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Showing 31 - 40 of 139 results for "Labor Government"

Small wins for some pensioners

CASSANDRA BALDINI | WEDNESDAY, 26 OCT 2022

The Labor government has delivered small wins to pensioners in its Budget, but not all will reap the benefits. Treasurer Jim Chalmers has increased pensioners' earnings amount, with the temporary income bank top up to increase from $7800 to $11,800 ...

Budget deficit pressured by debt costs

ANDREW MCKEAN | WEDNESDAY, 26 OCT 2022

... harder decisions on tax and spending will need to be made. "This will prove an even more severe a test for the Labor government as the Rudd government faced in the wake of the Global Financial Crisis (GFC), as this time, splashing the cash will be no ...

Government scraps legacy tax, super measures

JAMIE WILLIAMSON | WEDNESDAY, 26 OCT 2022

... superannuation changes that were announced by the previous government but never legislated have been scrapped by the Labor government. To provide certainty to industry and those that would have been impacted by the measures, the government has reviewed ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON | WEDNESDAY, 7 SEP 2022

... look at the operation of the benchmarks. "I want to make it clear that we support performance measurement. The Labor government is unequivocally on the side of high-performing funds and holding trustees' feet to the fire to ensure that they deliver ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI | MONDAY, 8 AUG 2022

The Labor government is cracking down on multinational enterprises (MNEs) avoiding tax and transparency. Last week, Treasurer Jim Chalmers said it's the government's priority to make sure that multinational corporations pay a fair share of tax where ...

Review of YFYS receives mixed response

ANDREW MCKEAN | FRIDAY, 8 JUL 2022

... protecting underperforming super funds and for him signalling the gutting of the best financial interest duty. "The Labor government has no plan and no policy to improve member outcomes," Bragg settled. Nevertheless, Mercer senior partner and actuary ...

The ongoing evolution of super: Scheerlinck

JAMIE WILLIAMSON | TUESDAY, 14 JUN 2022

... be a little brighter and certain, at least from a regulatory perspective, under the Albanese government. The Labor government has made clear its intentions to work with the super sector to boost economic growth, and AIST is on board with this plan, she ...

Stuart Robert named shadow financial services minister

CASSANDRA BALDINI | MONDAY, 6 JUN 2022

... shadow finance minister, and shadow minister for the public service, and shadow special minister for state. "This Labor government has promised the world and must be held to account- for every cent allocated, and especially every tax dollar raised from ...

GDP rises but headwinds abound

ANDREW MCKEAN | THURSDAY, 2 JUN 2022

... levels, while workers are experiencing both real wage cuts and a cost-of-living crisis." McManus called on the new Labor government, business and civil society to ensure working people's living standards don't go backwards. Further to the ACTU's concerns ...

Stephen Jones confirmed as financial services minister

CASSANDRA BALDINI | WEDNESDAY, 1 JUN 2022

... the wider range of issues affecting the financial planning profession, and we are expecting the new Albanese Labor government to quickly deliver on its election commitment to provide much-needed certainty to the profession on education standards, including ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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