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Showing 571 - 580 of 1269 results for "Labor"

NAB upgrades advice compensation program

LAURA MILLAN  |  THURSDAY, 21 MAY 2015
... Economics Committee during a public hearing in Canberra as part of the Scrutiny of Financial Advice inquiry. Committee chair and Labor Senator Sam Dastyari told NAB chief executive: "Mr Thorburn, you throw around the word 'independent'. There is nothing ...

Superannuation tax concessions unsustainable: Bowen

DARREN SNYDER  |  FRIDAY, 15 MAY 2015
Federal Shadow Treasurer Chris Bowen said Labor's superannuation policy might not be universally popular but it was a better alternative to the coalition's decision to leave super alone. In a recent radio interview with ABC, Bowen labeled current superannuation ...

Hockey defends budget backflip

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
... Grilled by ABC journalist Leigh Sales about "having one policy and replacing it with another," Hockey argued that the previous Labor government "locked in growth and spending levels that were unsustainable." "We're trying to avoid what the Labor government ...

Market Wrap AM

AAP  |  MONDAY, 11 MAY 2015
... All Ordinaries index was down 9.4 points, or 0.17 per cent, at 5,635 NEW YORK - Wall Street have stocks surged after the Labor Department reported the US economy added a solid 223,000 jobs in April and unemployment fell to a seven-year low of 5.4 per ...

Morrison protects homes from Age Pension means test

DARREN SNYDER  |  THURSDAY, 7 MAY 2015
... it means the government must retain the incentives in the tax system for superannuation. "The government doesn't support Labor's proposal to tax superannuants more on the income they have generated for their retirement," he said. Morrison also announced ...

Hockey slams Labor super tax proposal

ALEX BURKE  |  THURSDAY, 23 APR 2015
Treasurer Joe Hockey has responded to Labor's suggestion of a 15% tax on super earnings above $75,000, saying, "Labor's default position is always to increase taxes." In an interview, Hockey said he hadn't looked at the "details" of Labor's announcement ...

ALP outlines superannuation tax policy

ALEX DUNNIN  |  WEDNESDAY, 22 APR 2015
... save around $9.2 billion over 10 years. This measure will not impact pensioners or part pensioners," he said. He added: "Labor will also remove the 10% tax offset for defined benefit income above $75,000, estimated to effect approximately 9,500 account ...

Big end of town to face Senate over bad advice

LAURA MILLAN  |  FRIDAY, 17 APR 2015
... have to explain what went wrong in their advice divisions at a public Senate hearing in Canberra on Tuesday. Chaired by Labor Senator Sam Dastyari, the Senate Economics Committee will interrogate Macquarie Group chief executive Nicolas Moore and head ...

Market Wrap AM

AAP  |  FRIDAY, 17 APR 2015
... unemployment insurance benefits rose to 294,000 last week, their highest level in six weeks and well above estimates, according to Labor Department data. Equity markets in Britain, France and Germany fell sharply on concerns about slow progress in bailout ...

Bernie Ripoll to retire from federal politics

LAURA MILLAN  |  WEDNESDAY, 15 APR 2015
Labor MP and architect of the first Future of Financial Advice (FoFA) reforms Bernie Ripoll will not contest the next federal election. Ripoll announced the decision on his Facebook page and said that he will finish his term as an MP and will continue ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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