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Showing 501 - 510 of 1269 results for "Labor"

Govt change could spell more severe LIF bill: FPA

KERRIE SYDEE  |  THURSDAY, 21 APR 2016
... gets reintroduced following the election. "Obviously if the government isn't returned and we have a new government in the Labor party, I think there is a strong chance that the Life Insurance Remuneration Arrangements Bill will be even more severe in ...

Government boosts ASIC with $127m package

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
... industry speculation, the Turnbull Government has announced a $127.2 million reform package for ASIC. The announcement follows Labor's calls for a Royal Commission into the financial services industry, which both the Prime Minister and Treasurer Scott ...

Turnbull highlights ASIC resources boost in Parliament

ALEX BURKE  |  TUESDAY, 19 APR 2016
... Minister has suggested in Parliament that ASIC will be given greater resources as part of a capability review. Responding to Labor MP Clare O'Neil's question about whether Government would consider a Royal Commission for cases like a 75-year-old whose ...

Commissions survive as life remuneration bill flatlines

ALEX BURKE  |  TUESDAY, 19 APR 2016
... received on both sides of Parliament, although Shadow Minister for Financial Services and Superannuation Jim Chalmers has said Labor would like stronger reforms. In March, he said: "Labor would like to see the regulations which will accompany this Bill ...

Royal Commission won't hit banks where it hurts

ALEX BURKE  |  FRIDAY, 15 APR 2016
Labor's proposed $53 million Royal Commission won't change big bank behaviour like losing market share to smaller competitors would, according to the Customer Owned Banking Association. COBA chief executive Mark Degotardi argued in a statement that ...

Regulators defended in calls for Royal Commission

DARREN SNYDER  |  MONDAY, 11 APR 2016
... they have not always lived up to their own standards, let alone those of their customers, but "the issues the Australian Labor Party is talking about have already been examined." MA1/4nchenberg said the ALP's proposal would have international ramifications ...

Government lagging on super policy: Labor

KERRIE SYDEE  |  TUESDAY, 5 APR 2016
Labor has named three key benchmarks that it will use to analyse the Federal Government's superannuation policy, arguing that the government needs to put its policy on the table for fair evaluation. Speaking at the FSC BT Political Breakfast series ...

Labor will announce retirement income priorities

DARREN SNYDER  |  MONDAY, 21 MAR 2016
Federal Shadow Minister for Financial Services and Superannuation, Jim Chalmers, said Labor will soon announce its priorities for retirement incomes so voters know where they stand heading in to this year's election. The announcement will come on top ...

We can do better for women in retirement: Senator

DARREN SNYDER  |  FRIDAY, 18 MAR 2016
... superannuation tax concessions from government flow to men than to women, despite women clearly needing the most financial support. "Labor has committed to curbing some of these excesses by tackling the generous tax concessions that flow to, mostly male ...

Labor wants stronger LIF rules

ALEX BURKE  |  FRIDAY, 4 MAR 2016
... of Representatives on March 3, Chalmers said that while the legislation "picks up some of the concerns in these reviews," Labor still has some issues with the package. Chalmers argued that clawback provisions should extend past the first two years of ...