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Showing 321 - 330 of 1269 results for "Labor"

Labor responds to Royal Commission final report

JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
The Labor Party will look to ban the payment of grandfathered commissions by January 2020 if successful at the upcoming Federal election. Responding to the final report, Shadow Treasurer Chris Bowen said the party has already tabled a bill to end the ...

Royal Commission and its one canoe message is on point

HARRISON WORLEY  |  MONDAY, 25 FEB 2019
... Robert addressed the strong final day crowd. He said the Federal Government wanted to see the SMSF industry grow. Robert said Labor's franking credit policy was entirely aimed at the SMSF sector, and intended to shrink it by forcing people into APRA ...

No one-size-fits-all approach to franking changes

HARRISON WORLEY  |  FRIDAY, 22 FEB 2019
Investment experts are split on how SMSFs should invest if Labor's proposed franking credit refund policy is enacted. On day two of the Self-managed Super Fund Association's national conference in Melbourne this week, a panel of experts representing ...

Super needs a clear objective: Cooper

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... will continue to be in the interests of other areas, not the retirement savings of Australians. Referring specifically to Labor's proposed franking credit changes - which have been discussed at length throughout the conference - Cooper said Labor's changes ...

SMSFA turns up the heat on franking debate

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... said. Shortly afterwards, Prime Minister Scott Morrison delivered a video message and also took the opportunity to go after Labor. This is a vital time for the SMSF sector, Morrison said. Equating the policy to theft, he said: "We have a fight on our ...

Government carves out super deal

HARRISON WORLEY  |  FRIDAY, 15 FEB 2019
... Amendment (Protecting Your Superannuation Package) Bill 2018 passed the Senate after a deal was struck with the Greens and after Labor refused to guide the legislation without amendments. However, the Federal Government made significant concessions to ...

Government moves on Royal Commission super recommendations

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... integral part of our retention strategy," Elia said at the time. In a media release, Treasurer Josh Frydenberg called on Labor to support the Government's actions, with the legislation before the Senate. "The Government calls on Bill Shorten and ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... appears that the RBA continues to hitch its star on the improving labour market and its impact on wages. "The outlook for the labor market remains positive. The unemployment rate is 5%, the lowest in six years. With the economy expected to continue to ...

Royal Commission sobering and overdue: Labor

DARREN SNYDER  |  TUESDAY, 5 FEB 2019
Shadow Treasurer Chris Bowen said a Labor government will establish a Treasury taskforce to help implement all of the recommendations from the banking and financial services Royal Commission. Responding immediately after the public release of the Royal ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
The banking, superannuation and financial services Royal Commission has made 76 recommendations to address industry misconduct and Treasurer Josh Frydenberg said the Federal Government will act on each of them. The Treasurer has put the blame of industry ...