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

CGT relief for super funds backdated

LINDA HAUSKEN  |  MONDAY, 6 AUG 2012
Financial Services and Superannuation Minister, Bill Shorten, has released exposure draft legislation on income tax relief for merging superannuation funds for public comment. The draft legislation takes into account several of the issues raised by ...

SMSF auditor competency education push

MELANIE TIMBRELL  |  TUESDAY, 26 JUN 2012
Details of the registration regime for auditors working in the SMSF sector, announced this week by superannuation minister Minister Bill Shorten, are broadly been in line with industry expectations although questions still remain around quality assurance. ...

Older Australians delaying retirement

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
A report unveiled yesterday by financial services and superannuation minister, Bill Shorten, revealed that 50% of older Australian intend to delay retirement. The report, titled Financial Wellbeing: Concerns and choices amongst older Australians, also ...

Trustee reforms risk being neutered

ALEX DUNNIN  |  THURSDAY, 26 APR 2012
Speculation is growing that superannuation minister Bill Shorten will announce reforms to the operation of trustee boards, but if the reforms don't take account of trustee companies the reforms will be toothless. The Australian Financial Review and ...

Government confirms super guarantee age limit abolished

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
... will give Australians an incentive to remain in the workforce for longer, according to the Government. Superannuation Minister Bill Shorten has confirmed that the amendment to abolish the age limit made it through the Lower House last week, despite the ...

Super tribunal needs members to solve disputes

ALISON BEVEGE  |  TUESDAY, 9 AUG 2011
... members have been super fund trustees, while others have been lawyers. Part-time members are appointed by Superannuation Minister and Assistant Treasurer Bill Shorten and serve for a three- to four-year term. Members are not required to travel to Melbourne ...

PC to review how defaults appointed to Awards

ALEX DUNNIN  |  FRIDAY, 10 JUN 2011
... Productivity Commission will in 2012 review how default funds are appointed to Industrial Awards, said superannuation minister Bill Shorten, just one day after APRA released figures showing that the retail sector has again under performed the not-for-profit ...

Coalition adopts ALP super clearing house model

ALEX DUNNIN  |  THURSDAY, 9 JUN 2011
... statement. For those who watched arguments over the Medicare superannuation clearing house from 2008 when then superannuation minister Senator Nick Sherry first proposed the policy, the Coalition's policy is nothing new. The clearing house is already ...

Super insurance simplified for funds

ALISON BEVEGE  |  FRIDAY, 27 MAY 2011
... to claim tax deductions for the cost of total and permanent disability insurance provided to members. Superannuation Minister Bill Shorten introduced amendments to tax laws that allow the percentage of premiums that can be claimed as deductions to be ...

Super funds win merger tax relief

ALISON BEVEGE  |  TUESDAY, 3 MAY 2011
... Merging superannuation funds have been granted a three-month tax relief extension by Financial Services and Superannuation Minister Bill Shorten. Minister Shorten today said that the Government would extend the temporary tax loss relief for consolidating ...