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Showing 11 - 20 of 113 results for "House of Representatives Standing Committee"

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
AustralianSuper and Cbus faced an extremely hostile questioning from the House of Representatives Standing Committee on Economics, which at times devolved to committee members yelling over one another. AustralianSuper chief executive Ian Silk and Cbus ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... as a positive indication for worker. In May 2020, ME Bank faced scrutiny from the House of Representatives Standing Committee on Economics in regards to its relationship with the 26 industry funds invested in the bank. It was revealed at the time that ...

Diversa, BetaShares relationship probed

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
The House of Representatives Standing Committee on Economics has questioned Future Super, Verve and Diversa Trustees on their relationship with BetaShares. Despite Future Super experiencing impressive member growth and returns recently, committee chair ...

Future Super, Verve accused of misleading members

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 FEB 2021
The House of Representatives Standing Committee on Economics has accused Future Super and Verve of misleading consumers who are unlikely to understand the funds' relationship to Diversa Trustees. During questioning, Liberal MP and committee chair ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... unlikely." This was later stressed by RBA governor Philip Lowe when he testified before the House of Representatives Standing Committee on Economics on August 14. "...negative interest rates in most countries do impair the profitability and efficiency ...

Super fund boss remuneration on the agenda

KARREN VERGARA, ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... reduce, a public hearing found. Hostplus chief executive David Elia appeared before the House of Representatives Standing Committee on Economics yesterday, answering questions about the impact the global pandemic is having on executive pay. Chair Tim ...

AMP swears it will change

ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... mutual trust and respect, which in turn drives high performance." Meanwhile, at the House of Representatives Standing Committee on Economics public hearing AMP chief executive Francesco De Ferrari was peppered with questions about AMP's recent scandals. ...

ERS sees Cbus members forfeit TPD cover

ANNABELLE DICKSON  |  FRIDAY, 11 SEP 2020
... seeing the cancellation of their total permanent disability insurance. Speaking at the House of Representatives Standing Committee on Economics Cbus chief executive Justin Arter said members are typically working in dangerous occupations and would be ...

ISPT writes down assets

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
... resulted in, as it processes about 1400 requests for rental relief. Appearing before the House of Representatives Standing Committee on Economics this morning, ISPT chief executive Daryl Browning told chair Tim Wilson that a review of the trust's assets ...

Super funds to face parliamentary grilling

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
... biggest super funds are set to face parliamentary scrutiny tomorrow as part of the House of Representatives Standing Committee on Economics ongoing review. Hostplus, AMP and Cbus are three of the big names set to front the committee in the hearings tomorrow ...