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Showing 11 - 20 of 27 results for %22Liberal MP Tim Wilson%22

Super for house deposits will push up prices: ASFA

KANIKA SOOD  |  MONDAY, 15 MAR 2021
... superannuation savings to buy property will push up house prices and worsen affordability for low-income earners, says ASFA. Liberal member of parliament Tim Wilson is currently campaigning to let Australians use their superannuation savings to pay for ...

Turnbull calls out Wilson, Bragg

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... wrong". Speaking with Industry Super Australia chair Greg Combet, Turnbull said whilst he has the upmost respect for his Liberal party colleagues, the suggestion to pull money from super to enter the housing market is ridiculous. "The proposition that ...

Big super locking Aussies out of homes: Wilson

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
Industry Super Australia says recent comments by Liberal MP Tim Wilson that "big super" is locking young Aussies out of the housing market are "scary". Wilson said the fact that first home buyers are unable to access their retirement savings to go towards ...

Future Super, Verve accused of misleading members

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 FEB 2021
... misleading consumers who are unlikely to understand the funds' relationship to Diversa Trustees. During questioning, Liberal MP and committee chair Tim Wilson questioned Future Super and Verve on the funds' allocations to BetaShares ETFs. "It ...

Australians Googling for advice

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... issues that drove these conversations were: real estate agents advising clients to withdraw superannuation to pay rent, and Liberal member of parliament Tim Wilson's social media posts encouraging people to use superannuation to buy property, according ...

ISA calls SG increase delay a tax grab

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 JAN 2021
... plan to make the legislated increase to 12% optional. The story was based off information from an anonymous source, but Liberal MP Tim Wilson took to Twitter to anticipate any backlash the idea might receive. "Just wait for the shrill outrage that workers ...

Super fund execs accused of quasi-insider trading

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
Liberal MP Tim Wilson has accused executives at super funds of switching options during recent market volatility, in behaviour he likened to insider trading. During questioning of ASIC and APRA at the Standing Committee on Economics, Wilson suggested ...

ISPT writes down assets

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
... Separately, Leigh told the hearing that the lineup of super stakeholders called before the committee today was selected by the Liberal Party and that requests by the Labor Party to have those funds that fronted the Royal Commission appear were ignored. ...

ME Bank chief resigns

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
... At the start of June, McPhee appeared before the Standing Committee on Economics where he faced tough questioning from Liberal MP Tim Wilson over the bank's handling of the adjustment of redraw balances for some mortgage customers. Earlier in the ...

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... approved for early release by the Australian Tax Office. Labor MP Andrew Leigh expressed concern that chair of the commission Liberal MP Tim Wilson was only enquiring about conflicts of interests in industry superannuation funds and not in retail funds. ...