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Showing 31 - 40 of 201 results for %22Australian House of Representatives%22

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... averaging around 1.5% over the next two years. Lowe said despite the negative effects of the COVID-19 pandemic the Australian economy is suffering the worst contraction in many decades. "We do not yet have the GDP data for the June quarter, but it will ...

Domestic violence super reforms stall

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... hiding their super assets from their spouses. Women's Legal Service Victoria (WLSV), Women in Super (WIS), the Australian Institute of Superannuation Trustees (AIST) and HESTA have called on the ATO, Treasury and ministerial staff to implement the ...

AMP should stop whining: Slater and Gordon

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... "arrogant" and accused its chief executive of having an agenda to make class actions more difficult. Appearing before the House of Representatives Standing Committee on Economics on Tuesday, De Ferrari was asked how many class actions AMP was currently ...

AFA, FPA share bleak view of industry

ELIZABETH MCARTHUR  |  TUESDAY, 30 JUN 2020
... cost of providing financial advice for advisers and the reduction in access and affordability of financial advice for Australian consumers was a focus for both associations during the hearing. Liberal MP Jason Falinski asked whether "dumb" legislation ...

ISA plays devil's advocate on SG

HARRISON WORLEY  |  MONDAY, 15 JUN 2020
... from all public and private federal enterprise bargaining agreements made since October 1991 - covering around 38% or Australian workers in 2018 - appeared to show there is no one-to-one relationship with wages and the super guarantee, quashing arguments ...

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... should be paid to members by super funds within five business days after the member is approved for early release by the Australian Tax Office. Labor MP Andrew Leigh expressed concern that chair of the commission Liberal MP Tim Wilson was only enquiring ...

Renewed scrutiny for ME Bank

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
Liberal MP Tim Wilson has asked to recall ME Bank to the House of Representatives Standing Committee on Economics after correspondence with ASIC for a hearing later this week. During ME Bank chief executive James McPhee's appearance at the last ...

APRA urged to probe industry funds

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... since 1990 when superannuation funds got together to establish a Development Australia Fund (DAF) to invest in public Australian companies and infrastructure assets. At FY19 results in July last year, then chief executive Himbury said about 27% of its ...

FASEA extension en route

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
... Senate. Jones said pressure has been mounting on the government to make the call since Labor introduced the amendments in the House of Representatives in February. "As recently as last week, Senator Jane Hume made the inexplicable last-minute decision ...

ISA questioned over political donations

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... doesn't give money to political organisations," Dean said. But, moments after he made that claim Wilson pointed to Australian Electoral Commission records demonstrating a $1600 donation to the Labor party made by ISA during the 2018/2019 financial ...