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Showing 231 - 240 of 334 results for "Minister for Financial Services"

Industry rejects changes to super tax

MELANIE TIMBRELL  |  MONDAY, 23 APR 2012
... incentives for voluntary savings would undo decades of work to encourage self-funded retirement. Shadow Minister for Financial Services and Superannuation, Senator Mathias Cormann called the proposed changes a "tax grab," saying the move was indicative ...

Market solutions favoured in OTC derivative reform

MELANIE TIMBRELL  |  FRIDAY, 20 APR 2012
... "market driven solutions," according to a joint statement from Wayne Swan, Treasurer, Bill Shorten, Minister for Financial Services and Bernie Ripoll, Parliamentary Secretary to the Treasurer. "The Council advises that it does not consider restrictions ...

Shorten demands clarity of stance on SG rise

MELANIE TIMBRELL  |  MONDAY, 26 MAR 2012
Minister for Financial Services Bill Shorten has hit back at the opposition leader's comments on the superannuation guarantee increase, asking for a clarification of position. Last week's passage of the minerals resource rent tax legislation with changes ...

FOFA passing causes industry division

ELISE BURGESS  |  FRIDAY, 23 MAR 2012
... through the House of Representatives to very mixed reactions from the wealth management industry. Minister for Financial Services Bill Shorten called the legislation "historic reforms" that complement the current upgrade of the superannuation industry. ...

Govt launch MRRT super site

ELISE BURGESS  |  MONDAY, 19 MAR 2012
... projected improvement in their retirement savings. In a joint statement with the Bill Shorten, Minister for Financial Services & Superannuation, Deputy Prime Minister and Treasurer Wayne Swan said that under the proposed Minerals Resource Rent Tax (MRRT) ...

Second exposure draft on IMR laws released

MELANIE TIMBRELL  |  THURSDAY, 8 MAR 2012
... consultation and to working with industry to implement these important reforms," said Bill Shorten, Minister for Financial Services and Superannuation in a statement issued yesterday. The Government announced the final element of the IMR on December ...

New super bill enters parliament

ELISE BURGESS  |  FRIDAY, 2 MAR 2012
... concessional cap is not expected to increase from $25,000 to $30,000 until 2014-15. Bill Shorten, Minister for Financial Services and Superannuation, said the bill will allow for better reporting practices and more flexibility around excess contributions. ...

Bendigo Wealth opts for scaled advice ahead of FOFA

MELANIE TIMBRELL  |  TUESDAY, 21 FEB 2012
... outcome for consumers at the end of the legislative process, currently being driven by Bill Shorten, Minister for Financial Services and Superannuation," said Tullio. "There is significant interest in our low-cost product, SmartStart Super?, demonstrated ...

New MLC unit focuses on accountants servicing SMSFs

MELANIE TIMBRELL  |  WEDNESDAY, 15 FEB 2012
... changes to licensing as a result of the FOFA reforms, although it pre-empts an announcement by Minister for Financial Services and Superannuation, Bill Shorten on the exact nature of what advice will be included in the streamlined licence proposed under ...

APRA MySuper changes burden for industry

MELANIE TIMBRELL  |  MONDAY, 6 FEB 2012
... announced in November 2011 is inconsistent with the Stronger Super Information Pack, issued by Minister for Financial Services and Superannuation, Bill Shorten in September 2011. The Information Pack indicated a fund would be able to seek authorisation ...