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Showing 11 - 20 of 50 results for "Lower House"

Life insurance commissions bill passes lower house

ALEX BURKE  |  WEDNESDAY, 30 NOV 2016
Significant changes to life insurance commissions for advisers from 2018 are almost a reality following The Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 passing in the House of Representatives. Should the legislation also ...

Australian elections just gave uncertainty a top up

BENJAMIN ONG  |  MONDAY, 4 JUL 2016
... highlighted by wins by independent Nick Xenophon's Team (expected to gain three seats in the Senate and two in the Lower House) and the return of xenophobic Pauline Hanson to the senate. In his victory speech, Nick declared that, "we have broken the ...

US Senate votes down adviser fiduciary rule

ALEX DUNNIN  |  TUESDAY, 31 MAY 2016
... Senate's 100 votes it means about a dozen Democrats crossed floor in favour of the Bill. The Senate's vote follows the lower house of Congress passing a similar Bill last month. The reform to compel retirement advisers to act in the clients' best interests ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 12 MAY 2016
... component jumped by 12.1% over the month - underscoring the impact of the recent RBA rate cut - amid expectations of lower house prices (house price expectations index down by 2.7% in May). The "time to buy a major household item" component increased ...

MetLife US proactive lobbying lesson for Aust

ALEX DUNNIN  |  TUESDAY, 9 DEC 2014
... recognises these prudential differences. The bi-partisan bill was passed by the Senate on 3 June 2014 and just needs lower house approval in order to become law. MetLife said the new legislation is necessary because the Federal Reserve Board has said ...

The good oil

BENJAMIN ONG  |  WEDNESDAY, 15 OCT 2014
Say it again, Homer. "I'm in a place where I don't know where I am!" For those who've just tuned in, Wall Street was going, even sending the S&P 500 index up by 1.3% overnight, until it slipped... on oil. The action du' nuit is captured in Bloomberg's ...

Govt seeks discretion to freeze super guarantee

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... power to further delay the rise of the superannuation guarantee to 12%, following the passage of legislation in the lower house yesterday. The legislation was part of a large suite of amendments labelled the Minerals Resource Rent Tax Repeal and Other ...

High earners to pay more tax soon

AAP  |  MONDAY, 16 JUN 2014
... Opposition Leader Bill Shorten on $380,000, the extra tax amounts to about $3800. The tax laws amendment package passed the lower house in May. The deficit levy represented the government's "double standards" and unfair budget, she told parliament.

Senate Economics Committee to hold inquiry on FoFA bill

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
... the Senate on June 16. The decision is a "normal procedure" as the committee examines the bills introduced to the lower house and selects the ones that need to go through an inquiry before being tabled in the Senate. The House of Representatives is likely ...

AFA to lobby on FoFA through grassroots campaign

LAURA MILLAN  |  MONDAY, 10 FEB 2014
... work in representing them by asking them to engage personally with their federal elected representatives in both the lower house and the Senate," the AFA chief executive Brad Fox said in an email to the media. "We think it is incumbent on us to ensure ...