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Showing 381 - 390 of 1326 results for "Parliament"

Super trustees to formulate whistleblower policies

KARREN VERGARA  |  MONDAY, 12 AUG 2019
... companies, deter wrongdoing within companies and foster an ethical culture. The Whistleblower Protections Act was passed by Parliament on 19 February 2019. It received royal assent on 12 March 2019. The reforms commenced on 1 July 2019, aiming to provide ...

Document leak puts NAB under the pump

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... refer the auditing sector to an inquiry by the Parliamentary Joint Committee on Corporations and Financial Services in Parliament yesterday, with a final report due by March 1 2020.

All options open for retirement income review

HARRISON WORLEY  |  FRIDAY, 26 JUL 2019
... the difficulties faced by Australians living on the age pension without extra savings. Meanwhile, both sides of the Parliament yesterday launched into each other over super policy, with Labor MPs - lead by Shadow Minister for Financial Services Matt ...

Government to close super salary sacrifice loophole

KARREN VERGARA  |  THURSDAY, 25 JUL 2019
... introduced a raft of tax measures under Treasury Laws Amendment (2019 Tax Integrity and Other Measures No. 1) Bill 2019 in Parliament on July 24. One of the proposals aims to protect superannuation balances by closing a legal loophole that stops employers ...

Member interests delay recommended

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
... Economics Legislation Committee has recommended MPs waive the Government's member interests superannuation reforms through Parliament, almost untouched. Releasing the report into its inquiry of the Putting Members Interests First Bill (PMIF), the committee ...

Open Banking gets another shot in parliament

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
... Banking changes that would give consumers access to and control of their own financial data. The bill was reintroduced to Parliament and read today. Treasurer Josh Frydenberg said the legislation is designed to give consumers more power and allow them ...

SG debate puts super in a spin

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
The superannuation sector is in a spin over the super guarantee, despite the Government committing to its legislated increase to 12%. In a media release, the peak-body for industry superannuation, Industry Super Australia, fired a shot across the Government's ...

Reform implementation timeframe too short: AustralianSuper

HARRISON WORLEY  |  WEDNESDAY, 17 JUL 2019
... their membership by 1 August 2019 is not a fair and reasonable request of funds or their members," Mine Super said. "Parliament does not resume sitting until 22 July and this Bill is yet to be debated in either the House of Representatives or the Sen ...

Politicians dishonest about fraud: VOFF

HARRISON WORLEY  |  MONDAY, 15 JUL 2019
... adopted by Jones and former Minister of Superannuation Bill Shorten. VOFF reminded Jones of a speech Jones gave to Parliament in July 2011, where he supported the victims of the Trio fraud. "I have the greatest compassion for those good folk who have ...

Increasing SG costly for middle Australia: Grattan

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
Lifting the Superannuation Guarantee will make middle-income earners poorer over their entire lifetime, new Grattan Institute research shows. Raising the SG from 9.5% to 12% would see a 30-year-old worker fork out $30,000 over their lifetime, Grattan ...