Search ResultsShowing 11 - 20 of 100+ results for "Labor Party"
Macquarie axes SMSF residential property loans
ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... by the limited recourse borrowing arrangement between the SMSF and a related party, an associate to the fund. The Labor party have also indicated that they plan to effectively ban all new limited recourse borrowing arrangements in SMSFs if they are e ...
Labor responds to Royal Commission final report
JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
The Labor Party will look to ban the payment of grandfathered commissions by January 2020 if successful at the upcoming Federal election. Responding to the final report, Shadow Treasurer Chris Bowen said the party has already tabled a bill to end the ...
Royal Commission and its one canoe message is on point
HARRISON WORLEY  |  MONDAY, 25 FEB 2019
... SMSF sector, and intended to shrink it by forcing people into APRA regulated funds. "90% of the franking credits the Labor Party are seeking to claw back are from self-managed super funds," Robert said. "My cautionary message to you is this. In terms ...
Government moves on Royal Commission super recommendations
HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... the Government's actions, with the legislation before the Senate. "The Government calls on Bill Shorten and the Labor Party to support the amendment which acts on two of Commissioner Hayne's recommendations and would immediately enhance accountability ...
LICs defy franking credit refund changes
KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... investors, the majority of which are Australians entitled to the benefits of the franking system. Freeman is urging the Labor Party to reconsider its proposal as he says it's "both inequitable and very unfair." AFIC recorded net profit of $250.3 ...
Knowledge, action gap puts SMSF savings at risk: Research
JAMIE WILLIAMSON  |  MONDAY, 19 NOV 2018
... transfer balance cap once again moved the superannuation goal posts and the recently proposed changes by the Australian Labor Party to remove franking credit refunds could result in a significant reduction in retirement income for many Australians, particularly ...
Labor responds to Royal Commission, sheds light on victims of misconduct
HARRISON WORLEY  |  TUESDAY, 13 NOV 2018
The Labor Party submitted a response to Commissioner Kenneth Hayne's interim report, documenting feedback to the Royal Commission through victims of bank misconduct, including claims banks go out of their way to avoid compensation settlements. In ...
ALP victory to have meaningful impact: Daintree
HARRISON WORLEY  |  FRIDAY, 9 NOV 2018
... portfolio manager adding Australian investment portfolios were "overweight" equities. "One of the flagship policies the Labor party is talking to is abolition of refunds for franking credits for most self-funded retirees. I think that's actually going ...
Afterpay faces senate inquiry
KARREN VERGARA  |  FRIDAY, 19 OCT 2018
The Labor party will launch a senate inquiry into whether regulation around payday lenders such as Afterpay is adequately protecting low and middle income, and financially stressed Australians. Labor senator Jenny McAllister said yesterday that the ...
Labor Government on the cards: Spot poll
KARREN VERGARA  |  THURSDAY, 4 OCT 2018
There is a good chance that the Labor Party will win the next election, Financial Standard's readership says. We recently asked our readers which of the following events will likely eventuate in the next 12 months: a global trade war; China going into ...
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