amendment (Delivering Better ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON | WEDNESDAY, 5 JUN 2024

... spending more, having "made bank" on the back of increased interest rates. Appearing at the Senate Economics Legislation Committee this morning, RBA governor Michele Bullock said the nominal data provided to the central bank by the banking sector shows ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN | WEDNESDAY, 3 APR 2024

The Senate Economics Legislation Committee has recommended the passage of the Superannuation (Objective) Bill 2023, marking its likely enactment. The Committee urged Parliament to prioritise passing the bill in a report released last week because of ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN | TUESDAY, 6 JUN 2023

The Senate Economics Legislation Committee has urged the government to review laws that would impact franked dividends funded by capital raisings. In February, the government tabled the Treasury Laws Amendment (2023 Measures No.1) Bill 2023 which among ...

ASIC dodges PGPA investigation questioning

CASSANDRA BALDINI | THURSDAY, 16 FEB 2023

... investigated under the Public Governance Performance and Accountability (PGPA) Act. Fronting the Senate Economics Legislation Committee, Longo spoke of the importance of transparency and accountability. "I welcome accountability, it's a very important ...

CSLR will not fully protect investors

KARREN VERGARA | WEDNESDAY, 16 FEB 2022

... regime closer to passing, there are fears it will fall short of protecting consumers. The Senate Economics Legislation Committee released a summary of the proposed bill, with input from industry stakeholders, who largely voiced concerns that the scheme ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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