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Showing 11 - 20 of 1276 results for "Labor"

Treasury opens CSLR funding, sustainability consultation

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
Treasury has opened its long-awaited consultation on the sustainability of the Compensation Scheme of Last Resort (CSLR) and the best way for the industry to fund it. Minister for financial services Daniel Mulino is seeking options on how the CSLR can ...

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
When Melinda Kee was sick with COVID-19, she took respite for one week. Kee saw it as an opportunity to tick off some personal administration she'd been meaning to get to, such as changing her pet and health insurance, and electricity and gas providers. ...

Senate report provides fuel for CGT discount tweak

JAMIE WILLIAMSON  |  THURSDAY, 19 MAR 2026
... toying with the idea of reducing the discount for some time; it, along with removing negative gearing, was a commitment the Labor party took to the 2019 election. Independent MP Allegra Spender released a whitepaper this month which called for the CGT ...

Division 296 legislation passes, LISTO to increase

MATTHEW WAI  |  WEDNESDAY, 11 MAR 2026
... "Let's face it, because this legislation... is simply a tax. It's just more tax, and that seems to be the solution that Labor has to every single problem." She added that the Coalition tried to make the system "fairer and stronger" when they ...

Chalmers releases retirement phase reforms

ELIZA BAVIN  |  TUESDAY, 24 FEB 2026
... quality retirement outcomes after a lifetime of saving, consistent with the objective of superannuation," Chalmers said. "Labor built the superannuation system, and these reforms build on our work making the system stronger, fairer and more sustainab ...

OneVue adviser exits dents Praemium's FUA

KARREN VERGARA  |  MONDAY, 23 FEB 2026
Praemium has lost $827 million in gross outflows mostly related to financial advisers from OneVue exiting after it finalised the acquisition of the platform last December. The group reported a total of $70.5 billion in funds under administration (FUA) ...

Opposition leader unveils fresh shadow cabinet

RIDDHIMA TALWANI  |  WEDNESDAY, 18 FEB 2026
... handling of the issue. Senator Claire Chandler has been appointed as shadow finance minister. "Senator Chandler will hold Labor to account for its budget blowouts and skyrocketing debts," Taylor said. Meantime, former financial services minister Senator ...

Praemium ramps up digitisation, cuts headcount by 28%

KARREN VERGARA  |  TUESDAY, 17 FEB 2026
Praemium is ramping up its workforce digitisation by culling nearly 30% of its total number of employees who mainly work in information technology-related roles. The move comes off the back of the acquisition of Technotia Group for $7.5 million, which ...

Division 296 bill tabled, suggested reforms fall on 'deaf ears'

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
... supports many of the measures contained in the bill but it should never have been "stitched together" with unrelated measures. "Labor has effectively cobbled together a grab bag of largely unrelated measures and wrapped them up around a contentious measure ...

Shadow Minister for Financial Services Pat Conaghan resigns

ELIZA BAVIN  |  THURSDAY, 22 JAN 2026
Shadow Treasurer and Minister for Financial Services Pat Conaghan has resigned from the shadow ministry, effective immediately. Conaghan has been very outspoke on the collapse of Shield and First Guardian and a vocal critic of ASIC's handling of ...