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Showing 11 - 20 of 29 results for "Assistant Treasurer Bill Shorten"

Industry looks to draw line under reforms

MATT WOODINGTON  |  THURSDAY, 4 AUG 2011
By comparing the government to a gestating sperm whale at the FSC conference, Assistant Treasurer Bill Shorten made light of slow progress implementing financial services reforms but patience is wearing thin within the industry. Shorten himself has ...

Government bowing to pressure on super risk commissions

MATT WOODINGTON  |  THURSDAY, 4 AUG 2011
... advice in September. Speaking at the Financial Services Council conference on the Gold Coast, Assistant Treasurer Bill Shorten said that although no final decision had been made, pressure from the financial planning industry and within his own party ...

Government takes no sides in industry-retail super split

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
... fees. Paul Costello, chairman of the Stronger Super Peak Consultative Group last week handed Assistant Treasurer Bill Shorten the group's report on the MySuper reforms. The group could not reach agreement on the proposal to have a single fee structure ...

Bank of Melbourne relaunches with plans for 90 new branches

ALISON BEVEGE  |  MONDAY, 25 JUL 2011
... 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 Kim Wells, from the Liberal party. ...

Govt responds to self-funded retirees

ELISE BURGESS  |  TUESDAY, 12 JUL 2011
... Self-funded retirees may not be left out in the cold in the new carbon tax scheme after all, with Assistant Treasurer Bill Shorten announcing more package highlights to Tasmanian retirees. Yesterday self-funded retirees expressed concern of being ignored ...

Govt closes in on phoenix super dodgers

ELISE BURGESS  |  WEDNESDAY, 6 JUL 2011
... personally liable, after releasing draft legislation and calling for submissions from the industry. Assistant Treasurer Bill Shorten said yesterday that the government will strengthen obligations of companies and directors to prohibit phoenix companies ...

Super heavyweights join forces

ELISE BURGESS  |  WEDNESDAY, 22 JUN 2011
... Association of Australia (SPAA) and the Financial Services Council (FSC) have submitted a proposal to assistant treasurer Bill Shorten to cut the planned threshold, calling the threshold too complex. Instead the associations are calling for a concessional ...

Pollies clash over SG

ELISE BURGESS  |  MONDAY, 20 JUN 2011
... exchanging words over the move to raise superannuation guarantee (SG) from 9 to 12 per cent with assistant treasurer Bill Shorten calling the Coalition's attitude towards superannuation "belligerent". Speaking at a union's investment forum in Sydney ...

Shorten ups Trio super levy to $750,000

ELISE BURGESS  |  WEDNESDAY, 8 JUN 2011
... million for the victims of failed investment firm, Trio Capital. Under new regulations announced, Assistant Treasurer Bill Shorten has raised the maximum levy payment amount for the 30 largest super funds from $500,000 to $750,000. The levy will apply ...

Shorten responds to bias accusations

ELISE BURGESS  |  FRIDAY, 3 JUN 2011
Assistant Treasurer Bill Shorten has refuted claims made by planner association critics that have suggested his FOFA reforms are an industry funds puppet, with a spokesman labelling the claims as "a bit rich". Yesterday the Association of Financial ...