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Showing 31 - 40 of 93 results for "Andrew Bragg"

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... benefits touted in Schedule 5 of the proposed bill, critics have harboured concerns of unintended consequences. Senator Andrew Bragg raised the alarm over how the proposed changes might damage investment levels in Australia. "The proposal is bad for ...

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
... money to the fund's members as well as the general appropriateness of these payments. In questioning Cole, Senator Andrew Bragg alluded to a specific instance involving a $2.5 million payment form a "relatively small" super fund to the CFMEU. However ...

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
Crypto regulation in Australia has taken a giant leap, with Senator Andrew Bragg unveiling the Digital Assets (Market Regulation) Bill 2023. The Digital Assets Bill 2023 aims to transform Australia's digital asset landscape by implementing a robust ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... capital raisings, without "significantly changing" the entity's financial position. However, Liberal senator Andrew Bragg said the Bill is a "dangerous" and "underhanded" measure to stop the payment of franked dividends in Australia. "If legislated ...

ASIC dodges PGPA investigation questioning

CASSANDRA BALDINI  |  THURSDAY, 16 FEB 2023
At a hearing this morning, Senator Andrew Bragg called out ASIC chair Joe Longo after he opted not to answer questions about ASIC commissioners investigated under the Public Governance Performance and Accountability (PGPA) Act. Fronting the Senate Economics ...

The great super cover up is over: Bragg

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
... between reducing the regulatory burden on funds and public expectations of transparency. Though, Liberal senator Andrew Bragg slammed the relaxed disclosure requirements. He claimed that super funds had covered up hundreds of millions in related party ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... for faith-based super funds was struck dead, axed by the government despite it being an election policy. Senator Andrew Bragg told Financial Standard that the faith-based carve out was a ridiculous proposal which would've opened the floodgates to ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... with faith-based products that are eligible for the supplementary test." Speaking to Financial Standard, Senator Andrew Bragg said that the 'faith-based' carve out was a ridiculous proposal from the government. "Introducing supplementary performance ...

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
Liberal senator Andrew Bragg has released a draft bill for consultation that introduces licences for digital asset exchanges, custody services, stablecoin issuers, and instigates disclosure requirements for Chinese state-owned banks that facilitate ...

Super fund disclosure rules finalised

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
... said: "This should reduce the risk of inaccuracy and inconsistency across the industry." However, others like Senator Andrew Bragg believed the draft regulations allowed super funds to hide political donations and payments to unions. Subsequently, Bragg ...