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Showing 11 - 20 of 365 results for %22Senate committee%22

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... he said. Meanwhile, the SMSF Association and Australian Shareholder Association (ASA) voiced relief over the Senate Committee's recommendations. SMSF Association chief executive Peter Burgess hailed the Senate Committee's decision as an opportunity for ...

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
During a Senate Economics Committee session yesterday, it was revealed that APRA is investigating the financial relationships between superannuation funds and unions. APRA deputy chair Margaret Cole confirmed the regulator's ongoing scrutiny into certain ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... indicator was 6.5% in April, lower than 6.9% recorded in March," she said. Although RBA governor Phillip Lowe told the Senate economics committee yesterday that the central bank is confident inflation will come back to around 3% by mid-2025, he attributed ...

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... 3.85% last month, Reserve Bank of Australia (RBA) governor Philip Lowe says so far, the strategy is working. Lowe told the Senate economics committee this morning that the central bank is confident inflation will come back to around 3% by mid-2025. "By ...

More PwC staff to go, will remain anonymous

CASSANDRA BALDINI  |  TUESDAY, 30 MAY 2023
... fully understand and acknowledge the calls for PwC to release the names of the individuals in the emails released by the Senate on 2 May 2023," said Stubbins. "There has been an assumption by some that all those whose names have been redacted must necessarily ...

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... over proposed laws that will impact franking credits for distributions funded by capital raisings. In a submission to the Senate Economics Committee, due to report on May 26, the SMSF Association said that amendments in Schedule 5 to the Bill - Treasury ...

Could a four-day workweek save the day?

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... role in closing the gender pay gap in retirement. This month, Labor and Greens senators backed a recommendation by the Senate work and care committee to trial a four-day work week at full pay. The committee, chaired by Greens senator Barbara Peacock ...

Invest Blue trials nine-day fortnight for advisers

CASSANDRA BALDINI  |  MONDAY, 13 MAR 2023
... the financial advice firm is the latest to try a less traditional working week. The announcement follows a new Senate committee report backing the move to a four-day working week and a national trial involving 20 organisations across a range of industries ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
A Senate Economics Committee inquiry will scrutinise the government's proposed changes to franking credits, which target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced ...

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
... longer term inflation expectations well anchored," he said. Earlier in the week, Powell gave an identical speech before the Senate Banking, Housing and Urban Affairs Committee following the submittal of the semiannual monetary policy report to Congress. ...