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Showing 421 - 430 of 843 results for "Senate"

Industry needs unified solution to insurance "failure": ASIC

LAURA MILLAN  |  THURSDAY, 23 OCT 2014
... Kell said "This needs a collective response to ensure that this unacceptable level of failure is addressed," Kell told the Senate Economics Committee hearing yesterday. He noted that "unless they can come up with a collective solution that addresses ...

ASIC demands last resort compensation scheme

LAURA MILLAN  |  MONDAY, 20 OCT 2014
... advice "where all the other options have truly been exhausted." The regulator made the demand in its submission to the Senate Economics Committee inquiry into forestry managed investment schemes (MIS) and in its submission to the Financial System Inquiry ...

Market Wrap AM

AAP  |  THURSDAY, 2 OCT 2014
... assistant governor (financial system) Malcolm Edey and head of financial stability Luci Ellis, are slated to appear before the Senate Economics References Committee inquiry into affordable housing. The Reserve Bank is also expected to release its annual ...

Coalition Senators head-to-head over FoFA

LAURA MILLAN  |  FRIDAY, 26 SEP 2014
... Williams after he staged a parliamentary confrontation against Finance Minister and Liberal Senator Mathias Cormann. The Senate Standing Committee on Regulations and Ordinances, chaired by Williams, has given Cormann 15 more sitting days to respond to ...

Hockey accuses Labor of making "a mess" of FoFA

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
... problems in the bill and when he [Bowen] introduced the bill, even if he had enough numbers to pass it here and in the Senate, he was so embarrassed about the state of the bill that he had to introduce 16 amendments on the floor of the House to his own ...

Opposition wants to postpone vote on FoFA bill

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
... work to bridge the widening chasm between the two sides," Labor Senator Sam Dastyari said in a dissenting report of the Senate Economics Committee inquiry into the latest FoFA changes. Dastyari, who is also the Committee's deputy chair, argued that the ...

Bipartisan Senate inquiry to grill financial services again

LAURA MILLAN  |  FRIDAY, 5 SEP 2014
Labor Senator Sam Dastyari has obtained the support from the Coalition to conduct a new Senate Economics Committee inquiry to scrutinise the financial services industry. The inquiry will continue the task of last year's Senate Economics Committee inquiry ...

SG frozen till 2021, industry 'dismayed'

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
The Senate has passed legislation that will freeze the superannuation guarantee at 9.5% until 2021, and abolish the Low Income Superannuation Contribution in 2017. The laws, which were part of an extensive package of reforms contained in the Minerals ...

Govt seeks discretion to freeze super guarantee

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... benefit pensions. The government has not yet said how it intends to use its new powers, should the legislation pass the Senate. The government has already frozen the superannuation guarantee for two years. A further freeze would bring significant savings ...

Senate bill challenges general advice definition

LAURA MILLAN  |  TUESDAY, 2 SEP 2014
... bill to change the definition of 'general advice.' The Senator will introduce the private member bill today during the Senate sitting today, along with a second reading speech, Whish-Wilson's spokesperson confirmed. The bill will amend the Corporations ...