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Showing 11 - 20 of 105 results for "Senate Economics Committee"

Industry supports super threshold removal

EMMA RAPAPORT  |  TUESDAY, 20 JUN 2017
... steps to ensure workers receive their superannuation entitlements." The proposal was put forward by the Senate Economics Committee and supported by Liberal Senator Jane Hume and Labor Senator Chris Ketter. It calls for the $450-a-month wage threshold ...

ATO hits back at claims of inadequacy

EMMA RAPAPORT  |  FRIDAY, 5 MAY 2017
The Australia Taxation Office has hit back at claims by the Senate economics committee that its "inadequate" approach to policing superannuation guarantee payments has exacerbated the growing problem of non-compliance. In a press release issued yesterday ...

Wages and super should be aligned: Cbus

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
... allows salary sacrifice to be counted towards superannuation guarantee compliance to be closed. The Senate Economics Committee is holding hearings in Melbourne today into unpaid superannuation and will be making recommendations on how to improve the ...

Industry funds blame ATO for super underpayment

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
... retirement savings, will force more retirees to rely on a government pension. In their submission to the Senate economics committee, the ATO questioned ISA's claim that as many as 30% of employees were missing out on compulsory super payments. It slammed ...

ASFA slams Grattan as 'out of touch'

EMMA RAPAPORT  |  MONDAY, 16 JAN 2017
... one that is delivering a higher standard of living for retirees," Fahy said. In its submission to the Senate Economics Committee's inquiry into the Superannuation (Objective) Bill 2016, the public policy think tank recommended that the committee reject ...

APRA counts life insurance losses

KERRIE SYDEE  |  FRIDAY, 29 APR 2016
APRA has released its submission to the Senate Economics Committee on the inquiry into the scrutiny of financial advice - life insurance, claiming that the profitability of the sector is under strain. The submission argued that weak profitability has ...

ASIC grilled on whistleblower compensation

LAURA MILLAN  |  MONDAY, 9 NOV 2015
Financial compensation for corporate whistleblowers is back on the agenda after the Senate Economics Committee grilled representatives from the Australian Securities and Investments Commission (ASIC). At the latest Senate Economics Committee hearing ...

Governance Institute pulls support for super bill

LAURA MILLAN  |  THURSDAY, 15 OCT 2015
... governance outcomes," a statement from the organisation said. The Governance Institute's submission to the Senate Economics Committee argues that a legislative solution to the issue of board independence "will have unintended consequences, is unlikely ...

Claims of wrongdoing have no basis: IOOF

DARREN SNYDER  |  TUESDAY, 7 JUL 2015
... in compensation to 57 customers of its authorised financial planners during the past two years. The Senate Economics Committee Scrutiny of Financial Advice inquiry continues and the Committee is expected to keep looking at allegations regarding IOOF. ...

IOOF execs asked to face Senate

LAURA MILLAN  |  FRIDAY, 26 JUN 2015
The Senate Economics Committee has invited IOOF executives to appear in a hearing set to be held in Sydney on July 7. The invite has been sent today to IOOF chief executive Chris Kelaher and to the business' head of research Peter Hilton, a spokesperson ...