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Showing 191 - 200 of 535 results for "Opposition"

Labor asks for bipartisan consensus on FSI super issues

LAURA MILLAN  |  MONDAY, 8 DEC 2014
Shadow Treasurer Chris Bowen asked the government to work with the opposition to reach "bipartisan consensus on the objectives of the superannuation system," following the release of the Financial System Inquiry (FSI) final report. Bowen said that Labor ...

Murray's FSI: consumers win round one

ALEX DUNNIN  |  SUNDAY, 7 DEC 2014
... super swung wide open - a view that will delight the government looking for a policy angle to politically wedge their Opposition and the union movement. This necessarily throws the spotlight on governance structures, trustee board make-up and accountability. ...

Grandfathering set to become next advice battlefield

LAURA MILLAN  |  FRIDAY, 21 NOV 2014
Advice associations will make grandfathering a priority in their conversations with government and opposition to address the sudden disallowance of the government's changes to the Future of Financial Advice (FoFA) legislation. "We are quite confident ...

Original FoFA laws take immediate effect

JAMES FERNYHOUGH  |  THURSDAY, 20 NOV 2014
... dollars. Financial Planning Association chief executive Mark Rantall, meanwhile, said it would have "chaotic effects". Opposition spokesperson for financial services Bernie Ripoll, however, downplayed these claims, saying: "The [original] FoFA laws were ...

Industry furious at financial advice swap

AAP & ALICE URIBE  |  THURSDAY, 20 NOV 2014
... the support of Senator Lambie and PUP ally Ricky Muir. But on Wednesday both senators announced they would back the opposition, helping give Labor the numbers needed for a disallowance motion. Senator Lambie blamed parliamentary inexperience for her ...

FoFA disallowance could put industry into breach of law

LAURA MILLAN  |  WEDNESDAY, 19 NOV 2014
... government legislation until defence personnel are offered an increased pay deal was key to giving the majority to the opposition. The Financial Planning Association (FPA) condemned the disallowance, arguing that "this disallowance motion has the potential ...

Hockey accuses Labor of making "a mess" of FoFA

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
... that he had to introduce 16 amendments on the floor of the House to his own bill," Hockey said. "The now leader of opposition was so embarrassed about his own laws in relation to financial advice that he introduced an original explanatory memorandum ...

Opposition wants to postpone vote on FoFA bill

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
Labor and the Greens have asked the government to postpone again the vote on the changes to the Future of Financial Advice (FoFA) legislation until the Financial System Inquiry (FSI) releases its conclusions. "Labor Senators urge the government to withdraw ...

Govt seeks discretion to freeze super guarantee

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... gives the minister discretion to raise it to as much as 12%. However, it does not allow the minister to lower the SG. Opposition lead Bill Shorten attacked the measure, saying the government had broken its promise not to bring in any adverse changes ...

Government tables FoFA bill in House of Reps

LAURA MILLAN  |  WEDNESDAY, 27 AUG 2014
... Representatives, reigniting the political debate around financial planning legislation. The government's move follows the opposition's failed attempt to disallow the proposed changes in a Senate vote. A last minute deal with Palmer United Party (PUP) ...