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| | | ... how advice fees are deducted from superannuation fund accounts. The Senate Economics Legislation Committee, led by chair senator Jess Walsh, tabled its final report today. The bill, Treasury Laws Amendment (Delivering Better Financial Outcomes and Other ... |
| | | | Senator Andrew Bragg requested a costing analysis on savings in Commonwealth Rent Assistance (CRA) anticipated from the Coalition's proposed super for housing policy. This policy would allow individuals to withdraw up to $50,000, up to a maximum 40% ... |
| | | | ... their spending is going down, it's just not growing as quickly as it was," Bullock said. Seeking further clarity, Senator Nick McKim asked Bullock if there is currently a situation in which "younger folks who are more likely to be carrying debt are ... |
| | | | Lisa Darmanin, Vision Super's chair for almost three years, has stepped down to become a Senator for Victoria. Darmanin was the fund's first female chair, having held the role since July 2021. She replaced Geoff Lake, under whom she served as ... |
| | | | ... between their retirement savings and buying a home. While acknowledging that solving the housing crisis won't be easy, Senator Andrew Bragg, speaking on the same panel at the conference, said that the Liberal Party opposes a "corporate housing policy." ... |
| | | | ... down its Interim Report into existing and proposed super for housing policies. Chair of the Senate Economics Committee Senator Andrew Bragg said the Inquiry was recalibrated to assess how policy could improve retirement outcomes by letting Australians ... |
| | | | ... Shubert said. The SMC is opposing what it calls a "trap for young Australians," in response to a recent speech by Liberal senator Andrew Bragg. Earlier this week, Bragg claimed that using super for a home deposit provides "significantly better outcomes" ... |
| | | | ... might think," she said. "It's going to be paid as an annual payment in arrears to the super funds." Like many, independent senator David Pocock welcomed the proposed changes proposed in the Bill. However, he believes that this is also an opportunity ... |
| | | | ... Advice Review reforms, and addressing the escalating costs to provide financial advice," she said. Among the many changes, senator Andrew Bragg will become shadow assistant minister for home ownership. "Home ownership is the largest issue for many Australians. ... |
| | | | Senator Andrew Bragg has called for another Financial System Inquiry (FSI) to address "structural problems" in the twin peaks of financial sector regulation, ASIC and APRA. In his speech to the Financial Services Council (FSC), Bragg argued that "clear ... |
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