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Showing 361 - 370 of 468 results for "Superannuation Guarantee"

SG rise through House of Representatives

CLAIRE MCGREAL  |  WEDNESDAY, 23 NOV 2011
... have welcomed the passage of the mining tax package through the lower House, which paves the way for the Superannuation Guarantee hike from 9 to 12 %. The 30 % tax on coal and iron ore profits, which successfully made it through the House of Representatives ...

Abbott: Coalition will not vote for SG but won't rescind it

RACHEL DAVIS  |  FRIDAY, 18 NOV 2011
Opposition leader, Tony Abbott, has made his position clear on the proposed rise in the superannuation guarantee to 12%. Abbott confirmed this morning at a Financial Services Council (FSC) breakfast in Sydney, that while his party will not vote in support ...

Shorten rallies the troop to vote in favour of SG hike

CLAIRE MCGREAL  |  FRIDAY, 11 NOV 2011
... warned against "taking our future for granted", and said there was a generational duty to ensure the superannuation guarantee was raised from 9 - 12 %. "We have a decision to be made in the last part of this year, and the first part of next year. Do ...

Age Pension must be factored into retirement income

RACHEL DAVIS  |  TUESDAY, 8 NOV 2011
... at their projected retirement income, according to global professional services firm, Towers Watson. "Superannuation Guarantee increases notwithstanding, the Age Pension will continue to provide a safety net in retirement," said Andrew Boal, managing ...

MySuper legislation introduced

ELISE BURGESS  |  FRIDAY, 4 NOV 2011
... Australians. "Today, I introduce the first tranche of legislation to implement MySuper. This Bill amends the Superannuation Guarantee Administration Act 1992 and the Superannuation Industry (Supervision) Act 1993 to establish the core framework for MySuper ...

SG Bill enters parliament with strong support

ELISE BURGESS  |  WEDNESDAY, 2 NOV 2011
The Superannuation Guarantee (Administration) Amendment Bill has entered the House of Representatives today with the support of associations and government, with Minister Shorten introducing the abolishment of the age limit. In addition to increasing ...

State Street expands Australian global markets team

CLAIRE MCGREAL  |  TUESDAY, 1 NOV 2011
... established investment market and is forecast to grow further over the coming years, especially if the Superannuation Guarantee increases from 9 to 12 percent," said Ian Martin, senior vice president and head of State Street Global Markets Australia ...

ASFA gets behind phoenix reforms

RACHEL DAVIS  |  MONDAY, 31 OCT 2011
... legislation will empower the Australian Taxation Office (ATO) to legally pursue directors if a company's superannuation guarantee liability and pay-as-you-go (PAYG) tax remain unpaid three months after the due date. Reports on the extent of so-called ...

Eaton Vance launches first Australian domiciled fund

CLAIRE MCGREAL  |  TUESDAY, 25 OCT 2011
... Australia, said it had been developed specifically for the Australian market. "Australia's compulsory Superannuation Guarantee has accumulated a national savings pool of approximately $1.4 trillion, which comprises about 45 percent of Australia's financial ...

Government publishes core elements of MySuper draft

MATT WOODINGTON  |  FRIDAY, 30 SEP 2011
... the Government has now released details around the central aspects of MySuper. These include changes to superannuation guarantee requirements, the application and authorisation processes, the characteristics of a MySuper product and their associated ...