Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 441 - 450 of 703 results for "Senator"

Govt responds to self-funded retirees

ELISE BURGESS  |  TUESDAY, 12 JUL 2011
... expressed concern of being ignored by the Government's assistance package being offered to pensioners. Shorten and Tasmanian Senator Carol Brown have since outlined the Government's Clean Energy Future package, which he said will provide assistance to ...

Consolidated super corporation appoints board

RACHEL DAVIS  |  WEDNESDAY, 6 JUL 2011
... congratulate each of the new board members, particularly Mr Tony Hyams on his appointment as chair of the board," said Senator Wong. "The board is comprised of individuals who are highly regarded in their fields and will bring continuity and new experience ...

Commonwealth trustee reforms passes Senate

ALEX DUNNIN  |  WEDNESDAY, 29 JUN 2011
... government said the new structure will modernise commonwealth superannuation governance and how these funds are administered. Senator Penny Wong, minister for finance and deregulation, said the trustee consolidation was an important reform that will ...

Policy war erupts over super clearing

ALEX DUNNIN  |  MONDAY, 20 JUN 2011
... taxpayers $177 for every single transaction processed," said opposition financial services and superannuation spokesperson Senator Mathias Cormann and opposition small business spokesperson Bruce Billson in a joint statement. The Government said the ...

PC to review how defaults appointed to Awards

ALEX DUNNIN  |  FRIDAY, 10 JUN 2011
... [PC] and there will be a review next year." The announcement should please opposition spokesperson on superannuation, Senator Mathias Cormann, who has been aggressively campaigning for the review. "The current process for selecting default super funds ...

Government plants $60m innovation funding seed

MATT WOODINGTON  |  THURSDAY, 9 JUN 2011
... additional funding or make divestments as they see fit. A small cut of any profits made would be returned to the government. Senator Kim Carr said that innovation fund managers play a key role in helping smart start-up companies get their products and ...

Coalition adopts ALP super clearing house model

ALEX DUNNIN  |  THURSDAY, 9 JUN 2011
... 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 operational after ...

Industry funds, independent platforms stand up for FOFA reforms

ALISON BEVEGE  |  WEDNESDAY, 1 JUN 2011
... lobbying of the independents by financial planners. Financial advisers were instructed by shadow financial services minister Senator Mathias Cormann on May 19 to target the four independent members of the Federal House of Representatives in their bid ...

Oakeshott won't back FOFA

ALEX DUNNIN  |  THURSDAY, 26 MAY 2011
... if the Coalition wishes to go further," he told Business Spectator. The opposition shadow financial services minister Senator Mathias Cormann has already jumped on Oakeshott's comments. "The Coalition has said from the outset that Labor's proposal to ...

Planners risk trouble opposing FOFA

ALISON BEVEGE  |  FRIDAY, 20 MAY 2011
... providers are banned from employing financial planners, if the reforms fail to pass. Shadow Minister for Financial Services Senator Mathias Cormann said yesterday he would repeal two elements of FOFA widely unpopular among planners if elected: opt-in ...