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Showing 41 - 50 of 226 results for %22Senate Inquiry%22

Bus operator fails to pay super

EMMA RAPAPORT  |  MONDAY, 30 JAN 2017
... Employers are required to pay 9.5% of an employee's salary into superannuation accounts. The case comes amidst a Senate inquiry in Melbourne over chronic underpayment of super contributions by employers. Industry Super Australia (ISA) accused that the ...

Industry funds blame ATO for super underpayment

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
... measures by the Australian Taxation Office for the chronic underpayment of super contributions by employers. At a Senate inquiry in Melbourne today, Industry Super Australia (ISA) stated the ATO's lack of action will mean workers will retire with tens ...

ASFA slams Grattan as 'out of touch'

EMMA RAPAPORT  |  MONDAY, 16 JAN 2017
... as first class and one that is delivering a higher standard of living for retirees," Fahy said. In its submission to the Senate Economics Committee's inquiry into the Superannuation (Objective) Bill 2016, the public policy think tank recommended that ...

Industry fund recovers millions in lost super

JAMIE WILLIAMSON  |  WEDNESDAY, 7 DEC 2016
... dodged payments each year. The report will form part of the organisations' submissions to the newly established Senate inquiry on SG non-payment.

Industry funds lead Labor's super inquiry

DARREN SNYDER  |  MONDAY, 5 DEC 2016
Industry superannuation funds are taking charge of the discussion around a new Senate inquiry aiming to address superannuation guarantee non-payments. Cbus and Industry Super Australia have released a report that suggests about 2.4 million or about ...

Banking inquiry becomes Royal Commission alternative

KERRIE SYDEE  |  WEDNESDAY, 30 NOV 2016
The Federal Opposition has established a Senate inquiry to investigate cases of wrongdoing in the banking and financial services industry. The Senate voted 40 to 25 in favour of establishing the inquiry, which will also examine existing legislative ...

Nationals senator not giving up on life insurance investigation

ALEX BURKE  |  TUESDAY, 12 JUL 2016
... regardless of what Parliament ultimately looks like after a hotly-contested election, he will prioritise continuing the Senate Economics References Committee's life insurance industry investigation. Speaking to Financial Standard, Williams said: "I'm ...

Retired mothers need financial help

DARREN SNYDER  |  TUESDAY, 10 MAY 2016
... Atley, said the $38 billion fund is calling for the federal government to adopt all recommendations from the recent Senate inquiry into the Economic Security of Women in Retirement. "There's no easy fix for this problem, but adopting the recommendations ...

APRA counts life insurance losses

KERRIE SYDEE  |  FRIDAY, 29 APR 2016
APRA has released its submission to the Senate Economics Committee on the inquiry into the scrutiny of financial advice - life insurance, claiming that the profitability of the sector is under strain. The submission argued that weak profitability has ...

Narev defends CommInsure record, wrote to five customers

ALEX BURKE  |  THURSDAY, 28 APR 2016
... letter to Senator Chris Ketter, noting he wrote to five affected customers recently. Referencing CBA's submission to the Senate Economics References Committee's Scrutiny of Financial Advice inquiry, Narev said in the letter that "some of the criticism ...