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Showing 241 - 250 of 2246 results for "Council"

Wholesale investor test changes on ice: Parliamentary committee

KARREN VERGARA  |  FRIDAY, 4 OCT 2024
... $250,000 per annum for the last two years as verified by a professional accountant's certificate. The Financial Services Council (FSC) proposes changing the net asset threshold to $5 million, including the family home. It also recommends a two-year ...

Super for housing debate heats up

ANDREW MCKEAN  |  MONDAY, 23 SEP 2024
... housing without increasing demand... and this isn't it," Jones said. The report by Eslake, commissioned by the Super Members Council, said there is nearly six decades of evidence showing that when housing demand exceeds supply, policies that enable people ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... Budget, according to a Corinna Economic Advisory report by Saul Eslake. In the report commissioned by the Super Members Council (SMC), Eslake said that decades of evidence clearly show that when housing demand outstrips supply, policies which have allowed ...

Super to be paid on parental leave from July 2025

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... was to be equivalent to the value of their super entitlement. Its attempts were met with criticism, with Super Members Council saying allowing superannuation to become optional undermined the policy's intent altogether, being to boost the super balances ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... quarterly. Treasury estimates some 8.9 million employees will benefit from higher retirement savings as a result; Super Members Council estimates show the average affected worker misses out on $1800 in super each year, or $30,000 at retirement. Under ...

FSU steps up calls for reproductive leave policies

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... campaign for Fair Work Act reform to legislate 12 days of paid reproductive leave. The law firm also supports the Queensland Council of Unions' push to introduce 10 days of non-cumulative, paid leave to cover things like menopause and menstruation ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... annual rates. Inflation should then decline towards our target over the second half of next year," the ECB's Governing Council said. Domestic inflation, however, remains high as Europeans' wages are rising at an elevated pace. Labour cost pressures on ...

Genetic test results to no longer hinder life cover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 SEP 2024
... have already banned the use of genetic test results in underwriting, including Canada in 2017. Responding to the news, Council of Australian Life Insurers chief executive Christine Cupitt said the association fully supports the ban. "Australia's ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... should they need immediate support with the costs of caring for their newborn they have that choice too." The Super Members Council (SMC) said the Coalition's support for paying super on Commonwealth Parental Leave Pay is very welcome - but its bid ...

Superannuation objective legislation hits Senate floor

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... particularly lower income earners can experience a dignified retirement," she added. Earlier this week, Super Members Council (SMC) called on all Senators to pass the bill swiftly. The SMC said the bill would serve as a "guiding light for future policy ...