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Showing 261 - 270 of 340 results for "Minister for Financial Services"

Govt provides reverse mortgage guarantees

ELISE BURGESS  |  MONDAY, 8 AUG 2011
... of draft legislation to increase protection around reverse mortgages. Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, claims the extra protection will reduce negative equity and offer certainty about what will ...

Bank of Melbourne relaunches with plans for 90 new branches

ALISON BEVEGE  |  MONDAY, 25 JUL 2011
... to 50. Traditional political party foes buried the hatchet for the launch with Labor's Federal Minister for Financial Services and Assistant Treasurer Bill Shorten attending the ceremony at the Richmond branch in Melbourne alongside Victorian Treasurer ...

ASIC jobs cut as responsibilities rise

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
... million. ASIC has a total headcount of 1850 people. In a response to a question on notice from Shadow Minister for Financial Services Senator Mathias Cormann, Medcraft confirmed that 43 of those staff took voluntary redundancies while 16 were forced. ...

Govt invites input on move to halve tax on savings

ALISON BEVEGE  |  THURSDAY, 14 JUL 2011
... have the chance to comment on the Federal Government proposal to halve taxes on interest income. Minister for Financial Services Bill Shorten has released a discussion paper outlining the move to a 50% tax discount on up to $500 of income earned from ...

Govt $41m finance centre launches new projects

ELISE BURGESS  |  MONDAY, 11 JUL 2011
... funding allocations to research projects including High Frequency Trading. Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, and Deputy Premier of NSW and Minister for Trade and Investment, Andrew Stoner, named ...

Medicare to handle compassionate super payouts

MATT WOODINGTON  |  THURSDAY, 7 JUL 2011
... members experiencing undue hardship because of their personal circumstances," said Bill Shorten, minister for financial services and superannuation. The average sum paid out on compassionate grounds in the last financial year was $11,316.

AFA meets Independents, Greens, Shorten adviser

ELISE BURGESS  |  FRIDAY, 24 JUN 2011
... Financial Advisers (AFA) has met with the key independent MPs, the Greens and the adviser to the Minister for Financial Services and Superannuation, Bill Shorten, to discuss reforms for the advice industry. Chief executive of the AFA, Richard Klipin ...

Labor moves to justify super existence

MATT WOODINGTON  |  THURSDAY, 23 JUN 2011
... opposition party on the government's proposal to take the superannuation guarantee from 9 to 12%, Minister for Financial Services and Superannuation Bill Shorten set out to justify the whole idea. In a speech titled 'The Goal of Lifetime Income Security' ...

Govt to refund super tax for 3.5 million

ELISE BURGESS  |  THURSDAY, 16 JUN 2011
... from 1 July 2012 for 3.5 million Australians who earn less than $37,000, assistant treasurer and minister for financial services and superannuation, Bill Shorten, announced today. Designed to boost lower income earnings superannuation savings, those ...

Planners risk trouble opposing FOFA

ALISON BEVEGE  |  FRIDAY, 20 MAY 2011
... product providers are banned from employing financial planners, if the reforms fail to pass. Shadow Minister for Financial Services Senator Mathias Cormann said yesterday he would repeal two elements of FOFA widely unpopular among planners if elected ...