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Showing 41 - 50 of 643 results for %22Labor Government%22

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
The government has advanced its commitment to establish a Compensation Scheme of Last Resort (CSLR), releasing for consultation exposure draft regulations. The CSLR will facilitate the payment of compensation of up to $150,000 to eligible consumers ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
... look at the operation of the benchmarks. "I want to make it clear that we support performance measurement. The Labor government is unequivocally on the side of high-performing funds and holding trustees' feet to the fire to ensure that they deliver ...

Super fund disclosure rules finalised

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
... the criteria for these funds was to be invited to attend the summit, and how many of these funds donate to the Australian Labor Party and or make payments to unions.

CSLR establishment is critical: FPA

CHLOE WALKER  |  FRIDAY, 12 AUG 2022
... financial planners, many of whom are small business operators, are not left bearing the full costs. "While it was in Opposition, Labor suggested amendments which would include managed investment schemes in the [CSLR] scheme, and we look forward to seeing ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
The Labor government is cracking down on multinational enterprises (MNEs) avoiding tax and transparency. Last week, Treasurer Jim Chalmers said it's the government's priority to make sure that multinational corporations pay a fair share of tax where ...

Review of YFYS receives mixed response

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
... protecting underperforming super funds and for him signalling the gutting of the best financial interest duty. "The Labor government has no plan and no policy to improve member outcomes," Bragg settled. Nevertheless, Mercer senior partner and actuary ...

The ongoing evolution of super: Scheerlinck

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
... be a little brighter and certain, at least from a regulatory perspective, under the Albanese government. The Labor government has made clear its intentions to work with the super sector to boost economic growth, and AIST is on board with this plan, she ...

Stuart Robert named shadow financial services minister

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
... shadow finance minister, and shadow minister for the public service, and shadow special minister for state. "This Labor government has promised the world and must be held to account- for every cent allocated, and especially every tax dollar raised from ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... levels, while workers are experiencing both real wage cuts and a cost-of-living crisis." McManus called on the new Labor government, business and civil society to ensure working people's living standards don't go backwards. Further to the ACTU's concerns ...

Stephen Jones confirmed as financial services minister

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
... the wider range of issues affecting the financial planning profession, and we are expecting the new Albanese Labor government to quickly deliver on its election commitment to provide much-needed certainty to the profession on education standards, including ...