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Showing 21 - 30 of 50 results for "Minister Shorten"

Tax concessions focus of Super roundtable

MELANIE TIMBRELL  |  FRIDAY, 24 FEB 2012
... proved an issue of contention, with some super executives claiming implementation would be overly cumbersome. Minister Shorten however, said the plan would proceed. "As a Labor Government, we fundamentally believe that superannuation should be taxed ...

ALP leadership issues will delay FOFA: Chikarovski

MELANIE TIMBRELL  |  WEDNESDAY, 22 FEB 2012
... this industry is that it's not going to be the number one priority when they go back to Parliament next week. Minister Shorten has already said that they won't debate it until at least the PJC has reported." "It's clear that the divisions within the ...

Shorten locks down accountant timeline

ELISE BURGESS  |  MONDAY, 20 FEB 2012
... caps. Speaking at the Self-Managed Super Fund Professionals' Association (SPAA) national conference on Friday, Minister Shorten said new legislation on advice accountants can provide to SMSFs and the auditors registration will be revealed within the ...

Super tax concessions in spotlight

MELANIE TIMBRELL  |  MONDAY, 30 JAN 2012
... drawdown phase such as annuities and deferred annuities, according to a joint statement issued by Treasurer Swan and Minister Shorten. Savings to offset any cost to the federal budget of the additional concessions would however need to come from within ...

Govt releases final issue of investment manager regime

ELISE BURGESS  |  FRIDAY, 16 DEC 2011
... January 2011, are being finalised and should be introduced into Parliament in the first half of 2012 however Minister Shorten did announced some changes with element 2 now extended to foreign non-portfolio investments of managed funds. "The implementation ...

Industry welcomes Shorten's promotion

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
... welcomed Shorten's promotion, with ASFA saying it provided further certainty for the superannuation industry. "Minister Shorten will also bring an important new dimension to the portfolio of Workplace Relations. He is well aware of the changing nature ...

SG Bill enters parliament with strong support

ELISE BURGESS  |  WEDNESDAY, 2 NOV 2011
... 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 the Superannuation Guarantee charge from 9% to ...

Politicians spar over future of superannuation guarantee

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
... middle-income earners who could better spend the money on their cost of living or paying down their mortgage. Minister Shorten also called for the Coalition to respond to the Henry Review recommendations on superannuation and release a retirement savings ...

Submissions open on excess super contribution cap refund rules

ALISON BEVEGE  |  THURSDAY, 18 AUG 2011
... people or 73% of those breaching the caps made excess contributions of less than $10,000. The uproar prompted Minister Shorten to promise a reprieve to those who breached the cap by less than $10,000. The Minister has followed through with his promise ...

Super now the fourth pillar

ALEX DUNNIN  |  WEDNESDAY, 17 AUG 2011
... superannuation is now the fourth. I believe the National Disability Insurance Scheme will become the fifth," said minister Shorten. Prior to superannuation, the age pension was the primary way post-retirement living was funding. Superannuation has fundamentally ...