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Showing 21 - 30 of 139 results for "Labor Government"

Limiting negative gearing could add $2bn in annual revenue

ELIZA BAVIN | MONDAY, 30 SEP 2024

... year, according to new research from the Grattan Institute. This comes as Treasurer Jim Chalmers has said the Labor government wouldn't be making any changes to negative gearing rules before the next election. "When it comes to negative gearing changes ...

Independent MPs call for super reforms

ELIZA BAVIN | WEDNESDAY, 14 AUG 2024

... controversial legislation introduces a 30% tax rate for superannuation earnings exceeding $3 million from 2025-26. The Labor government has said the change would only impact around 80,000 people. The MPs - including Kylea Tink, Kate Chaney, Zoe Daniel ...

WAM calls to save in-person AGMs

ELIZA BAVIN | FRIDAY, 26 JUL 2024

... the same freedoms to shareholders to face the board in the way they might like and has made a submission to the Labor government to not allow virtual only events. "As the investment manager for eight leading listed investment companies, WAM invests more ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON | THURSDAY, 7 MAR 2024

... an election year, and we already know that past Liberal governments have not supported the move and that this Labor government has already benched the proposal once before."

Experience pathway enshrined in legislation

KARREN VERGARA | FRIDAY, 8 SEP 2023

... professionals and exempts them from undertaking further qualifications has passed both houses of parliament. The Labor government passed Treasury Laws Amendment (2023 Measures No. 3) Bill 2023 on September 6 in a bid to stem the exodus of experienced ...

Fitch gives Labor budget AAA rating

CASSANDRA BALDINI | WEDNESDAY, 17 MAY 2023

For the first time under a Labor government, Fitch has handed down a AAA rating to the May budget. In a statement, Fitch applauded the government for its spending restraint and said the nation's public finances had outperformed expectations. "The commitment ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA | TUESDAY, 9 MAY 2023

ASIC will tighten its scrutiny of greenwashing as part of the Labor government's crackdown on protecting investors against investment scams and other misconduct from product issuers. Federal treasurer Jim Chalmers bolstered ASIC enforcement activity ...

Budget delivers surplus, with a catch

ANDREW MCKEAN | TUESDAY, 9 MAY 2023

... Budget documents described the surplus as an "unprecedented turnaround" from the $77.9 billion deficit that the Labor government inherited. Since the October Budget, the medium-term fiscal position has improved, with the deficit projected to be just ...

Industry welcomes experience pathway consultation

CASSANDRA BALDINI | WEDNESDAY, 19 APR 2023

... she said. SIAA acknowledged that some stockbrokers and investment advisers put their education on hold when the Labor government was elected in May 2022, considering the minister's election commitment to introduce an experienced pathway. Further, the ...

Spotlight shines brighter on climate reporting: Expert

KARREN VERGARA | FRIDAY, 17 MAR 2023

... future frameworks like the Taskforce on Nature-related Financial Disclosures (TNFD)," she said. In essence, the Labor government has put forth five key areas for discussion: emissions, disclosure of transition plans and use of carbon offsets; forward ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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