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Showing 211 - 220 of 334 results for "Minister for Financial Services"

Shorten defends low-income super contribution

MELANIE TIMBRELL  |  FRIDAY, 14 SEP 2012
... some parts of the super tax system may be called on to fund recent health and education projects, Minister for Financial Services Bill Shorten has declared the rebate for low-income earners safe. The Labor scheme, announced in 2010 cuts contributions ...

Treasury seeks to boost APRA powers

MELANIE TIMBRELL  |  THURSDAY, 13 SEP 2012
... powers would prove insufficient to enable it to intervene effectively in the event of a crisis. Minister for Financial Services Bill Shorten said that four years after the collapse of Lehman Brothers, the consultation paper formed "part of an ongoing ...

Asset Super and CareSuper merger set for October

MELANIE TIMBRELL  |  MONDAY, 3 SEP 2012
... capital gains tax (CGT) relief was a subsequent barrier to the swift completion of the amalgamation. Minister for Financial Services and Superannuation Bill Shorten announced earlier this year that the Government would extend optimal loss relief for ...

Passing of IMR bill to attract foreign investors: Shorten

BEN COLLINS  |  FRIDAY, 24 AUG 2012
... amendment, which removes uncertainty that had been a barrier to overseas investment, said Bill Shorten, minister for financial services and superannuation. Amendments to the Investment Manager Regime were passed in Parliament yesterday, which the Government ...

Shorten reins in employer involvement in default super

MELANIE TIMBRELL  |  THURSDAY, 23 AUG 2012
Minister for Financial Services Bill Shorten has been accused of 'gazumping' the Productivity Commission inquiry into default super by moving to head off options that would give employers more choice in fund selection. The Minister yesterday pointed ...

Super governance Bill passes amid cries of favouritism

BEN COLLINS, MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
... interests and giving APRA power to make prudential standards for superannuation. Bill Shorten, minister for financial services and superannuation has accused the Coalition of being all talk and no walk when it comes to superannuation governance. "I am ...

No roadblocks to success: Cormann

BEN COLLINS  |  FRIDAY, 3 AUG 2012
Mathias Cormann, Shadow Assistant Treasurer and Shadow Minister for Financial Services and Superannuation, came out swinging yesterday, accusing the Federal government of implementing "chaotic and unpredictable" regulations. Cormann swore a "blood oath ...

Cormann criticises trust reform delay

MELANIE TIMBRELL  |  MONDAY, 30 JUL 2012
Shadow Minister for Financial Services Mathias Cormann has criticised an additional delay on promised tax reform for managed investment trusts. In a statement issued this morning following news Assistant Treasurer David Bradbury would announce the delay ...

$2.8bn in lost super found

LINDA HAUSKEN  |  WEDNESDAY, 4 JUL 2012
... now at $17.4bn, a 14% fall from the previously reported total of $20.2 billion. Bill Shorten, minister for financial services and superannuation, said the lost super figures released today were a step in the right direction and demonstrated that the ...

Former Ansett workers get $16m super payback

LINDA HAUSKEN  |  MONDAY, 2 JUL 2012
... a long time for their entitlements and for this process to come to an end," said Bill Shorten, minister for financial services and superannuation. "The collapse of Ansett was a significant moment in Australia's recent history, and as much of an impact ...