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Showing 31 - 40 of 1322 results for "Parliament"

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
The retirement savings of thousands of Australians have been lost in the First Guardian and Shield failures and, while investigations are ongoing, the blame for their collapse and the misconduct that led to it is being passed around like a football ...

Government reviewing $3m super tax

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
... July, questions were raised around whether the legislation would be ditched as it continued to be pushed back when parliament resumed following the Federal Election, which Chalmers swiftly denied. "We're proceeding with the policy that we announced ...

Payday super laws introduced to parliament

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
... their employees' superannuation at the same time as their salary and wages. Treasurer Jim Chalmers, speaking in the parliament today, said the change will strengthen Australia's superannuation system and will help deliver a more secure retirement ...

Inflation rises 3% in August

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
The monthly Consumer Price Index (CPI) indicator rose 3% in the 12 months to August, according to the Australian Bureau of Statistics (ABS). "The 3% annual CPI inflation to August was up from 2.8% to July, making this the highest annual inflation rate ...

Australian economy in 'very good place': RBA

ELIZA BAVIN  |  MONDAY, 22 SEP 2025
Reserve Bank of Australia (RBA) governor Michele Bullock has told a parliamentary inquiry the Australian economy is in a good position, with inflation within the board's target range of between 2-3%. Bullock said the central bank is pleased to see inflation ...

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
Equity Trustees has marked down the value of units held in the Shield Master Fund by as much as 75%, as victims petition the government for $5 million to start a recovery fund. The Save Our Super campaign, comprising victims of the Shield Master Fund ...

ASIC sets sights on 140 advisers

ELIZA BAVIN  |  THURSDAY, 18 SEP 2025
ASIC deputy commissioner Sarah Court told a parliamentary committee this morning that the regulator has identified around 140 financial advisers who were involved in super switching misconduct relating or similar to Shield and First Guardian. "We had ...

Coalition's super for housing policy 'unlikely to continue': Bragg

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
... interview on Sky News. In addition, Bragg said he opposes the government's build-to-rent scheme that is currently before parliament, calling it "perverse". "We think it's a bad idea to hand over the dream of Australian homeownership to foreign fund ...

Allow couples tax-free super splitting: Hume

JAMIE WILLIAMSON  |  FRIDAY, 5 SEP 2025
... to split their collective superannuation balances evenly between them to improve the gender super gap was tabled in Parliament yesterday. The Superannuation Legislation Amendment (Tackling the Gender Super Gap) Bill 2025 was tabled by Senator Jane Hume ...

Government scraps inquiry into advice firm failures, Dixon Advisory

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025
... understand how they happened, and what can be done to prevent them in the future." The FAAA called on all members of parliament to force the reinstatement of the inquiry, with an extended remit to include the collapse of Shield and First Guardian. "We ...