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Showing 191 - 200 of 1209 results for "Parliament"

HESTA takes active approach to class actions

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
HESTA has told the parliament it sees participation in class actions as a form of active ownership. The super fund said it participates in class actions to recover losses but also as a means of encouraging better standards of corporate governance and ...

Another AMP worker recounts campaign of harassment

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 AUG 2020
A new whistleblower has come forward, recounting what amounts to a campaign of harassment and a derailing of her career at AMP, leading several other former employees to do the same. The account from the whistleblower was read to the Senate by Senator ...

ATO announces SMSF age limit changes

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... to three years of non-concessional contributions if they are younger than 67 (rather than 65), is currently before parliament. For the 2004-05 to 2019-20 financial years, a member who is between 65 and 75 years old must have worked at least 40 hours ...

Maurice Blackburn slams FSC

ALLY SELBY  |  MONDAY, 10 AUG 2020
Law firm Maurice Blackburn has slammed the Financial Services Council over its renewed campaign to allow insurers to call the shots on medical claims. Maurice Blackburn principal Josh Mennen said the changes would enable insurers to only pay the medical ...

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... people experiencing income loss and hardship caused by the economic impact of COVID-19. This was the clear intent of Parliament in legislating for increased early access," he said. "The government administration of the scheme appears to have departed ...

ASIC slammed over SMSF data

ANNABELLE DICKSON  |  WEDNESDAY, 5 AUG 2020
The House of Representatives Standing Committee on Economics scrutinised ASIC over its SMSF fact sheet in a public hearing reviewing the 2019 ASIC Annual Report. ASIC's SMSF Fact Sheet published last year outlined that the average cost of running ...

Chief economist update: It's about human life, not human rights

BENJAMIN ONG  |  MONDAY, 3 AUG 2020
... of disaster, that is. As the AFR explains: "Under a state of disaster, police have extra powers and various acts of parliament can be suspended." "There is no question about the enforceability and the way in which new rules are going to operate," Mr ...

ASIC will not appeal wagyu and shiraz decision

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
... Credit Act) to clarify further the enforcement of those principles is ultimately a matter for the Federal Government and Parliament. "Bearing in mind the economic circumstances, it is important to remember that under the National Credit Act, 'responsible ...

HESTA doubles down on climate action

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
... a leaf out of our Kiwi counterparts' book to encourage institutional investment in a green recovery. "New Zealand's Parliament has agreed to long-term Paris Agreement-aligned emission reduction targets and established a Climate Change Commission to deliver ...

Industry super accused of misleading consumers

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
Liberal MP Jason Falinski has accused industry super funds of using the Google AdWords term 'retail super' after BT was fined for using the term 'industry super'. The subject arose as Falinski questioned ASIC during the Senate Parliamentary ...