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Showing 21 - 30 of 42 results for "Turnbull Government"

Labor takes aim at executive pay

EMMA RAPAPORT  |  WEDNESDAY, 6 SEP 2017
... members at $101,170. Board members are not eligible for performance-related payments. Chalmers noted that the Turnbull Government has informally asked some Commonwealth entities to revert back to the previous reporting regime, but described these measures ...

Government funds ATO superannuation taskforce

DARREN SNYDER  |  TUESDAY, 29 AUG 2017
... entitlements are robbing their workers of their wages. This is illegal and won't be tolerated," O'Dwyer said. "The Turnbull Government is taking action to safeguard and modernise the SG so employers can't hide from their legal duty. We will give all ...

Banks narrowly avoid parliamentary inquiry

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
... including executive pay, will remain in Parliament and Labor, the Greens and others have vowed not to give up. The Turnbull government has long resisted a Royal Commission into the banks, instead announcing in the May budget a $6.2 billion bank tax ...

Budget undermining super: Labor

KARREN VERGARA  |  WEDNESDAY, 10 MAY 2017
... Chris Bowen and Shadow Revenue and Financial Services Minister Katy Gallagher said in a joint statement the Turnbull government is "encouraging a raid on superannuation savings." "The first home super saver scheme will do nothing to address housing affordability ...

Budget for the wealthy: Labor

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... investors and property speculators, pointing out the huge $50 billion tax concession for large businesses. The Turnbull government's budget has locked in $16,000 in tax cuts for people making $1 million a year, he said, and cut funding for schools (including ...

Government reform to close super gender gap

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2017
... retirement is something that governments should always be working toward," O'Dwyer affirmed. She reinforced the Turnbull Government's comprehensive reform package slated for 1 July aims to do just this. "Key measures that will benefit women include the ...

Opposition floats SMSF borrowing ban

EMMA RAPAPORT  |  FRIDAY, 21 APR 2017
... recommended the general ban on direct borrowing by SMSFs to mitigate the risk of financial instability. The Turnbull government rejected Murray's recommendation late last year. Bowen added that while SMSFs currently represent a relatively small section ...

Government to aid growth of social impact investment

EMMA RAPAPORT  |  MONDAY, 30 JAN 2017
The Turnbull Government will explore ways to facilitate social impact investment market growth and determine possible regulatory barriers, marking the next step in implementing the Financial System Inquiry's recommendations. In the government's 'Social ...

Super tax receipts to reach $8bn: MYEFO

DARREN SNYDER  |  MONDAY, 19 DEC 2016
... projected to return to surplus in 2020-21. Treasurer Scott Morrison said in helping the path to surplus the new Turnbull Government had already implemented Budget repair measures exceeding $22 billion. The MYEFO also contains a revised estimate of the ...

Government releases draft super reforms

ALEX BURKE  |  THURSDAY, 8 SEP 2016
The Turnbull government has released its first tranche of exposure draft legislation for proposed superannuation reforms. Describing the reforms as "fairer, more flexible and more sustainable," Treasurer Scott Morrison argued that "the majority of Australians" ...