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Showing 11 - 20 of 35 results for "Universal Super"

Labor, unions, industry funds seethe

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The opposition party, Industry Super Australia (ISA) and unions have criticised the Retirement Income Review and say the super guarantee (SG) must rise. Labor leader Anthony Albanese said the government is looking for excuses to break its promises. ...

Super remains grossly inequitable: Per Capita

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
Australia's superannuation system continues to produce grossly inequitable outcomes between the financial security of Australian men and women in retirement, according to research from Per Capita. The research, titled The Herstory of Superannuation ...

Labor calls for end to war on super

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... worst of the crisis and is critical to building our future," Jones says. "Make no mistake, if the opponents of universal super win, the consequence will be the destruction of jobs, the crippling of economic growth, an increase in taxes and a less secure ...

Labor stands by super

HARRISON WORLEY  |  THURSDAY, 20 FEB 2020
Opposition leader Anthony Albanese has called out an "unholy coalition" attacking superannuation. In a speech in Brisbane on Wednesday, Albanese stepped up to bat for the super system, labelling those questioning the legislated rise in the superannuation ...

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
Superannuation industry professionals are going head to head over Australia's super guarantee system, yet all agree it's time for an upheaval. In a submission to the Treasury's Retirement Income Review Panel, the Actuaries Institute called for universal ...

ISA reaffirms stance on super guarantee

ELIZA BAVIN  |  TUESDAY, 4 FEB 2020
... choice and control in retirement is for the government to keep its promise to increase the super guarantee. "Our universal super system is one of the best in the world but it's still maturing. This is an opportunity to fix any inefficiencies so Australians ...

Class action accuses NAB of super rip-off

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
... members. It names two NAB group entities, MLC Nominees and NULIS Nominees. MLC Nominees was the trustee of The Universal Super Scheme which merged with others to become the MLC Super Fund in July 2016 - NULIS was the trustee of that fund. The class action ...

Opt-out super to hit workers: ISA

HARRISON WORLEY  |  TUESDAY, 21 JAN 2020
... the plans - floated by backbench Coalition MPs last year - would "erode" Australia's "successful" compulsory and universal super system, in addition to hitting them with extra taxes. According to an ISA case study, a 30-year-old working mum earning $50,000 ...

All options open for retirement income review

HARRISON WORLEY  |  FRIDAY, 26 JUL 2019
... in retirement. "Every Australian deserves to be financially secure in their retirement which is why we have a universal super system," Scheerlinck said. "Calls to effectively remove low income earners from the super system have nothing to do with helping ...

Labor pledges tougher unpaid super penalties

KARREN VERGARA  |  MONDAY, 17 DEC 2018
Labor is promising to crack down on "dodgy" employers that underpay or fail to pay superannuation with tougher penalties if it comes to power. Shadow Treasurer Chris Bowen proposed new measures over the weekend in a bid to curb the "enormous issue" ...