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Showing 41 - 50 of 53 results for "Enterprise Agreement"

O'Dwyer outlines government superannuation push

LAURA MILLAN  |  MONDAY, 16 NOV 2015
Assistant Treasurer Kelly O'Dwyer outlined the government's strategy to ensure that Australia's superannuation system "delivers for members." Speaking at an industry event hosted by the Financial Services Council (FSC) and BT, O'Dwyer said that the ...

Financial System Inquiry response cut-out-and-keep guide

MARK SMITH  |  TUESDAY, 20 OCT 2015
The Financial System Inquiry (FSI) conducted a root and branch examination of Australia's financial system, making 44 recommendations to increase efficiency, resilience and fair treatment of the financial system. In its response, the government has ...

FSC backs Commission on choice of super funds

DARREN SNYDER  |  WEDNESDAY, 20 MAY 2015
The Financial Services Council (FSC) is backing the Royal Commission into Trade Union Governance and Corruption to remove laws that deny employees a choice of superannuation fund. FSC chief executive, Sally Loane, said super must be decoupled from the ...

Royal Commission looks at choice of super funds

DARREN SNYDER  |  TUESDAY, 19 MAY 2015
... discussion paper said. The Commission discusses whether a union should be able to negotiate for terms in an enterprise agreement which specify a default superannuation fund with financial links to the particular union. "On the one hand, preventing the ...

Government needs to allow retail default super

ALEX BURKE  |  THURSDAY, 23 APR 2015
In its final Financial System Inquiry (FSI) submission to the Treasury, the Financial Services Council (FSC) has petitioned Government to allow APRA-approved MySuper funds into the default superannuation market. Arguing that the current system stifles ...

Super governance at centre stage

ANDREW BRAGG, FSC DIRECTOR OF POLICY AND GLOBAL MARKETS  |  WEDNESDAY, 11 MAR 2015
2015 has already been a bumper year in financial services policy with super front and centre. Reforms to improve superannuation governance, competition and transparency appear to be the first cab off the rank. These reforms look likely to occur in a ...

NAB workers demand profit share after 1172 job cuts

JAMES FERNYHOUGH  |  FRIDAY, 1 NOV 2013
... secretary Leon Carter said. A spokesperson for NAB responded: "NAB has recently commenced discussions on our next Enterprise Agreement - and has offered a competitive pay rate within the financial services market. We are offering all Group 1 and 2 employees ...

NAB delays staff salary increases

LAURA MILLAN  |  FRIDAY, 13 SEP 2013
... competitive pay rate within the financial services market." "We are offering all employees covered by the enterprise agreement a pay increase, which differentiates us from our competitors," the spokesperson said. "We need better job security, we deserve ...

Market Wrap

AAP  |  FRIDAY, 16 MAR 2012
... Friday, port and rail operator Asciano said negotiations with the Maritime Union of Australia (MUA) on a new enterprise agreement had broken down. Asciano was seven cents lower at $4.88. Macquarie Group has suffered its second credit rating downgrade ...

Astarra pain spreads to super funds

MICHELLE BALTAZAR  |  MONDAY, 19 APR 2010
... that the NSW TAB case is unchartered territory for the industry. First, super funds have to abide by the enterprise agreement between the worker and the sponsoring employer on which default fund they can invest in. In many but not all cases, the agreement ...