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Showing 11 - 20 of 91 results for "Andrew Bragg"

Cbus confirms CFMEU nominations to board

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... soon, with tenure and committee appointments to be settled. The nominations were questioned last week by Senator Andrew Bragg when Cbus chief executive Kristian Fok fronted the Senate economics committee. When asked whether he believed the nominations ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... Crumlin chaired the severely underperforming Maritime Super for many years prior to its merger with Cbus. Senator Andrew Bragg, as chair of the Senate Economics References Committee, asked Fok whether O'Mara, Crumlin and Weber are members of the ...

Bragg calls for Cbus to front Senate

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Senator Andrew Bragg has called on Cbus chief executive Kristian Fok to face a Senate inquiry over the recent legal proceedings launched by ASIC against the fund and the CFMEU scandal. "The reason that we're having a Senate inquiry in Canberra into ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
Liberal senator Andrew Bragg has introduced a bill to stop the Housing Australia Future Fund (HAFF) from investing in housing projects financed by Cbus. The bill would amend the Housing Australia Future Fund Act 2023 to include an additional limitation ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... their hard-fought for retirement savings is unwavering," the Cbus spokesperson said. Nevertheless, Liberal senator Andrew Bragg contends that the $85 billion industry fund "should move" to a majority of independent directors. Bragg said "the Cbus/CFMEU ...

ASIC to launch new criminal investigation team

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
... bodies will provide a more coherent and consistent approach to corporate regulation and law enforcement," Senator Andrew Bragg said. "We have also recommended a suite of measures to improve governance and transparency. This includes a statutory mandate ...

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... Dixon's parent company E&P Financial Group settled the recent Shine Lawyers-led class action for $16 million. Senator Andrew Bragg has been highly critical of how ASIC has handled the Dixon matter. In 2021, ASIC settled to fine Dixon of $7.2 million ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... capability of ASIC to proportionately respond to reports of alleged misconduct. The inquiry, chaired by Liberal Senator Andrew Bragg, involved five public hearings and received 197 submissions. Handing down its report yesterday, the committee made 11 ...

Coalition's housing policy could cut Commonwealth Rent Assistance costs

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
Senator Andrew Bragg requested a costing analysis on savings in Commonwealth Rent Assistance (CRA) anticipated from the Coalition's proposed super for housing policy. This policy would allow individuals to withdraw up to $50,000, up to a maximum 40% ...

Super funds to solve the housing crisis?

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
... retirement savings and buying a home. While acknowledging that solving the housing crisis won't be easy, Senator Andrew Bragg, speaking on the same panel at the conference, said that the Liberal Party opposes a "corporate housing policy." Although ...