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Showing 31 - 40 of 46 results for "Senator Mathias Cormann"

ASIC jobs cut as responsibilities rise

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
... headcount of 1850 people. In a response to a question on notice from Shadow Minister for Financial Services Senator Mathias Cormann, Medcraft confirmed that 43 of those staff took voluntary redundancies while 16 were forced. Medcraft said further redundancies ...

Policy war erupts over super clearing

ALEX DUNNIN  |  MONDAY, 20 JUN 2011
... 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 service has been very ...

PC to review how defaults appointed to Awards

ALEX DUNNIN  |  FRIDAY, 10 JUN 2011
... 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 is anti-competitive ...

Industry funds, independent platforms stand up for FOFA reforms

ALISON BEVEGE  |  WEDNESDAY, 1 JUN 2011
... 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 to have elements ...

Oakeshott won't back FOFA

ALEX DUNNIN  |  THURSDAY, 26 MAY 2011
... 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 force ...

Planners risk trouble opposing FOFA

ALISON BEVEGE  |  FRIDAY, 20 MAY 2011
... 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 provisions and the ban ...

Advisers aim for independents over FOFA

ALISON BEVEGE  |  THURSDAY, 19 MAY 2011
... reforms were given a crash course in political lobbying today by Shadow Minister for Financial Services Senator Mathias Cormann, who told them to target the independents. Speaking at a packed Sydney breakfast organised by the Association of Financial ...

Tougher controls for SMSF collectibles

ALEX DUNNIN  |  THURSDAY, 19 MAY 2011
... retirement income purposes and not for trustees' personal enjoyment." Opposition superannuation spokesperson Senator Mathias Cormann said, "there was a perception that there was some abuse of the provisions [regarding investing in collectibles] and they ...

Govt claims MRRT as super victory

ALISON BEVEGE  |  FRIDAY, 25 MAR 2011
... milestone to implement the MRRT and therefore increase the super guarantee," he said in an email. But Senator Mathias Cormann, Shadow Assistant Treasurer, said the increase in compulsory super would be paid for by workers and business - not by the mining ...

Future Fund chair back for a year, two new board members

ALISON BEVEGE  |  WEDNESDAY, 23 MAR 2011
... Wayne Swan's office did not comment other than to refer to the press release. Shadow Assistant Treasurer Senator Mathias Cormann weighed in saying the Government decision was the worst of both worlds. "It's indecisive. The Future Fund is very important ...