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Showing 31 - 40 of 289 results for "House of Representatives"

Aware questioned on bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... industry fund Aware Super was grilled on the bonuses it pays executives and how it justifies them. The House of Representatives Standing Committee on Economics asked Aware chief executive Deeanne Stewart and chief investment officer Damien Graham what ...

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
AustralianSuper and Cbus faced an extremely hostile questioning from the House of Representatives Standing Committee on Economics, which at times devolved to committee members yelling over one another. AustralianSuper chief executive Ian Silk and Cbus ...

Concern for consumers ahead of YFYS

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
After the Your Future, Your Super reforms were passed in the House of Representatives lawyers have expressed concern consumers may not understand the impact of the changes. Law firm Slater and Gordon warned that Australians could end up with less insurance ...

YFYS on its way to Senate

KANIKA SOOD  |  FRIDAY, 4 JUN 2021
The House of Representatives passed hotly-debated Your Future, Your Super bill last night, with Labor getting away with just one of the amendments on its wish list. Best Financial Interest Duty's proposal to give ministers the power to ban superannuation ...

Lessons from GPIF: Mizuno

ANNABELLE DICKSON  |  THURSDAY, 3 JUN 2021
... government committed to reducing greenhouse emissions to net zero by 2050 and, a month later, the Japanese House of Representatives and the House of Councillors declared a climate emergency. At the time, Japan was the fifth-largest emitter of carbon. ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... Melbourne operations as a positive indication for worker. In May 2020, ME Bank faced scrutiny from the House of Representatives Standing Committee on Economics in regards to its relationship with the 26 industry funds invested in the bank. It was revealed ...

Diversa, BetaShares relationship probed

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
The House of Representatives Standing Committee on Economics has questioned Future Super, Verve and Diversa Trustees on their relationship with BetaShares. Despite Future Super experiencing impressive member growth and returns recently, committee chair ...

Future Super, Verve accused of misleading members

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 FEB 2021
The House of Representatives Standing Committee on Economics has accused Future Super and Verve of misleading consumers who are unlikely to understand the funds' relationship to Diversa Trustees. During questioning, Liberal MP and committee chair ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... extraordinarily unlikely." This was later stressed by RBA governor Philip Lowe when he testified before the House of Representatives Standing Committee on Economics on August 14. "...negative interest rates in most countries do impair the profitability ...

Super fund boss remuneration on the agenda

KARREN VERGARA, ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... executive pay reduce, a public hearing found. Hostplus chief executive David Elia appeared before the House of Representatives Standing Committee on Economics yesterday, answering questions about the impact the global pandemic is having on executive ...